Kuehne + Nagel to hold the majority share of the joint venture
Enlargement of the contract logistics footprint for the automotive industry in China by almost 70 per cent
Important step to further accelerate the growth in China’s automotive logistics market
Kuehne + Nagel announces a partnership with Sincero, a Chinese automotive logistics group with a nation-wide operation coverage, to invest in a joint venture focusing on contract logistics for the automotive sector. Kuehne + Nagel will hold majority share of the joint venture.
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