Swiss freight forwarder Kuehne+Nagel lifts 2026 profit outlook a third time this year
Kuehne+Nagel now expects 2026 EBIT of 1.5 to 1.6 billion Swiss francs, citing strong air freight demand and gains in sea logistics, Reuters reports.
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what happened
Swiss freight forwarder Kuehne+Nagel on Thursday raised its 2026 operating profit outlook for a third time this year, pointing to ongoing strength in air freight and gains in sea-freight market share, according to Reuters.
The company now expects recurring EBIT of 1.5 to 1.6 billion Swiss francs, or $1.8 to $2.0 billion. The previous range of 1.35 to 1.55 billion francs was raised in July. Analysts polled by the company had a median forecast of 1.5 billion francs for the year.
why it matters
For markets, the update suggests demand for air and ocean transport remains firm. Reuters also reports that several major logistics companies have raised forecasts repeatedly this year, supported by elevated shipping rates and supply-chain bottlenecks linked to the war in the Middle East. For freight forwarders and transport stocks, this is a key reference point.
market impact
Logistics and transport: solid demand supports forwarder earnings and sector shares
tags
instruments
sources
- Kuehne+Nagel lifts 2026 outlook for third time on growth in air and sea logistics — Reuters, 22 October 2026 at 04:55 UTC
- Kuehne+Nagel lifts 2026 outlook for third time on strong air and sea logistics — Reuters, 22 October 2026 at 05:17 UTC
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