Kerry Logistics Network has started deploying 5.5-tonne electric trucks (‘e-trucks’) in Hong Kong this month as part of its green initiative to achieve net zero emissions by 2050. The introduction of the e-trucks will be a trial run as the company looks to switch to renewable energy for road transportation to reduce greenhouse gas emissions. William Ma, group managing director of Kerry Logistics Network, said the company is in the process of shifting to alternative fuel vehicles and … [Read more...] about Kerry Logistics rolls out e-trucks in Hong Kong
Kerry Logistics Network
Kerry Logistics adds air freight capacity in Asia from Macau
Kerry Logistics Network is joining forces with Malaysian cargo airline My Jet Xpress Airlines to offer air freight charter options within Asia with Macau International Airport as the main transit hub. The two first introduced the service in March of this year to provide freight capacity from Macau to East Malaysia and Indonesia for one of Kerry’s ecommerce customers, where My Jet Express achieved on-time performance of 98 percent. The cargo charter operator recently invested in two Boeing … [Read more...] about Kerry Logistics adds air freight capacity in Asia from Macau
Kerry Logistics’ net profit up 81 percent in H1
Kerry Logistics Network announced last week the Group’s interim results for the six months ended 30 June 2021. Group’s Financial Highlights Revenue increased by 68 percent year-on-year to HK$36,709 million (2020 1H: HK$21,885 million) Core operating profit increased by 70 percent to HK$2,536 million (2020 1H: HK$1,489 million) Core net profit jumped by 81 percent year-on-year to HK$1,530 million (2020 1H: HK$845 million) Profit attributable to the Shareholders for 2021 1H was … [Read more...] about Kerry Logistics’ net profit up 81 percent in H1
Kerry Logistics establishes air cargo network at HSV
Kerry Logistics Network Limited has introduced a new transpacific air freight service to connect multiple locations in Asia to the United States amidst heightened demand in a pandemic-hit air freight market. The freight integrator is partnering with Huntsville International Airport (HSV) in Alabama to launch its own air network and leverage on the Americas hub in Huntsville, with the first cargo flights originating from Hong Kong set to start this month. Dubbed Kerry freight controlled … [Read more...] about Kerry Logistics establishes air cargo network at HSV
Kerry Logistics revenue up 30 percent in 2020
Announcing the company’s 2020 results, William Ma, group managing director of the Kerry Logistics Network (KLN) Group thanked colleagues and business partners for achieving record year in terms of revenue and core net profit. This he said clearly demonstrated the logistics company’s ‘resilience and capability to evolve through the pandemic.’ Kerry Logistics recorded revenue of US$6.7 billion (HK$53.7 billion) up 30 percent over 2019, as operating income climbed 20 percent to US$420 … [Read more...] about Kerry Logistics revenue up 30 percent in 2020
Kerry Logistics opens hub to boost China’s chemical sector
Kerry Logistics Network has opened a logistics centre in China’s Hebei province as the company aims to capture the market potential in chemical logistics. The logistics centre, to be operated under Kerry IMS Chemical Logistics and will be the base in northern China, was opened and commenced operation on 8 January in the Cangzhou Lingang Economic and Technological Development Zone. Located near the Tianjin Nangang Industrial Zone, the logistics centre occupies 320,000 square feet, … [Read more...] about Kerry Logistics opens hub to boost China’s chemical sector
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