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DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
DHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZ
PRESS RELEASE
Geel / BE, October 16, 2019 – Kuehne + Nagel has inaugurated its enlarged pharma distribution centre in Geel, making it one of the largest within the global KN PharmaChain network.
By offering standardised, reliable and compliant end-to-end logistics solutions, the new facility plays an important role for Kuehne + Nagel’s customers in search of pharma & healthcare supply chain solutions to support their own strategic growth plans.
The new facility offers multi-modal, temperature-controlled forwarding and warehousing services and is fully GxP compliant and certified. KN PharmaChain encompasses a global network of more than 220 operations, 600,000 m² of industry dedicated warehousing space and a team of specially-trained operators.
Tobias Jerschke, Managing Director of Kuehne + Nagel BeLux comments at the occasion of the opening ceremony: “The enlarged pharma hub in Geel is an inherent part of our strategy to offer integrated logistics solutions to our customers, at the very centre of one of Europe’s strongest pharma clusters. Leveraging our distribution network, we make sure that hospitals, pharmacies, doctors and patients are supplied in full and on time.”
The Geel hub is centrally located in close proximity to the Brussels and Liège airports and with fast connections to the other 15 main EuropeanKN PharmaChain locations. The facility covers a total area of 22,000 m² (plus another 10,000 m² of extension space) and has two cold chambers to handle varying temperature requirements.
In addition to the Geel pharma hub, Kuehne + Nagel is currently investing in a 15,000 m² airside pharma facility at the Brussels cargo airport (BruCargo), due to open in the second half of 2020.
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