Temasek, Kuehne Nagel set up JV to invest in logistics tech startups

The intersecting network of logistics in Industry 4.0

Singapore state investor Temasek Holdings and Kuehne Nagel International AG, a global logistics group, are planning to establish a 50:50 joint venture (JV) entity that will have the mandate to invest in early-stage logistics technology companies.

Kuehne + Nagel International AG is based in Schindellegi, Switzerland and operates in the global transport and logistics space. It provides sea freight and airfreight forwarding, contract logistics, and overland businesses with a focus on providing IT-based logistics solutions.

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