kuehnenagel-apex-international

Kuehne+Nagel buys Asia’s Apex

Kuehne+Nagel is to acquire Asian forwarder Apex International. The company was founded in China in 2001 and is especially active in the transpacific and intra-Asian markets. It has about 1,600 employees and a yearly turnover of over CHF 2.1 billion (£1.6m). In 2020, the company handled 750,000 tons  of airfreight and 190,000teu of sea freight. KN’s board chairman Dr Joerg Wollesaid “Today we are one of the leading players and are ... [+]