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Article: Kuehne + Nagel sets out aggressive growth plans.
- Article from:
- Logistics Manager
- Article date:
- April 1, 2009
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Kuehne + Nagel is launching an aggressive expansion plan for 2009, which will see it recruit 400 extra sales staff globally, 80 in the UK.
The 3PL giant's plans to seize a larger chunk of the market include further investment into niche markets, such as aviation, wines & spirits, and hotels.
Tim Scharwath, chief executive of North West Europe, said: "It is our growth strategy that is our primary target in the coming year, rather than our profitability."
Nevertheless, the company has set out a cost reduction strategy for 2009 which will involve reducing man power across all areas of the business in line with volume reduction, and reduction in ...