The Kuehne + Nagel Group will acquire 100% of the shares of ReTrans Inc, a US-based provider of multimodal transportation management solutions. Founded in 2002 and headquartered in Memphis, ReTrans is a non-asset brokerage provider of intermodal transportation, as well as full and less-than-truckload (FTL and LTL) services in the United States and Canada.
“The transaction with ReTrans underlines our strategy to grow organically and through complementary acquisitions,” said Stefan Paul, executive vice president Overland.
Logistics major buys US company
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