News / Takeovers in Latin America take Rhenus a step closer to 'the million mark'

Rhenus Air & Ocean is a step closer to meeting its self-imposed target of 1m teu per year by 2026, following Rhenus Group acquisitions in Latin America of Colombian forwarder BLU Logistics and a 51% stake in LBH Group.

BLU operates in six Latin American countries, as well as China and Hong Kong, shifting some 180,000teu of ocean freight. LBH also operates in six Latam countries, and a further 25 or so worldwide. Their addition will add 2,200 staff to Rhenus ...