Post Tagged with: "kerry logistics"

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

The Power 25 List for 2017

The Power 25 List for 2017

May 27, 2017 at 5:34 pm 0 comments

The Power 25 list was compiled with the cooperation of Armstrong & Associates, Inc., a U.S.-based supply chain consulting firm, which ranked the 25 largest forwarders, based on their 2016 air tonnage. Revenue information and tonnage figures for 2016 are either reported by the companies or estimated by Armstrong &Read More

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

Kerry Logistics launches ‘One Belt’ UK-China rail services

April 10, 2017 at 5:42 pm 0 comments

A slew of stories have emerged about new rail connectivity between Europe and China demonstrate that the latter’s “One Belt, One Road” initiative is becoming an economic reality. Now, Kerry Logistics is making the initiative tangible on the Western end, too, as the first eastbound freight train is poised toRead More

On the rails: Growth in Asia’s slower lane

On the rails: Growth in Asia’s slower lane

February 9, 2017 at 6:58 pm 0 comments

Last October the British and Chinese governments agreed to allow more than double the number of passenger flights between the two nations and threw the door open to unlimited cargo flights. To date, however, no air carrier has availed itself of the opportunity. Instead, rail, as well as rival ground-basedRead More

Kerry Logistics sees opportunities in North America with APEX acquisition

Kerry Logistics sees opportunities in North America with APEX acquisition

June 1, 2016 at 5:52 pm 0 comments

Today Hong Kong-based logistics provider Kerry Logistics completed its acquisition of a 51 percent controlling stake in California-based, full-service freight forwarder, APEX Maritime. Although APEX’s strength is in oceanfreight, with 270,000 TEUs handled in 2015, the deal also has broader implications for Kerry’s airfreight forwarding operations, and expansion into theRead More

The Power 2015: Stability at the top

The Power 2015: Stability at the top

May 26, 2016 at 2:18 pm 0 comments

Stability at the top For the top four forwarders on the Power 25 list, ranked by tonnage, there was seemingly little change. DHL’s Supply Chain and Global Forwarding divisions led the field, yet again, by a wide margin, with 2.11 million tonnes of air cargo shipped during 2015. However, theRead More

Kerry bets on ‘Make in India’ to drive logistics growth

Kerry bets on ‘Make in India’ to drive logistics growth

April 15, 2016 at 5:05 pm 0 comments

Hong Kong-based Kerry Logistics entered into a memorandum of understanding to raise its stake in Chennai-based Indev Logistics Pvt. Ltd. from 30 percent to 50 percent, as it prepares to handle increased demand for logistics services from growth in ecommerce and industry, driven, in part, by the Indian government’s newRead More