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.

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.

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.

Gary Wilcock, managing director of Kerry Logistics Europe, passed away on June 21 after a short battle with cancer. He was 54.

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.

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.

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.

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.

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.

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.

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.

Kerry Logistics has acquired a majority stake in Cargo Master’s Group, a Mexico-based freight forwarding and logistics company with six domestic offices.

Kerry Logistics has opened three new logistics centers in Chongqing, Wuxi and Xiamen, China, to continue its expansion in the nation.

Kerry Logistics has opened Godiva’s Travel Retail Asia Packing Centre at a temperature-controlled logistics facility in Hong Kong.

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.