Freight News, Logistics

KN buys US broker

[ June 26, 2015   //   ]

Kuehne + Nagel is to acquire 100% of the shares of US transport broker, ReTrans. The Swiss company says that the Memphis-based company is one of the the leading non-asset brokerage providers of intermodal transportation, as well as full and less-than-truckload (FTL and LTL) services in North America, with more than 300 employees, 68 locations and annual revenues of over US$500 million.