Sale

Earlier this week, Swiss 3PL Kuehne + Nagel (K+N) announced to have optimised its logistics portfolio in Latin America, disposing of its contract logistics (CL) operations in Argentina.

Via a press release published in Spanish, it stressed the strategic relevance “of contract logistics is maintained in South America” and therefore no further divestitures are planned there.

“We will continue to invest in this business in the region,” Ingo Goldhammer, president South & Central America for K+N, unsurprisingly added in his prepared remarks.

The CL deal concerns ...

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