Kuehne+Nagel and SATS Ltd have formally inked a Memorandum of Understanding (MoU) to forge a strategic partnership aimed at revolutionizing the air logistics industry by bolstering value chain enhancements and sustainability initiatives.
This partnership, which has its sights set on customers in Asia, Europe, and North America, is a response to SATS’s recent acquisition of Worldwide Flight Services (WFS), recognized as the world’s largest air cargo logistics provider in April 2023. Together, Kuehne+Nagel and SATS are dedicated to co-creating and deploying innovative solutions designed to streamline operations. The initial Proofs of Concept have shown promising results, revealing notable time savings and a reduction in touchpoints for Kuehne+Nagel shipments at SATS’ airside facilities.
Yngve Ruud, a Member of the Management Board at Kuehne+Nagel overseeing Air Logistics, expressed enthusiasm about the collaboration, highlighting that collaboration is a cornerstone of Kuehne+Nagel’s mission. He emphasized that this partnership with SATS, capitalizing on their combined global expertise and reach, will elevate service quality and continue to deliver added value to customers across the globe.
Kerry Mok, the President and Chief Executive Officer of SATS, emphasized the strategic shift from a conventional customer-vendor relationship to a collaborative effort dedicated to enhancing supply chain efficiency. Mok emphasized their commitment to offering additional value to customers by taking advantage of the expanding global network and praised Kuehne+Nagel for sharing their forward-looking approach.
SATS, a global leader in gateway services and a dominant food solutions provider in Asia, and the Kuehne+Nagel Group, a logistics powerhouse with over 79,000 employees operating in nearly 100 countries, are joining forces in this significant collaboration. Kuehne+Nagel, headquartered in Switzerland and listed on the Swiss blue-chip stock market index (SMI), holds a commanding global position in air and sea logistics while also maintaining strong market presence in road and contract logistics.