Kuehne + Nagel goes after China pharma logistics

A man with a hard hat and yellow vest kneels to place label on small pallet before putting into refrigerator.

Two days after signing a definitive contract to acquire Hong Kong-based import/export facilitator Apex International Corp., mega-logistics services provider Kuehne + Nagel International AG struck a strategic partnership with Chinese pharmaceutical distributor Jointown, making good on recent plans to expand business in Asia.

Kuehne + Nagel, headquartered in Switzerland and number two in the world for logistics services based on gross revenue, said Wednesday it has entered into a partnership with...

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