KUEHNE+NAGEL: Asia is most important growth market

BREMEN – Stefan Paul, who took over as the Chief Executive Officer of Kuehne + Nagel Management AG, a global logistics provider based in Switzerland, in August 2022, has shared his vision and strategy for the company in an exclusive interview with CNBC journalist Christine Tan. Paul, who has been a member of the Management Board since 2013 and oversees the Group’s Sales activities, highlighted the importance of the Asian market for Kuehne + Nagel’s growth and innovation.

“Asia is our most important growth market and we are investing heavily in expanding our presence and capabilities in this region. We see tremendous opportunities to serve our customers across all business units, especially in seafreight, airfreight, contract logistics and road logistics. We are also leveraging our digital platforms and solutions to create more value and efficiency for our customers and partners,” Paul said.

Paul also commented on the challenges and opportunities posed by the Covid-19 pandemic, which has disrupted global supply chains and increased demand for logistics services. He said that Kuehne + Nagel has been able to adapt quickly and effectively to the changing market conditions and customer needs, thanks to its agile and resilient organization and its strong culture of innovation and customer focus.

“We have proven our ability to deliver reliable and high-quality logistics services even under difficult circumstances. We have also accelerated our digital transformation and sustainability initiatives to meet the evolving expectations of our customers and stakeholders. We are committed to being a responsible and trusted partner for our customers, suppliers, employees and society at large,” Paul said.

Paul also expressed his confidence in Kuehne + Nagel’s future prospects and performance, based on its solid financial position, its diversified portfolio of services and solutions, its global network of experts and its customer-centric culture.

“We have a clear vision and strategy to grow our business organically and through acquisitions, to enhance our operational excellence and profitability, to drive innovation and digitalization across all our activities, and to contribute to a more sustainable world. I am proud to lead this great company with its talented and passionate people who make Kuehne + Nagel what it is today: a global leader in logistics,” Paul said.