With this recent expansion, the forwarder will be represented in 18 African countries with offices managed and supported by a control tower in Durban. K+N says this single point of customer contact will allow for complete visibility across the network, including remote locations, whilst ensuring service standards, data quality, shipment visibility and cargo flow management. Also read: Kuehne+Nagel to sell Apex minor stake to Partners Group The company says the expanded Africa network is … [Read more...] about Kuehne+Nagel widens its presence in Africa
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Kuehne+Nagel on Asia Pacific and sustainable logistics
Kuehne+Nagel has started offering sustainable aviation fuel on its myKN cargo quoting platform as part of its promise to become carbon neutral. With sustainability hanging at the forefront of almost every industry discussion in transport and logistics, Marcus Balzereit of Kuehne+Nagel, warns that carbon neutral ambitions do not come cheap, and not everyone is willing to pay the price. In an interview with Payload Asia, the senior vice president for sales and marketing for Asia Pacific gives his … [Read more...] about Kuehne+Nagel on Asia Pacific and sustainable logistics
K+N unveils e-commerce fulfilment hub in Luxembourg
Kuehne+Nagel is expanding its contract logistics footprint with the opening of its latest fulfilment centre in Contern, Luxembourg, covering 34,000 square metres of warehousing space. The Swiss forwarder said the expansion reaffirms Luxembourg as a strategic location for the company in Europe. It will offer integrated value-added solutions, particularly in the area of e-commerce fulfilment, including inventory management, picking, packing and shipping orders, managing returns, … [Read more...] about K+N unveils e-commerce fulfilment hub in Luxembourg
K+N opens new facility as pharma helps boost earnings
Kuehne+Nagel has opened a new control tower and conditioning facility in Singapore, together with subsidiary QuickSTAT, which specialises in time-critical and temperature-sensitive shipping to help bring new drugs and medical protocols to market safely and quickly. The investment is a part of a wider strategy to further expand both companies’ logistics capabilities to serve customers in the pharma and healthcare industry across Asia Pacific. The new conditioning facility, located at … [Read more...] about K+N opens new facility as pharma helps boost earnings
Kuehne+Nagel to sell Apex minor stake to Partners Group
Kuehne+Nagel announced earlier this week that it will sell 24.9 percent of its stake in Chinese forwarder Apex International Corporation to private equity firm Partners Group. Partners Group will work alongside fellow Swiss company K+N to implement a ‘transformational value creation plan’ for Apex together with its management team, as part of the board. The investment management firms says key initiatives include establishing new freight forwarding routes, identifying new growth verticals … [Read more...] about Kuehne+Nagel to sell Apex minor stake to Partners Group
Kuehne+Nagel completes Apex acquisition
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
