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Tag: Kuehne

  • Kuehne+nagel Boosts India’s Logistics Sector With Five New Fulfilment Centres, Creating 1,500 Jobs

    Kuehne+nagel Boosts India’s Logistics Sector With Five New Fulfilment Centres, Creating 1,500 Jobs

    Kuehne+Nagel, the international logistics firm, is expanding its operations in India with the establishment of five new fulfilment centres. The locations for these centres include Gurgaon, Kolkata, Nagpur, Mumbai, and Rajpura. This expansion will provide 100,000 square meters of additional capacity, raising the company’s total fulfillment centre footprint in the country to nearly 500,000 square meters. The new centres will create over 1,500 jobs nationwide, supporting local economic growth.

    India’s Economic Potential

    India is expected to rise to the position of the world’s third-largest economy by 2030, underpinned by robust growth in industries such as high-tech, automotive, consumer goods, and healthcare. As these sectors continue to expand, there’s an increasing demand for a scalable, efficient logistics infrastructure.

    Automation and Boosting Order Handling Capacity

    The new fulfilment centres will employ advanced automation technologies like telescopic conveyors and high-performance sorting systems. These will facilitate an increase in peak order handling capacity by 75%.

    City Selection and Industry Growth

    The locations of the new centres cover the spectrum of Indian cities. This includes tier-1 cities like Mumbai and Kolkata, tier-2 hubs Gurgaon and Nagpur, and the tier-3 city, Rajpura. The diverse location selection aligns with India’s industrial growth across multiple cities. Gurgaon and Nagpur are emerging as growth centres for various industries, while Rajpura is experiencing a surge in manufacturing and distribution.

    Strategic Investment

    Damian Raczynski, Senior Vice President of Contract Logistics at Kuehne+Nagel Asia Pacific, expressed his optimistic views regarding the company’s expansion. He shared that India is a crucial growth market for Kuehne+Nagel and that they invest where their customers are. He further emphasized that this expansion enhances their ability to serve high-demand sectors, like consumer and healthcare. The goal is to deliver a service that’s characterized by speed, reliability, and flexibility.

    Questions & Answers

    What is the purpose of Kuehne+Nagel’s expansion in India?
    The expansion aims to meet the growing demand for efficient logistics infrastructure in India’s expanding industries such as high-tech, automotive, consumer goods, and healthcare.

    What additional features will the new fulfilment centres have?
    The new centres will incorporate advanced automation technologies such as telescopic conveyors and high-performance sorting systems, which will boost peak order handling capacity by 75%.

    How will this expansion benefit the local economy?
    The expansion will generate over 1,500 new jobs nationwide, contributing positively to the growth of local economies.

  • Kuehne + Nagel and HSBC Filling Void Left by Credit Suisse

    Kuehne + Nagel and HSBC Filling Void Left by Credit Suisse

    Next week, Credit Suisse shares will be delisted, bringing a 167-year history to an end. Two firms are lined up to fill the void.

    On June 12, Credit Suisse shares are to be delisted from the Swiss stock exchange. The following day its shares will drop out of the Swiss blue-chip SMI, to be replaced by freight forwarder Kuehne + Nagel, according to the stock exchange operator SIX.

    Semiconductor supplier Meyer Burger moves up in the SMIM index of mid-sized companies, while chocolate producer Lindt & Spruengli moves up in the Swiss Leader Index SLI.

    In Asia, HSBC is replacing Credit Suisse at one of the major financial events in In Hong Kong, where the Swiss bank held the annual Asia Investment Conference, of which the 26th and final one was held in March.

    HSBC is planning to hold a conference in Hong Kong from April 8 to 10 and expects more than 2,000 visitors. The event will be held at the Conrad Hotel, the same venue where Credit Suisse held its Asia conference for years.

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  • Kuehne + Nagel to provide production logistics to Mercedes-Benz

    Kuehne + Nagel to provide production logistics to Mercedes-Benz

    Kuehne + Nagel announced a new multi-year contract with Mercedes-Benz Vans, LLC, part of the Daimler AG Group, to implement a production logistics solution for its new assembly line and production facility in Charleston, South Carolina. The solution will provide flexible and efficient materials management as well as just-in-time deliveries for the assembly process.

    Kuehne + Nagel’s contract logistics team engineered a multi-year innovative production logistics operations plan utilizing a modern logistics center that will include vision picking smart glasses and automated guided vehicles (AGVs). Comprehensive services will include goods receiving, inventory management and just-in-time picking and sequencing for delivery to the car makers’ assembly line and production facility.

    For the implementation, Kuehne + Nagel is utilizing its successful customer transition and integration model, which includes multiple disciplinary project management and dedicated resources from the logistics provider’s national, regional and corporate organizations. In order to ensure reduce inventory, increase quality, and reduce total costs for each unit built, Kuehne + Nagel will use its KN Production System (KNPS), an in-house developed structured methodology based on lean supply chain principles.

    “We are delighted to expand our 15-year global relationship with Daimler AG and Mercedes-Benz,” said Bob Mihok, president and CEO, Kuehne + Nagel North America. “Our supply chain services in the new Charleston, South Carolina Sprinter van plant will improve assembly line productivity and enhance vehicle production. We look forward to adding value to our customer’s supply chain for many years to come.”

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  • Kuehne + Nagel acquires two perishables specialists

    Kuehne + Nagel acquires two perishables specialists

    With the acquisition of CFI, Commodity Forwarders Inc., an airfreight forwarder of perishables products in the USA, and Trillvane Ltd, one of the largest perishables specialists in Kenya, Kuehne + Nagel expands its global perishables network by adding more than 150,000 tons of perishables and further strengthens its position in providing end-to-end international and domestic fresh chain solutions.

    CFI, 1974 established by Alfred Kuehlewind as one-man office in Los Angeles shipping strawberries to Europe, today operates 14 locations throughout the United States including Alaska and Hawaii with more than 700 employees. The company is specialised in airfreight export and import as well as distribution of seafood, all kinds of agricultural products, flowers and greens. As a leader in the US perishable forwarding industry, CFI differentiates itself through its expertise, ability to provide high-end visibility and delivering unprecedented product quality for its customers’ fresh chains.

    Alfred Kuehlewind, Founder and CEO of CFI: “We are looking forward to become part of the Kuehne + Nagel Group. The planned transaction will offer us new growth perspectives and access to a global logistics network. Both companies’ customers will benefit from an extended service scope.”

  • K+N and Alibaba.com join hands to offer global logistics services

    K+N and Alibaba.com join hands to offer global logistics services

    Kuehne + Nagel announced a memorandum of understanding (MoU) with Alibaba.com, the B2B business arm of Alibaba Group, to offer global logistics services to customers of the Chinese e-commerce leader’s B2B business unit. Under the MoU, Kuehne + Nagel’s global logistics network and comprehensive capabilities will combine with Alibaba’s expertise in B2B e-commerce, to offer China-based shippers leading e-commerce logistics solutions.

    Since more than a year, Alibaba.com’s paid members in China have been able to instantly obtain quotations, book pickup and destination delivery services for airfreight consignments via Kuehne + Nagel’s digital solution KN FreightNet on Alibaba.com. The e-commerce relationship has already been extended to include less-than-container-load (LCL) solutions as well. Now, the strategic partnership will draw closer cooperation between the e-commerce giant and Kuehne + Nagel with intent to expand the scope of logistics services on offer in the near future to cover the various modes of transportation (air, sea, rail, overland) and contract logistics outside China.

    Steve Su, director of logistics at Alibaba.com, said: “We are pleased to partner with Kuehne + Nagel to offer our SME customers comprehensive logistics services, enabling them to capitalise on cross-border trade opportunities.”

    Wong Siew Loong, president North Asia Kuehne + Nagel, said: “We are excited to enter this MoU with Alibaba.com bringing together Alibaba’s e-commerce penetration with Kuehne + Nagel’s worldwide logistics capabilities. For Kuehne + Nagel, the establishment of this relationship is in line with our global strategy to digitalise logistics services in order to meet the evolving needs of customers today. We look forward to further developing this cooperation by expanding the scope of our e-commerce logistics offering to Alibaba customers in the future.”

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