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Kuehne+Nagel debuts on Fortune’s Global 500 list

Devender Grover by Devender Grover
June 12, 2024
in Logistics, Sustainability
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Kuehne+Nagel debuts on Fortune’s Global 500 list
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  • Regarded as the most authoritative listing for the world’s largest stock-listed companies
  • Kuehne+Nagel ranks 396th on the list globally and 9th for Switzerland

For the first time, the Kuehne+Nagel Group has been included in the Fortune Global 500 list, which is compiled annually by Fortune magazine. With turnover of CHF 36.699 billion in fiscal 2021, Kuehne+Nagel ranks 396th on the list globally and 9th for Switzerland.

The Fortune Global 500 list is the most recognised ranking for the world’s largest stock-listed companies, measured primarily by annual turnover and profits. Fortune Global 500 companies generated turnover totaling USD 37.8 trillion in 2021, more than one-third of the world’s GDP.

Kuehne+Nagel is the world’s largest sea and air freight forwarder and holds significant positions in road and contract logistics. The Group has built its success on implementing its strategic focus on customers, technology and people, and by surpassing its ambitious financial targets. As a result, Kuehne+Nagel recorded a remarkably strong performance in the 2021 financial year and continued its successful course in the first half-year of 2022.

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Dr. Joerg Wolle, Chairman of Kuehne+Nagel International AG, says: „Kuehne+Nagel has demonstrated an impressive strategic ability to adapt and proactively responded to the frequent changes around us. The Group has proven its worth under these particular circumstances and also demonstrated the essential role logistics plays for the society at large. The debut on the Fortune Global 500 list reflects the successful development of Kuehne+Nagel as a world-leading logistics Group.”

Kuehne+Nagel was also recently recognized by the advisory firm Gartner for its customer centricity, pioneering sustainability solutions and being the most visionary market leader for third-party logistics.

Fortune 500 is a registered trademark of Fortune.

Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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