Kuehne + Nagel has signed a “transformational” new global contract with pharmaceutical materials provider GlaxoSmithKline (GSK). The five-year end-to-end deal will see the firm transport raw materials from GSK to its trade customers in more than 100 countries. Kuehne + Nagel was awarded the deal because of its previous experience in the pharmaceutical sector, as well as a “good track record” with GSK. Kuehne + Nagel International chief executive Detlef Trefzger said: “We are very excited about this long term […]
Medical 3pl giant Movianto is to be sold by parent company Celesio to US firm Owens & Minor for €130m. Celesio says it wants to divest of logistics arm Movianto, which has been part of the German-based company since 2004, to concentrate on its core sectors of pharmaceutical wholesaling and pharmacies, which accounts for 95% of the group’s business. It adds that the divestment will happen more swiftly than originally planned due to “the buyer’s reputation for quality and integrity”. […]
Kuehne + Nagel has clinched a major contract to manage GlaxoSmithKline’s UK road distribution of consumer and healthcare goods.