The joint venture will target early-stage logistics services and technologies such as big data, predictive analytics and artificial intelligence.

Logistics group Kuehne + Nagel International launched a joint investment venture with Singaporean state-owned investment firm Temasek on Monday that will back technology logistics and supply chain technology developers.

The firms will assist early-stage startups working on technology or services capable of improving logistics business models through greater efficiency and consumer value. It will target technologies including big data, predictive analytics, artificial intelligence, blockchain and robotics.

Kuehne + Nagel’s logistics expertise is expected to complement Temasek’s capacity to formulate long-term…

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