Kuehne+Nagel in bullish mood despite 20% profit fall
THE world’s largest freight forwarder, Kuehne+Nagel, has reported a 20.2% decline in net profit to SFr467m ($430m) for 2009, on top of 19.4% decline in group turnover, which came in at SFr17.4bn, writes Gavin van Marle .
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