Kuehne + Nagel Shares Slip After Disappointing Quarter for Sea Logistics

Kuehne + Nagel shares dropped Tuesday as revenues at the products forwarder’s sea logistics organization dissatisfied financiers and dragged out the team’s general success.

Sea logistics had an increase in fourth-quarter revenues as it gained from proceeded initiatives to handle expenses. But quantities dropped and success per container that it delivered decreased from the 3rd quarter, leaving revenues at the system timid of projections.