The majority shareholder of K+N, Klaus-Michael Kuehne, has stated that volumes handled by the freight forwarder in Q2’21 are “still at a high level” but that there will be “a normalization in the second half of the year”. The scale of the surge in activity experienced by K+N can be seen in the 39.9% year over year increase in U.S. seaborne imports handled by the firm in Q1’21, which rose to 39.6% in April and 49.4% in May. A return to normal could make for a significant drop given imports in the three months to May 31 were 26.1% higher than the last...