|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||147.50 - 147.50|
|52 Week Range||123.52 - 158.85|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||22.56|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Reefknot wants to invest in six to eight Series A and B rounds, managing director Marc Dragon told TechCrunch. A typical Series B round can be $20-30 million, so it appears that Reefknot is not looking to be the lead investor in the majority of its deals.
The firm isbased in Singapore, but will look for companies around the world that areraising their Series A or B rounds
Air France-KLM Martinair Cargo and logistics giant Kuehne + Nagel have taken steps to fully integrate their electronic booking processes. In a recently concluded exercise, the two companies enabled total ...
Kuehne + Nagel International AG (SWX: KNIN) has acquired Worldwide Perishables Canada , a Canadian freight-forwarding company with a large seafood export business. The deal, announced on July 24, grows ...
Kuehne + Nagel (K + N) said it is cautiously optimistic on the outlook for the second half of 2019, but it will be a "tough ride in a tough environment," Chief Executive Detlef Trefzger said. The second-largest freight forwarder globally, K + N (SIX: KNIN) reported earnings per share of $1.69, which was below the $1.77 per share consensus forecast of Wall Street analysts, and down just under 2 percent from a year ago. Gross profit net of transportation expenses rose 3.8 percent to $2.054 billion.
The global air freight market struggled during the first three months of the year as a slowing trade environment took a toll. Declines in air volumes were reported by DHL, Kuehne + Nagel, Expeditors International and C.H. Robinson Worldwide Inc. (NASDAQ: CHRW). DHL attributed its declines to a combination of "selective stance" and strong market levels in the previous year.
Overall volumes for the world's largest ocean freight forwarder continued to grow, save for some regional market weakness. K + N reported first-quarter 2019 earnings per share of CHF 1.50 Swiss francs ($1.47) per share, a 2 percent drop from last year and just slightly below the CHF 1.52 per share consensus estimate. The freight forwarder reported gross profit net of transportation expenses rising 7.3 percent for the year to CHF 1.98 billion, with operating profit rising 45 percent to CHF 418 million due to the accounting rule change.
World's largest ocean freight forwarder adds money-back guarantee and carbon offset to what is now considered ‘table stakes' in ocean freight. Kuehne+Nagel, known as K+N, announced that it has launched online quotes for ocean shipping, joining many other initiatives from carriers and start-ups aimed at easing the international trade in containerized goods. K+N, the largest freight forwarder in ocean shipping, said it's KN Pledge service is the first online quoting and booking platform for full container load shipment from a logistics service provider.
Kuehne + Nagel said it's on the hunt for acquisitions as one of the world's largest freight forwarders looks to take market share in 2019. The outlook comes as the Swiss freight forwarder reported fiscal 2018 results that were short of analysts' estimates. K + N reported full-year diluted earnings per share of CHF 6.42 Swiss francs ($6.36) per share, a 4.5 percent rise from last year.
Kuehne + Nagel (K +N), forecasts that the fuel bills for the world's container ship fleets will rise as much as 50 percent with the start of new rules on the sulfur content of marine fuel. This comes 10 months ahead of the mandate (known as IMO 2020) from the United Nations' International Maritime Organization that all commercial vessels use a fuel containing no more than 0.5 percent sulfur, down from the 3.5 percent currently used on open seas.