Kuehne+Nagel has completed the acquisition of Chinese forwarder Apex International with a purchase price of more than US$1.2 billion (CHF 1.1 billion), adding significant forwarding expertise, particularly on the transpacific and intra-Asia routes. The forwarder says it will offer customers a 'compelling' value proposition in the competitive Asian logistics industry, especially in e-commerce fulfilment, hi-tech and e-mobility. Also read: Kuehne+Nagel teams up with pharma distributor … [Read more...] about Kuehne+Nagel completes Apex acquisition