Kuehne + Nagel reveals acquisition price of Apex International

Logistics company Kuehne + Nagel will pay more than CHF 1 billion for the acquisition of Apex International, reveals the company's annual report, in which Kuehne + Nagel reports of a strong second half-year. Overall, Kuehne + Nagel saw a drop in container volumes in 2020.

Photo: Kuehne+Nagel

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DFDS' freight volumes advanced by 50 percent in April

DFDS outdoes analyst predictions in the first quarter. The Danish ferry and logistics company made it through Brexit in better form than expected, according to CEO Torben Carlsen, while the integration of a logistics acquisition has been pushed back.

Ikea denounces LNG as the fuel to decarbonize shipping

While an increasing number of carriers opt to include LNG vessels in their fleets, one of the world's largest shippers, Ikea, makes it clear that the liquefied natural gas is not the way to go for shipping companies to deacrbonize.

Further reading

Related articles

Latest news

See all jobs