On the wires: The Kuehne + Nagel shrinkage continues – where to now?

June 4, 2020 Alessandro Pasetti

“Kuehne + Nagel (K+N) has announced that it has signed over four of its distribution hubs in France to local group STG as part of the ongoing restructuring of its contract logistics division. The value of the transaction has not been disclosed. Covering 55,000 sqm and employing 244 staff, the four facilities – at Saint Jory, Vallet, Wissous, and Longvic – handle fresh food products for supermarket retailers.” – Lloyd’s Loading List, 3 ...

The post On the wires: The Kuehne + Nagel shrinkage continues – where to now? appeared first on The Loadstar.

Previous Article
M&A radar: Hermes won’t be FedEx’s next TNT Express (hopefully)
M&A radar: Hermes won’t be FedEx’s next TNT Express (hopefully)

In Jewish humour there’s an old joke that takes various forms but basically runs along the following lines…...

Next Article
RTR Exclusive: Amazon in talks to buy $2bn stake in Indian telco Bharti Airtel – sources
RTR Exclusive: Amazon in talks to buy $2bn stake in Indian telco Bharti Airtel – sources

REUTERS reports: Amazon.com (AMZN.O) is in early-stage talks to buy a stake worth at least $2 billion in I...