Supply Chain Research

Freight forwarder K+N’s Chairman, Joerg Wolle, has stated that the firm is looking for “a new dimension of organic and inorganic growth of our networks” focused on Asia. That follows a 5.9% year over year slide in U.S. seaborne shipments handled by the firm in 4Q. Growth of 15.3% in Asia ex-China volumes couldn’t offset a 14.5% slump in shipments from China, while its European business also fell and faces a potential trade war with the U.S. K+N has the third lowest exposure to Asia in its U.S.-inbound business among the top 20 forwarders at 45.2%. Firms with a bias towards Transpacific ...