Kuehne & Nagel partners with Kintetsu in Latin America
Kuehne & Nagel International, a Swiss provider of forwarding and logistics services, and Kintetsu World Express Inc., a Japanese provider of similar services, said Wednesday they have begun a strategic partnership in Latin American markets.
According to terms of their agreement, Kuehne & Nagel will assume “the book of business of KWE-affiliated companies in Brazil, Peru, Venezuela and Mexico, effective Oct. 1,” the companies said in a joint statement.
“Kuehne & Nagel will now serve as KWE’s exclusive handling agent for both sea and air freight, as well as customs clearance,” the statement said. “The new collaboration is expected to be a first step to closer cooperation in other markets.”