Business, Forwarding, Freight News


Kuehne+Nagel launches cost-cutting drive

[ October 23, 2025   //   ]

Kuehne+Nagel has launched a group-wide cost reduction programme, aiming for annual savings of at least CHF 200 million including structural and sustainable measures. Productivity is to be increased in the long term by optimising central functions, as well as greater use of automation and shared service centres. 

In the first nine months of 2025, the Kuehne+Nagel Group increased its net turnover by 3% to CHF 18.5 billion. EBIT reached CHF 1.0 billion and earnings amounted to CHF 761 million. Currency effects in Q3 2025 again weighed on EBIT by CHF 14 million.

Due to ongoing uncertainties and the impact of the trade war in Q4 2025, Kuehne+Nagel expects EBIT for the full year 2025 of more than CHF 1.3 billion. 

The forwarder said it also achieved market share gains, particularly in air logistics, through targeted investments in logistics services for cloud infrastructure and the perishables market. In sea logistics, progress was made in SME market share. The company is focusing on strategically important routes and remains confident in further expanding its market position. 

Chief executive, Stefan Paul, said: “With the launch of group-wide cost reduction measures, we are now taking action to safeguard our cost base. Challenging external factors are forcing us to sustainably and permanently improve our efficiency and performance culture. Keeping high quality levels of customer service remains a top priority.”