Kuehne+Nagel air logistics EBIT soars 84% in Q3 2026
Strong air freight volumes and growth across all business units boosted Kuehne+Nagel’s third-quarter turnover and profitability, with air logistics EBIT rising 84% year on year.
Kuehne+Nagel reported a strong third quarter in 2026, with air logistics continuing to deliver strong growth throughout 2026, contributing to the group's overall performance.
Air Logistics business recorded a 38% year-on-year increase in net turnover to CHF 2.4 billion in the third quarter of 2026, while EBIT rose 84% to CHF 169 million. The unit reported a conversion rate of 32%, with air freight volumes reaching 1.7 million tonnes by the end of September.
Volume growth accelerated to 10% in Q3, up from 3% in Q2, significantly outpacing overall market growth. Demand for logistics solutions supporting cloud infrastructure and semiconductor customers contributed to the increase.
The company also expanded its pharmaceutical logistics capabilities, strengthening temperature-controlled transport solutions. In September, Kuehne+Nagel opened a new healthcare logistics centre at Frankfurt Airport.
This story was originally published by STAT Times. Read the full story at STAT Times →
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