Top forwarders all set for cash flow boost as earnings sag
When being flush is bad
Kuehne + Nagel is to invest in new technologies such as AI, automation and blockchain via a joint-venture with Singapore investment firm Temasek Holdings. The pair signed an MoU to create a 50:50 venture that will invest in early-stage technology companies developing services that could transform logistics. K+N said it was part of a bid to “shape the future of our industry”.
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