Kintetsu World Express buying APL Logistics

By 2015-02-18T12:09:51

APL Domestic 53 Foot containers at Port of Chiwan China

Kintetsu World Express has bought APL Logistics from its parent company Neptune Orient Lines (NOL) for $1.2 billion. The Japanese freight forwarder said the decision was based on its management priority to compete on a par with European and US competitors in the global market; as much as 70% of ...

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