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
Yngve Ruud
Kuehne + Nagel expands global perishables network by more than 150,000 tons
Commodity Forwarders Inc. (CFI), 1974 established by Alfred Kuehlewind as one-man office in Los Angeles shipping strawberries to Europe, operates 14 locations throughout the United States including Alaska and Hawaii with more than 700 employees. The company is specialised in airfreight export and import as well as distribution of seafood, all kinds of agricultural products, flowers and greens. As a leader in the US perishable forwarding industry, CFI differentiates itself through its expertise, … [Read more...] about Kuehne + Nagel expands global perishables network by more than 150,000 tons