We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Kuehne + Nagel acquires CFI, Trillivane
newsworthy

Kuehne + Nagel acquires CFI, Trillivane

July 21, 2017
DC Velocity Staff
No Comments

Freight forwarding and logistics giant Kuehne + Nagel International AG has acquired the perishable logistics specialists Commodity Forwarders Inc. (CFI) and Trillvane Ltd., expanding its position in the international and domestic perishables sector, the Swiss firm said Tuesday.

Details of the deal were not disclosed. Both transactions are subject to customary closing conditions, Kuehne + Nagel said. The CFI deal is expected to close in September following approval by U.S. antitrust regulators, CFI said.

Los Angeles-based CFI is an airfreight forwarder specializing in perishables handling, with 14 locations and more than 700 employees throughout the U.S. The firm specializes in airfreight export and import as well as the distribution of seafood, agricultural products, flowers, and greens, according to Kuehne + Nagel.

CFI will continue to operate under its own name, retaining its management, leadership, and customer service teams, CFI President Chris Connell said in a blog post. "In practical terms, the 'Fresh solutions' product will remain separate from K+N's regular day-to-day dry cargo operations within North America," Connell wrote in the post. "Perishables are so unique; the knowledge set and urgency needed in running it on a day-to-day basis continues unchanged. It is people, facilities, and the understanding that every second counts."

The acquisition of Nairobi-based Trillvane, one of the largest perishables specialists in Kenya, will allow Kuehne + Nagel to strengthen its perishables operations between Kenya and Europe, in particular to and from the U.K., Kuehne + Nagel said. Trillvane focuses on the export of temperature-controlled goods such as flowers and vegetables.

"The two acquisitions mark another important step in our global perishable logistics strategy," Yngve Ruud, member of the management board of Kuehne + Nagel International AG, responsible for airfreight logistics, said in a statement. "These two transactions further strengthen and expand our fresh chain network connecting key production countries to major consumer markets. The business potential in the steadily growing global perishable sector is huge."

The deal will allow Kuehne + Nagel to accelerate its growth in that sector by scaling its dedicated network, globally integrated IT systems, and end-to-end transparency, Ruud said.

Transportation Air
KEYWORDS Commodity Forwarders Inc. (CFI) Kuehne + Nagel
  • Related Articles

    Kuehne + Nagel acquires Retrans to expand U.S. position, product portfolio

    Kuehne+Nagel acquires Asian logistics provider in biggest deal in company history

    Kuehne + Nagel teams with MRO provider to expand air logistics services

Recent Articles by DC Velocity Staff

Freightos completes plan to go public on NASDAQ exchange, raises $80 million

Retailers lose visibility as they outsource last-mile delivery, FarEye says

Warehouse robots drive change in automotive plant

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Big and bulky last-mile delivery segment set for hot growth

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

  • In Person: Steve Beverly of Penske

  • InPerson interview: Rob McKeel of Fortna

Now Playing on DCV-TV

89cfed30 8aac 4284 960d c8c8c1886e16

Have you checked your read rate lately?

DCV-TV 4: Viewer Contributed
No reads. Unaccounted for boxes. Boxes sent to the wrong place. A logistics nightmare! But this nightmare doesn’t have to come true. SICK’s linear line scan camera is what dreams are made of for your logistics operations. And if you’re worried about motion and vibration from conveyor belts...well, there’s no reason...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing