It is the carrier's second massive terminal investment in the Middle East in the past few months and highlights the important role Jeddah plays as an alternative gateway to the war-torn Persian Gulf.
Acquisition-hungry Descartes made its fourth buy this year, taking over freight brokerage technology vendor Tai.
One of Germanys richest men, Kühne was seen as a visionary in the world of logistics, serving as CEO of Kuehne + Nagel for 17 years before becoming majority owner and then honorary chairman.
