When Kuehne + Nagel (K+N) acquired Apex earlier this year, all sort of noise surrounded the purchase, with several market veterans arguing the Swiss forwarder may have regretted, eventually, the purchase of a sea and air freight wholesaler whose associated air/ocean volumes may have been lost in a flash.
That time isn’t now – head on 
Its Q3 21 numbers released today proved that Apex was a sound, if not defensive, buy …

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Source: The Loadstar