In defence of a 'more transparent' Kuehne + Nagel...
Into the light?
When Kuehne + Nagel (K+N) acquired Apex earlier this year, all sorts of noise surrounded the purchase, with several market veterans arguing the Swiss forwarder may have regretted, eventually, the purchase of a sea and air freight wholesaler whose associated air/ocean volumes may have been lost in a flash.
That time isn’t now – head on
Its Q3 21 numbers released today proved that Apex was a sound, if not defensive, buy with hindsight – one without which K+N would not have ...
Freightmate 'a product of theft, not ingenuity' says Flexport
China hits out at Hutchison plan to sell Panama port holdings to MSC
Liners plan more rate hikes to halt renewed container spot rates decline
TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Maersk vessel forced to omit Cape Town as congestion mounts
Resumption of Suez transits in doubt after return of Red Sea hostilities
Cyber-attacks a bigger threat to cargo owners than cargo ships
US CBP sees 90% fall in revenue last month; airfreight sees ecomm slide
Comment on this article