May 17, 2020

Kuehne + Nagel appoints new CEO

Kuehne + Nagel
kuehne
nagel
Kuehne Nagel
Freddie Pierce
2 min
Download from Kuehne + Nagel media site, good quality good pic of one of their massive warehouses
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World-leading logistics provider Kuehne + Nagel has appointed a new Chief Executive Officer (CEO).

The company’s Board of Di...

Follow @JosephWilkesWDM

World-leading logistics provider Kuehne + Nagel has appointed a new Chief Executive Officer (CEO).

The company’s Board of Directors came to the unanimous decision to appoint Dr Detlef Trefzger, currently a  member of the Kuehne + Nagel Management Board and responsible for Contract and Integrated Logistics.

He will take up the new position immediately.

Prior to joining Kuehne + Nagel, Trefzger was member of the Executive Board of Schenker AG, Germany, from 2004 to October 2012. He held worldwide responsibility for the business unit Contract Logistics and Supply Chain Management, and most recently he was in charge of Global Airfreight and Global Oceanfreight. 

Trefzger started his career at Siemens AG. In 1994 he moved to the logistics sector, initially as Principal at Roland Berger, Munich. In 1999 he was appointed Chief Financial Officer and member of the Executive Board of Schenker & CO AG, Vienna, Austria.

Karl Gernandt, Chairman and interim CEO of Kuehne + Nagel International AG, said: “It gives me great pleasure to announce Detlef Trefzger as the new Kuehne + Nagel Group CEO.

“In addition to his comprehensive knowledge of the business and many years’ experience in the logistics industry, Detlef Trefzger’s expertise in general management also played a major role in helping us reach a decision.

“Over the past months he has made significant contributions to the successful implementation of our strategy. His management philosophy corresponds with the Kuehne + Nagel ‘entrepreneurial spirit’ and the company’s team-oriented culture will benefit greatly from his constructive leadership style.

“We are convinced that Detlef Trefzger will maintain the continuity of leadership and direction of our Company, while at the same time injecting new ideas to ensure its future, successful development.”

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Jun 16, 2021

EU and US agree end to Airbus-Boeing supply chain tariffs

supplychain
Boeing
Airbus
tariffs
3 min
Supply chains embroiled in Airbus-Boeing dispute will no longer be impacted by $11.5bn tariffs imposed on food and beverage, aircraft and tobacco

The EU and US have agreed to resolve a 17-year dispute over aircraft subsidies, suspending tariffs on billions of dollars' worth of goods that have plagued procurement leaders on both sides of the Atlantic. 

Under an agreement reached by European Commission Executive Vice-President Valdis Dombrovskis and US Trade Representative Katherine Tai on Tuesday, the tariffs will be halted for a period of at least five years. 

It will bring an end to punitive and disruptive levies on supply chains that have little to do with the argument, which became embroiled in the trade battle. Businesses on both sides of the dispute have been hit with more than $3.3bn in duties since they were first imposed by the US in October 2019, according the EC. 

The US imposed charges on goods upto $7.5bn in response to a World Trade Organisation ruling that judged the EU’s support of Airbus, its biggest aircraft manufacturer, unlawful. A year later in November 2020, the EU hit back. The WTO found the US had violated trade rules in its favourable treatment of Boeing, and was hit with EU duties worth $4bn. 

In all the tariffs affected $11.5bn worth of goods, including French cheese, Scotch whisky, aircraft and machinery in Europe, and sugarcane products, handbags and tobacco in America. Procurement leaders on both sides of the fence were forced to wrestle with tariffs of 15% on aircraft and components, and 25% on non-aircraft related products. 

Boeing-Airbus dispute by the numbers  

  • The dispute began in 2004
  • Tariffs suspended for 5 years 
  • $11.5bn worth of goods affected by tariffs
  • $3.3bn in duties paid by businesses to date 
  • 15% levy on aircraft and 25% on non-aircraft goods suspended

Both sides welcome end to tariffs 

European Commission President Ursula von der Leyen branded the truce a “major step” in ending what is the longest running dispute in WTO history. It began in 2004.

“I am happy to see that after intensive work between the European Commission and the US administration, our transatlantic partnership is on its way to reaching cruising speed. This shows the new spirit of cooperation between the EU and the US and that we can solve the other issues to our mutual benefit,” she added.

Both aircraft manufacturers have welcomed the news. Airbus said in a statement that it will hopefully bring to an end the “lose-lose tariffs” that are affecting industries already facing “many challenges”. Boeing added that it will “fully support the U.S. Government’s efforts to ensure that the principles in this understanding are respected”. 

The US aerospace firm added: "The understanding reached today commits the EU to addressing launch aid, and leaves in place the necessary rules to ensure that the EU and United States live up to that commitment, without requiring further WTO action."

This week’s decision expands upon a short-term tariff truce announced in March this year. The EC says it will work closely with the US to try and further resolve the dispute, establishing a Working Group on Large Civil Aircraft led by each side’s trade minister.

Airbus last month signalled to suppliers that post-pandemic recovery was on the horizon, telling them to scale up to meet a return to pre-COVID manufacturing levels. “The aviation sector is beginning to recover from the COVID-19 crisis,” said Airbus chief executive Guillaume Faury, adding that suppliers should prepare for a period of intensive production “when market conditions call for it.”

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