The effects of a weak start to the year for Kerry Logistics were reversed by a strong second quarter and the Hong Kong-based company is expecting a positive full-year result.
Monday April 6, 2020
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Press Releases
13 Jun 2017
Globalink Logistics has been named as the forwarder partnering with Kerry Logistics in a Central Asia-wide joint venture to capitalize on rising volumes through the China-Europe rail corridor.
23 Aug 2016
Kerry Logistics has a soft first half as weak trade growth puts the brakes on volume.
23 Mar 2016
The net effect of China’s export slowdown on Kerry Logistics was being mitigated by customers shifting their manufacturing operations to Southeast Asia, said group managing director William Ma.
14 Mar 2016
Kerry Logistics has acquired a Southern California-based freight forwarder that will significantly grow its international network, but the the Hong Kong-listed third-party logistics provider is not revealing the identity of the company until its financial results are delivered on March 24.
25 Jan 2016
Kerry Logistics in less than two months will complete the acquisition of an as-yet-unnamed U.S. forwarder, the latest part of the company’s expansion via acquisitions and joint ventures.
11 Jan 2016
Kerry Logistics Network’s Singapore subsidiary has been awarded the concession to operate inland ports in Yangon and Mandalay, two major commercial cities in Myanmar.
25 Aug 2015
Kerry Logistics grew its net profit by 11 percent in the first half to $69 million, driven by strong growth in its core integrated logistics and freight forwarding segments, but raised concerns over weak economic conditions that are affecting the cargo handling business.
06 Jul 2015
Gary Wilcock, managing director of Kerry Logistics Europe, passed away on June 21 after a short battle with cancer. He was 54.
11 Jun 2015
U.K.-based Kerry Logistics has completed a new office in Portugal, allowing the third-party logistics provider to better serve southwest Europe and get better access to Africa and South American markets, particularly Brazil.
20 Apr 2015
Kerry Logistics has formed a strategic partnership with China’s state-owned rail operator as it begins to tap into Beijing’s One Belt One Road national trade strategy that was announced in March.
26 Mar 2015
Kerry Logistics plans to build a regional express delivery platform in China and across the Asean region to capitalise on a rapidly growing segment of the logistics business, but it will be a cautious entry into a difficult market.
28 Jan 2015
A scarce supply of industrial land will continue to push up warehouse rentals in Hong Kong, keeping landlords in the pound seats while ramping up operating costs for third party logistics providers.
21 Jan 2015
Kerry Logistics is planning to convert one of its basic warehouse facilities in Hong Kong into a columbarium that will store the remains of up to 100,000 people, according to a local media report, a move that would appear to be a significant money spinner for the group.
16 Jan 2015
Kerry Logistics has formed a joint venture with Indonesia’s PT Puninar Saranaraya (Puninar Logistics) as it expands its business in Southeast Asia’s largest economy.
13 Jan 2015
China’s exports in 2014 recorded the second slowest growth since the country joined the World Trade Organisation in 2001, rising just 6.1percent as overall trade growth for the year slumped to 3.4 percent.
08 Jan 2015
Asia forwarders are preparing for a busy first quarter with a six-week sweet spot between the western year end and a late Chinese New Year expected to drive up cargo volumes being shipped out before the mainland's most important holiday.
05 Jan 2015
Kerry Logistics Network’s acquisition drive has continued into the new year, as the company added majority stakes in two Canadian forwarding companies barely a week after acquiring a Dubai-based logistics operator.
23 Dec 2014
The door to China’s domestic courier market is about to be opened a little wider for foreign service providers, as the State Post Bureau prepares to green light Kerry Logistics and Japanese firms Yamato Logistics and OCS (Overseas Courier Service) to operate in the mainland express market.
26 Nov 2014
A combination of manufacturing migrating from China to its Southeast Asian neighbours and improving road infrastructure is set to grow cross-border trade, despite the import and export of containers taking up to three weeks in some countries.
18 Aug 2014
Kerry Logistics reported an 8 percent increase in net profit for the first half as its integrated logistics segment showed solid growth in China and across ASEAN.
29 Jun 2014
Forwarders shipping goods via Shanghai are trying to decipher China Customs’ 24-Hour Advance Manifest (CCAM) regulations that either were implemented on June 3, will be implemented on June 28 or July 1, or will be strictly enforced from October 1, depending on the source.
07 Apr 2014
Foreign investment in the five founding members of ASEAN, the Association of Southeast Asian Nations, last year topped $128.4 billion, five times the 2001 level, Merrill Lynch economist Chua Hak Bin said in a report carried today by the South China Morning Post.
06 Nov 2013
Kerry Logistics has signed a deal to provide a range of services to support the expansion into China of UK-based fashion retailer ASOS.
13 Aug 2013
Kerry Logistics has acquired a majority stake in Cargo Master’s Group, a Mexico-based freight forwarding and logistics company with six domestic offices.
15 Jul 2013
Kerry Logistics has acquired a majority stake in Braservice, a Brazilian logistics and customs brokerage, to expand its services in the South American nation and strengthen ties with China and Asia.
11 Jun 2013
Kerry Logistics has opened three new logistics centers in Chongqing, Wuxi and Xiamen, China, to continue its expansion in the nation.
21 May 2013
Kerry Logistics has deployed three hybrid electric vehicles (HEVs) as part of a pilot program under the auspices of Hong Kong’s government.
07 May 2013
Kerry Logistics has opened Godiva’s Travel Retail Asia Packing Centre at a temperature-controlled logistics facility in Hong Kong.
24 Apr 2013
Kerry Logistics has started operations at its Asia regional logistics hub in Singapore.
07 Jan 2013
Kerry Logistics, through its affiliates and a local alliance, has secured a majority stake in Tin Thanh Express, further expanding its Vietnam network and creating a new joint venture company, Kerry TTC Express.
18 Dec 2012
Kerry Logistics has secured a contract with luggage company Samsonite in Thailand to manage its supply chain, including general warehousing, value-added services, pick and pack and local transportation services.
03 Dec 2012
Logistics service provider Kerry Logistics has started construction of a new 33,700 square meter (about 362,743 square foot) automotive parts facility in Kunshan, China...
02 Nov 2012
Kerry Asia Road Transport has launched a new intra-Asia less-than-truckload service between China and Vie
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