Kuehnenagel Buys TDN to Expand European and Latin American Road Logistics

Kuehnenagel Buys TDN to Expand European and Latin American Road Logistics

Kuehne+Nagel is acquiring TDN, a Spanish road logistics company, to strengthen its European groupage network and enhance last-mile delivery capabilities. This acquisition also lays the groundwork for future expansion into the Latin American market. TDN possesses a robust network and strong operational capabilities. The acquisition is expected to be immediately accretive to earnings and highly synergistic with Kuehne+Nagel's existing business. The move underscores Kuehne+Nagel's commitment to expanding its reach and improving its service offerings within the European logistics landscape.

11/03/2025 Logistics
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Lesotho South Africa Enhance Trade to Advance Afcfta

Lesotho South Africa Enhance Trade to Advance Afcfta

Lesotho and South Africa, with the support of the World Customs Organization, jointly released a Time Release Study report to optimize border management and enhance cross-border trade efficiency. Focusing on the Maseru Bridge and Ficksburg Bridge border posts, the study aims to reduce non-tariff trade barriers through coordinated border management and the implementation of one-stop service. This initiative supports the development of the African Continental Free Trade Area and promotes regional economic prosperity by streamlining processes and improving the flow of goods between the two countries.

Lesotho South Africa Study Customs Efficiency to Boost Trade

Lesotho South Africa Study Customs Efficiency to Boost Trade

Lesotho and South Africa jointly released an end-to-end clearance time study report, aiming to optimize border management and improve cross-border trade efficiency. The study focuses on the Maseru Bridge and Ficksburg Bridge border posts, highlighting the importance of trade facilitation in unlocking the potential of the African Continental Free Trade Area. Both countries are committed to implementing the report's recommendations, strengthening economic ties, and promoting regional economic development. The study underscores the critical role of efficient border procedures in fostering trade and growth within the region.