Kuehne Nagel

K+N scores major US cold chain logistics deal

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Ortho Clinical Diagnostics, one of the world’s leading providers of in vitro diagnostic products and services, has awarded an exclusive six-year contract to Kuehne + Nagel to manage its complex cold and temperature-controlled warehousing and distribution requirements in the US. The Kuehne + Nagel Memphis operation is considered to be one of the largest cold chain logistics premises ever designed by a third party logistics provider on behalf of a specific client. As part of an ongoing supply … [Read more...] about K+N scores major US cold chain logistics deal

K+N sees strong profitability despite currency hit

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Kuehne + Nagel reported “excellent performance" in the air freight sector for the first half of 2015, which helped the global logistics giant to post a 4.2 per cent rise in net earnings for the period to CHF 326 million (US$341.5 million), compared to the same period in 2014. This was despite a negative currency impact of 7.3 per cent, the group said, while noting that revenue fell 3.2 per cent compared with the first half of 2014, to CHF 8.23 billion. Commenting on the results, Detlef … [Read more...] about K+N sees strong profitability despite currency hit

Kuehne+Nagel to acquire ReTrans

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The Kuehne + Nagel Group has entered into an agreement to acquire ReTrans Inc., a US-based provider of multimodal transportation management solutions. The acquisition builds on Kuehne + Nagel’s overland strategy and will significantly strengthen the company’s position as an end-to-end logistics provider in North America. Founded in 2002 and headquarted in Memphis, TN, ReTrans ranks among the leading US non-asset brokerage providers of intermodal transportation, as well as full … [Read more...] about Kuehne+Nagel to acquire ReTrans

Kuehne+Nagel to acquire ReTrans

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The Kuehne + Nagel Group has entered into an agreement to acquire ReTrans Inc., a US-based provider of multimodal transportation management solutions. The acquisition builds on Kuehne + Nagel’s overland strategy and will significantly strengthen the company’s position as an end-to-end logistics provider in North America. Founded in 2002 and headquarted in Memphis, TN, ReTrans ranks among the leading US non-asset brokerage providers of intermodal transportation, as well as full … [Read more...] about Kuehne+Nagel to acquire ReTrans