Independent journal on economy and transport policy
18:26 GMT+1
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Kuehne + Nagel and Temasek will create joint venture for investments in technological starts-up in the field of the logistics
Signed today a memorandum of understanding
January 15, 2018
The logistic group Helvetic Kuehne + Nagel and the Temasek group of Singapore, that it is active in the field of the transport and the logistics mainly with the society integrally controlled PSA International that is one of the main world-wide harbour terminalisti and is the holding ones to which the PSA Singapore is under responsibility, society that enlivens almost the totality of the containerized trade of the port of Singapore, they have signed today a protocol of understanding with the objective to constitute joint venture through which carrying out investments in technological starts-up in the field of the logistics, new society whose scope is to develop innovative technologies in order to return the supply more efficient and effective chain.
The collaboration between the two groups will be centralized particularly on the segments of the systems of "big date", of the predictive analytics, the artificial intelligence, the Blockchain technology and the robotics.
"The opportunities offered from the increase of the technology and its applications in all the fields - it has emphasized Tan Chong Lee, president and responsible for Europe and the Asian south-east of Temasek - have been increasing object attention by Temasek". Evidencing that through joint venture he could be accelerated the transformation of the logistic field, the president of Kuehne + Nagel International, Joerg Wolle, have explained that "the cooperation together puts the aimed experience and investment strategy and in the long term of the Temasek with the total logistic Network of Kuehne + Nagel, having created a winning context for both the parts".
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