Disorderly Brexit is the worst solution says Kuehne + Nagel CEO

brexit vote

In response to the House of Commons Brexit vote in the UK, Detlef Trefzger, CEO of Kuehne + Nagel International, emphasises the importance of open markets.

“The House of Commons has made a historic decision which we need to respect,” says Trfzger. “Kuehne + Nagel is committed to global free trade in principle which ensures prosperity for everyone. So from our perspective, ‘No Brexit’ would be the preferred solution, since any form of Brexit is bound to increase trade barriers,” Trfzger says.

Detlef Trefzger K+N
Detlef Trefzger

A disorderly Brexit is the worst solution”, he adds. “It will impose massive restrictions on the exchange of goods between the European Union and the United Kingdom. We appeal to the responsible bodies in London and Brussels to do the utmost to prevent this scenario. As far as we are concerned, we are focussed on ensuring the constant flow of goods for our customers”, adds Trefzger.

Kuehne + Nagel has engaged customers and own industry experts over the past years to assess all possible impacts. In order to cope with the effects of a disorderly Brexit Kuehne + Nagel has taken steps to review all options to secure capacity on trade routes with Europe outside of the Kent corridor both by sea and air. The company has also commenced recruitment of additional customs clerks.

Kuehne + Nagel was asked to participate in the UK Government Cross Border Steering Group and will use this opportunity to define sustainable solutions as the set of Brexit conditions becomes clearer.

Summary
Disorderly Brexit is the worst solution says Kuehne + Nagel CEO
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Disorderly Brexit is the worst solution says Kuehne + Nagel CEO
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In response to the House of Commons Brexit vote in the UK, Detlef Trefzger, CEO of Kuehne + Nagel International, emphasises the importance of open markets.
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AsiaCargoBuzz.com
AsiaCargoBuzz.com
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