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Article: Kuehne & Nagel International AG: Expansion of Contract Logistics Business; Kuehne & Nagel to acquire USCO Logistics.
- Article from:
- Business Wire
- Article date:
- May 24, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
HAMDEN, Conn.--(BUSINESS WIRE)--May 24, 2001
USCO Logistics announced today that it has signed an agreement to be acquired by Kuehne & Nagel International AG, Schindellegi, Switzerland. The transaction will enable USCO customers to access a single source for execution of a full suite of logistics management solutions on a global basis. With this acquisition Kuehne & Nagel will have full access to the logistics market in North America, and realises a further important step in its strategic concept of offering integrated contract logistics solutions on a global basis. In recent years, Kuehne & Nagel has successfully expanded this business ...
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