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Kuehne+Nagel company history timeline

1890

Since 1890, when the business was founded in Bremen, Germany, by August Kuehne and Friedrich Nagel, Kuehne + Nagel has grown into one of the world's leading logistics providers.

In 1890 he left Naumann's company to set up his own business.

1902

1902: Adolf Maass heads up the Hamburg branch office.

Later in 1902, it expanded its operations to the German seaport city of Hamburg.

1907

In 1907, the co-founder Friedrich Nagel died, and August Kühne took over his shares in the company.

1909

In 1909 August Kühne acquired the von Kapff Mansion near the Weser Bridge in Bremen, where he had worked as an apprentice.

1910

In 1910 Adolf Maass became a partner in KN.

One son, Alfred, however, decided to forego training as an artist, and in 1910 began an apprenticeship in the Hamburg branch.

1913

Bremerhaven had warehousing facilities, just like Bremen; there were representatives of the firm in Lübeck and Leipzig, and in 1913 an office was opened in Berlin, the capital of imperial Germany.

1915

August Kühne tried to keep the business going, but the total naval blockage of 1915 put an end to the last ocean connections that had been sustained with a few neutral states.

1921

Alfred Kühne, who had spent some time arranging sea freight forwarding in Rotterdam, returned to his father's company in 1921.

1924

In 1924 a branch was opened in Lübeck to handle traffic in the Baltic sea.

He continued to run the company, helped by Ludwig Rössinger who had joined KN in 1924 as representative in Frankfurt.

1932

Upon Kühne's death in 1932, his sons - Alfred and Werner - became partners in the firm.

1933

On the 1st of May 1933 Alfred and Werner Kühne joined the Nazi Party, and under the brothers' management the firm played a prominent role in the transport of property seized from Jews in occupied territories.

1942

KN was reorganized in 1942 and was run from the central office in Berlin.

1943

In the same year, a branch was established at Königsberg and another at Regensburg in 1943.

1944

KN's headquarters in Bremen, including the archives, were completely destroyed during an air raid in 1944.

1946

1946: KN focuses on providing transport in the three remaining German occupation zones.

1953

In 1953 a KN subsidiary was founded in Canada, with branches in Toronto and Montreal.

1957

A branch was opened in Vancouver in 1957 to handle incoming goods from Japan and Hong Kong, and to reship them to eastern Canada.

1959

1959: Kühne & Nagel AG is formed in Switzerland.

1963

Klaus-Michael Kühne joined his father and Ludwig Rössinger as a junior partner in 1963, having completed an apprenticeship in banking.

1966

In 1966, at the age of 30, he joined the management team as executive chairman; and spearheaded KN’s future expansions, particularly its European and the Far Eastoperations.

1975

In 1975, the company adopted a holding company structure, with the formation of Kuehne + Nagel International AG based in Schindellegi, Switzerland, as the ultimate holding company.

1981

Alfred Kühne died in 1981.

1989

In 1989 the prestigious German business publication Manager Magazin voted Klaus-Michael Kühne "Mr.

1990

In May 1990 KN founded, via a joint venture contract with the former state-owned forwarder VEB Deutrans, the KN Speditions-GmbH in East Berlin.

The 1990 German reunification was an important event for many German companies, including KN; and provided them the necessary impetus to expand further.

1992

Then in 1992, after securing a record net profit of $26.6 million, KN announced its intention to go public.

1993

Europe," reflecting the farsighted approach KN took in the increasing economic integration of Europe and the removal of internal trading barriers, scheduled for 1993.

1994

In May 1994, the company listed on the Zurich and Frankfurt exchanges.

During 1994 KN posted record sales and income.

1999

In July 1999, Kühne handed over the post of CEO to Klaus Herms, and continued as the executive chairman and president of the board.

2000

In 2000, KN entered an alliance with Singapore-based SembCorp Logistics Ltd., gaining a foothold in the Asia-Pacific region.

2001

Both revenue and profits increased during 2001.

In 2001, it acquired USCO Logistics Inc. – a warehouse-based logistics service provider based in Hamden, Connecticut for US$300 million.

2004

KN and SembCorp chose to follow different strategic paths in 2004, and ended their strategic partnership.

2007

The succession plan was similar to the SAP's 2007 CEO transition plan from Henning Kagermann to Léo Apotheker, which received praise in the media.

2012

In 2012, Kuehne + Nagel acquired the business contracts of Canada's Perishables International Transportation (PIT) to expand into global fresh and frozen foods network.

2014

In April 2014, Kuehne + Nagel International was fined $3.1 million for its part in a freight forwarding cartel case brought by the Commerce Commission.

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Founded
1890
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Founders
August Kuhne,Friedrich Nagel
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Kuehne+Nagel competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Schenker Inc1947$2.1B6,200-
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DSV Panalpina1976$16.7B56,0001,116
Hellmann Worldwide Logistics1871$2.7B10,69635
Panalpina Inc1923$800.0M1,463-
Yusen Logistics1968$4.2B350135
CEVA Logistics2011$106.9M98,00034
Walker SCM1989$8.5M7514
AEL Span2007$5.0M350-
APL Logistics Americas Ltd1977$1.7B6,00050

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Kuehne+Nagel may also be known as or be related to KUEHNE + NAGEL INC., Kuehne & Nagel Inc, Kuehne + Nagel Inc., Kuehne + Nagel International AG, Kuehne + Nagel, Inc., Kuehne+Nagel and Kühne + Nagel.