Tom Lavell

Business, Logistics

Kuehne + Nagel Earnings Decline Even as Sea Freight Volume Rises

Chris Ratcliffe/Bloomberg News

Kuehne + Nagel Inc. reported third-quarter earnings before interest, taxes, depreciation and amortization fell 3.6% to $273 million, counter to analysts’ average estimate of a 6.4% increase to $267 million.

Tom Lavell | Bloomberg News
October 18, 2016

Volkswagen’s MAN Plans 1,400 Job Cuts as Turbo-Engine Division Reorganized

Jochen Eckel/Bloomberg News

MAN SE, the German truck-making arm of Volkswagen AG, plans to cut 1,400 jobs at its diesel-engine unit in an attempt to reverse a drop in earnings in that division

Tom Lavell | Bloomberg News
September 23, 2016