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Freight forwarder K+N reported Q2’21 revenues which expanded by 47.9% year over year and by 35.0% compared to Q2’19. While seafreight revenues surged, much of the expansion was due to rising shipping rates, with volumes handled globally down by 8.3% in Q2’21 versus Q2̵... Read more →
Blue Anchor America Line (Blue Anchor Line)
Shipping Company Profile
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SCAC: BANQ
Shipments Processed
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6,271,945Shipments Processed (U.S. Imports)
Shipments by Month
TEUs by Month
Research
Suppliers
160,298
Suppliers shipping with BANQ
Top BANQ Suppliers
Buyers
123,462
Buyers shipping with BANQ
Top BANQ Buyers
Vessels
15,094
Vessels used by BANQ
Top BANQ Vessels
Foreign Ports
457
Foreign Ports used by BANQ
Top BANQ Foreign Ports
- Bremerhaven
- Shanghai
- Yantian
U.S. Ports
106
U.S. Ports used by BANQ
Top BANQ U.S. Ports
- The Port of Charleston
- The Port of Los Angeles
- New York Newark Area
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Top Supplier Locations
loading map...Shipment Statistics for Blue Anchor America Line (Blue Anchor Line)
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6,271,945Total shipments
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11,762,924 TEUsTotal volume
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1.88 TEUsAverage shipment size
Shipments by month
Shipment Market Share (%)
TEUs by month
TEU Market Share (%)
Recent Panjiva Research about Blue Anchor America Line (Blue Anchor Line)
K+N expects second-half normalization, Vietnamese shipment worth watching
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 expe... Read more →
K+N sets eight-year expansion record as shipping for Miele, Toms booms
K+N reported a 22.8% year over year expansion in Q1’21 revenues, the fastest rate of growth the freight forwarder has delivered since at least 2014. Much of the expansion has been driven by an increase in achieved shipping rates rather than higher volumes, though airfreight handling i... Read more →
Life after Suez – April 2021 events calendar
Trade policy events in April will include Biden administration meetings with the semiconductor industry and a heads of state meeting between the U.S. and Japan. The former will focus on strained supply chains and the latter may provide clarity on relations vis-a-vis China. The administratio... Read more →
K+N shows rates, not weights, matter; congestion set remain until summer
Freight forwarder K+N reported revenue growth of 5.5% year over year in Q4’20, a significantly slower rate of development than its peers including C.H. Robinson and DP-DHL. The firm’s CEO, Detlef Trefzger, has stated that reflects a “selective growth approach and most like... Read more →
Kuehne critiques carrier-forwarder combo; K+N favors Hapag-Lloyd
The closer integration of freight forwarding and container shipping has driven corporate restructurings at Maersk and CMA CGM. Stand-alone freight forwarder K+N’s controlling shareholder, Klaus-Michael Kuehne has been somewhat critical of the moves and has noted “who will preva... Read more →
K+N takes a more conservative Q4 view than DSV-Panalpina, DP-DHL
K+N has reported Q3 revenues which fell by 3.9% year over year including a 12.8% drop in air freight due to “a slower than initially expected recovery of the aviation sector”. Similarly, ocean freight handling fell by 5.1% despite the freight forwarder experiencing improved ship... Read more →
K+N’s COVID-19 downturn continues as pharma handling slips on some routes
Kuehne and Nagel reported Q2 revenues which fell by 8.7% year over year with EBIT down by 18.0%. That was considerably worse than DP-DHL’s 25% EBIT expansion and may reflect a mixture of weaker volumes as well as technical factors such as currency rates. K+N’s revenues from ocea... Read more →
K+N experiencing return-to-normal in China while COVID-19 continues
Freight forwarder Kuehne+Nagel reported Q4 revenues that fell by 3.7% year over year, driven by a slump in airfreight and slowing growth in seafreight. That’s a common picture seen across the sector. As with other forwarders, K+N also faces a tough start to 2020 as a result of disrupt... Read more →
K+N Starts The Search For Asian Acquisitions
Freight forwarder K+N’s Chairman, Joerg Wolle, has stated that the firm is looking for “a new dimension of organic and inorganic growth of our networks” focused on Asia. That follows a 5.9% year over year slide in U.S. seaborne shipments handled by the firm in 4Q. Growth o... Read more →
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