K+N buys multimodal provider ReTrans
Kuehne + Nagel Group is buying ReTrans, which provides intermodal transport, as well as full and less-than-truckload services in the US and Canada, operating across 68 locations.
Detlef Trefzger, CEO of the Kuehne + Nagel Group, said: “Our customers will benefit from comprehensive end-to-end supply chain solutions in North America. Combined with our strong sea freight, airfreight and contract logistics operations, this transaction will accelerate our growth.”
David Wedaman, president of ReTrans, will take on the combined responsibility for the ReTrans and Kuehne + Nagel overland business in the US.
Source: logisticsmanager.com
Portal: logistik-express.com
