Freight forwarder Kuehne+Nagel kicked off the shipping industry’s first quarter revenue reports with a 7% rise on a year earlier. That was the first increase after two down quarters and 4% better than analysts’ expectations. Seafreight volumes increased 9% as a result of gaining share in a market that expanded 4%. That bodes well for the container-liners. Panjiva analysis of analysts’ estimates, combined with these results, show the forwarding industry’s revenues could rise 5% in the first quarter in total.
Copyright © 2025 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.




