Kuehne+Nagel International is considering strategic options for its Asia-focused freight forwarder, Apex Logistics, according to people familiar with the matter. No specifics on timing, valuation, or potential buyers were provided, so near-term implications are unclear. Likely incremental read-through for the logistics/forwarding segment rather than a direct earnings shock.
Kuehne+Nagel International is considering strategic options for its Asia-focused freight forwarder, Apex Logistics, according to people familiar with the matter. No specifics on timing, valuation, or potential buyers were provided, so near-term implications are unclear. Likely incremental read-through for the logistics/forwarding segment rather than a direct earnings shock.
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