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Switzerland: Kuehne & Nagel report unsatifactory 2012 start

Kuehne and Nagel have released their first quarter 2012 figures. They say that, despite growth in volume they have ahd an unsatisfactory start for a number of reasons including, costs increases, lower margins and an anti-trust fine from the European Commission to the value of $70 million US (CHF 65 million/54 million Euro).

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