Post Tagged with: "kerry logistics"

Kerry rides global trade resurgence to high revenues, market expansion

Kerry rides global trade resurgence to high revenues, market expansion

August 31, 2017 at 5:06 pm 0 comments

A remarkable increase in turnover at Kerry Logistics, up 31 percent to US$1.75 billion in the first half of 2017, presents further evidence that global trade has overwhelmed protectionist sentiments that dominated headlines last year. “The world economy gradually stabilized, with cyclical recovery starting from Q2,” said William Ma, groupRead More

Kerry Logistics signs long-term contract with Maxim’s Caterers

Kerry Logistics signs long-term contract with Maxim’s Caterers

August 14, 2017 at 5:08 pm 0 comments

Kerry Logistics announced that it has contracted with Hong Kong’s largest food and beverage caterer, Maxim’s Caterers, to manage logistics, including cold-chain transportation and storage, for Maxim’s Group’s more than 780 outlets in Hong Kong. Under the announced long-term contract, Kerry Logistics will manage Maxim’s Caterers’ new central distribution center,Read More

Kerry Logistics’ Blank brings Europe, China a bit closer

Kerry Logistics’ Blank brings Europe, China a bit closer

July 7, 2017 at 5:56 pm 0 comments

With its extensive infrastructure and footprint in the world’s biggest e-commerce market, China, Kerry Logistics is intimately involved in directing and processing the growing volumes of goods circulating the globe. In Europe, the company is working to grow its footprint, but the market is mature, necessitating an ambitious mergers andRead More

That Sinking Feeling: Keeping shippers from running back to seafreight

That Sinking Feeling: Keeping shippers from running back to seafreight

July 6, 2017 at 5:50 pm 0 comments

With any broken relationship – whether it’s a romantic tryst or a freight consignment – there’s always the danger of the “rebound effect.” “Unrewarding rebound relationships can actually lead people to feel more attached to their ex-partners, rather than less,” warned Samantha Joel, assistant professor at the University of UtahRead More

The Kerry Group's freight-forwarding arm readies for continued international expansion into 2016.

Kerry Logistics doubles-down on ‘One-Belt’ rail services

July 3, 2017 at 5:43 pm 0 comments

Kerry Logistics announced today that it has aquired a 50 percent ownership stake in Lanzhou Pacific Logistics Ltd (LPL), an intermodal brokerage company that specializes in services across China and Central Asia, including Uzbekistan, Kazakhstan and Russia. Hong-Kong-based Kerry will share management of LPL with the brokerage company’s other shareholder,Read More

Kerry logistics launches new Europe-to-China LCL rail service

Kerry logistics launches new Europe-to-China LCL rail service

June 28, 2017 at 5:32 pm 0 comments

Rail service between China and Europe continues to add capacity, moving freight at lower costs than air, and faster than maritime modes. Shippers in industries such as fast fashion are starting to migrate away from air cargo, as the viability of rail networks increases between Southeast Asia, China and Europe.Read More

Armstrong’s 3PL report calls 2016 ‘mediocre’ for U.S. airfreight

Armstrong’s 3PL report calls 2016 ‘mediocre’ for U.S. airfreight

June 16, 2017 at 5:59 pm 0 comments

While the third-party logistics (3PL) market had a “mediocre” year in the United States, global 3PL revenues reached US$802 billion in 2016 and are on track to exceed $962 billion in 2020, according to the latest 3PL report by market research firm, Armstrong & Associates. The report, titled “Third-Party LogisticsRead More

The Kerry Group's freight-forwarding arm readies for continued international expansion into 2016.

Kerry Logistics enters JV with Globalink Logistics, expands in CIS region

June 13, 2017 at 5:49 pm 0 comments

In an effort to broaden its presence in the Central Asian region, Kerry Logistics has partnered with Dubai-based Globalink Logistics DWC, a freight forwarding group with extensive operations across The Commonwealth of Independent States (CIS). The joint venture will “significantly expand Kerry Logistics’ coverage in Central Asia and the CIS,Read More