☀ WEATHER● RADIOAdvertise
DVDOWNUNDERVOICESAustralia · New Zealand · World
Back to Trade & Logistics
Trade & Logistics

26 October 2026

AI air freight drives Kuehne+Nagel profit increase

Downunder Voices Newsroom

Source reporting: FreightWaves

FacebookEmail
AI air freight drives Kuehne+Nagel profit increase

Earnings and volume gains, led by AI-related air freight demand and ongoing cost controls, spurred strong third-quarter results for Kuehne+Nagel, beating analysts’ estimates for profit and volumes. Revenue increased 22% to $8. 97 billion and pre-tax earnings were $527 million, up 53% year over year, the Swiss logistics giant reported last week. The air and ocean forwarding business outperformed by picking up more business from Chinese retail marketplaces and hyperscalers, taking away market share from competitors in the process. Management also said that its cost savings initiative is moving faster than originally anticipated, with annualized savings of $242 million by year’s end.

About this report

Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

Follow on FacebookSubmit your story

More from Trade & Logistics

View category
Japan Airlines hires B747 cargo carriers to meet high-tech demandTrade & Logistics
From FreightWaves

26 October 2026

Japan Airlines hires B747 cargo carriers to meet high-tech demand

Japan Airlines has expanded scheduled transcontinental all-cargo flights, utilizing Boeing 747 freighter aircraft operated by three large cargo airlines to take advantage of surging demand for shipments of semiconductors and digital equipment, much of it to support the rapid buildout of AI infrastructure. The Tokyo-based carrier began flying freighters again for the first time in 13 years in February 2024 and now operates three Boeing 767-300 converted freighters that previously flew for its passenger business. But those aircraft primarily operate on intra-Asia routes. In a 2035 strategy outlined in March, Japan Airlines said it planned to add large freighters to the cargo business to meet robust demand between Asia, North America and Europe, especially for high-value cargo such as semiconductor manufacturing equipment and pharmaceuticals. Towards that end, Japan Airlines has enlisted U.

FreightWavesOriginal source
Trucking Needs More Than a Choice Between Diesel and EV TrucksTrade & Logistics
From FreightWaves

26 October 2026

Trucking Needs More Than a Choice Between Diesel and EV Trucks

This Range Energy whitepaper compares different ways fleets can cut diesel use. The evaluated options: do nothing, purchase an electric tractor, or purchase a Range eTrailer. Record high diesel prices are making fleets look closely at these options – especially refrigerated fleets, which face additional pressure burning diesel in two engines (TRU and truck engine). Much of the discussion focuses on the decision a fleet can make today: to start building out charging infrastructure (which can be a multi-year endeavor) and get in the queue for a Tesla Semi, or to put in orders for a Range eTrailer, which starts serial production in late 2027. Download the whitepaper and make more informed decisions that reduce diesel reliance and enable a more rapid impact to your bottom line.

FreightWavesOriginal source

Read Next

View latest