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 Network
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
Kerry Logistics to build bonded logistics facility in Hainan
Kerry Logistics Network announced plans to construct a bonded warehouse in Haikou’s integrated free trade zone, as it looks to seize the opportunities presented by China’s plan to develop the province of Hainan as a major trade centre. Scheduled for completion in the first quarter of 2023, the 50,000-sqm facility will contain 10,000 sqm of cold storage and marks the first time an international 3PL will invest in a premium bonded logistics centre in the Hainan free trade port. The 3PL … [Read more...] about Kerry Logistics to build bonded logistics facility in Hainan