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
William Ma
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 records 10% growth in H1
Kerry Logistics Network Limited (‘Kerry Logistics’ or together with its subsidiaries, the ‘Group’) announced the Group’s interim results for the six months ended 30 June 2017. William Ma, group managing director of Kerry Logistics, said, “2017 1H has been another challenging period. Global demand stalled in Q1 and our cargo volume was at a low level in January and February. Nevertheless, the temporary slowdown in Q1 reversed as the world economy gradually stabilised with cyclical … [Read more...] about Kerry Logistics records 10% growth in H1
Kerry Logistics partners with Maxim’s
Kerry Logistics Network Limited (Kerry Logistics) has secured a long-term contract with Maxim’s Caterers Ltd, Hong Kong’s leading food and beverage company. Kerry Logistics will provide integrated logistics services, including cold chain solutions, supporting the caterer’s more than 780 outlets in Hong Kong and key accounts, 365 days per year. This strategic cooperation signals the collaboration of two industry leaders in Hong Kong, and exists to serve the Hong Kong community with speedy and … [Read more...] about Kerry Logistics partners with Maxim’s
Kerry Logistics expands network through joint venture in CIS
Kerry Logistics Network Limited (‘Kerry Logistics’) continues to enhance its services and network under the ‘Belt and Road’ Initiative by entering into a joint venture through participating in the equity of Globalink Logistics DWC LLC, a freight forwarding group headquartered in Dubai with operations spanning across The Commonwealth of Independent States (‘CIS’). The move will significantly expand Kerry Logistics’ coverage in Central Asia and the CIS, opening the door to potential markets with … [Read more...] about Kerry Logistics expands network through joint venture in CIS
Kerry Logistics’ acquisitions drive growth for 7th consecutive year
Kerry Logistics Network Limited, a leading logistics service provider in Asia, today announced the Group’s annual results for 2015 with core net profit increasing by 9.0 per cent to HK$1.06 billion (US$136.65 million) on stable revenue of HK$21.08 billion. Kerry’s Integrated Logistics business saw a 13 per cent rise in segment profit to HK$1.64 billion while the group’s International Freight Forwarding business recorded a 7.0 per cent rise in segment profit to HK$361 million. “In 2015, … [Read more...] about Kerry Logistics’ acquisitions drive growth for 7th consecutive year
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