Kerry profits soar

Kerry Logistics Network said its revenue increased by 30% to HK$53,361 million in 2020. Core operating profit increased by 20% to HK$3,320 million while core net profit increased by 33% to HK$1,828 million. Profit attributable to the Shareholders for 2020 was HK$2,896 million which, excluding the gain from disposal of two warehouses in Hong Kong in 2019, is a year-on-year growth of 58%. [+]

Kerry Logistics opens chemical site

Kerry Logistics Network has opened a chemical logistics centre in the Cangzhou Lingang Economic and Technological Development Zone in Hebei province. Located close to the Tianjin Nangang Industrial Zone, it has a total area of 320,000 sq ft, comprising Class A warehouse, Class B warehouse, as well as office facilities, ... [+]

Multimodal to Mongolia

Kerry Logistics Network has launched a multimodal service to Mongolia, through its member Globalink Logistics. It includes road-rail and sea-rail freight for dry and temperature-controlled cargoes between Europe, North America and the landlocked country via the Freeport of Riga, Latvia in the Baltics, where Globalink has opened a consolidation hub. ... [+]

Kerry to open duty free zone

Kerry Logistics Network is to develop a bonded logistics centre in the Haikou Integrated Free Trade Zone in Hainan Free Trade Port in China. The 50,000sq m facility, expected to be complete in early 2023, will include 10,000sq m of cold storage. In the future, imported goods bought by Hainan ... [+]

Kerry gains green award

Freight forwarder Kerry Logistics Network received a Corporate Green Governance Award at the Hong Kong Green Awards 2020 Inaugurated in 2010, the Awards are organised and presented annually by the Green Council to acknowledge companies with exceptional performance and achievements in green procurement, green management, environmental, health and safety management ... [+]

Kerry takes Hong Kong crown

Kerry Logistics Network has been crowned winner of the Chartered Institute of Logistics and Transport in Hong Kong’s Enterprise Award for its outstanding service. Organised biennially by the CILTHK to recognise professional excellence and promote the best practice of transport and logistics, the Award is made by a five-member judging panel, ... [+]

Strong first half for Kerry Logistics

Hong Kong-based Kerry Logistics Network’s revenue increased by 10% year-on-year to HK$21,885 million in its interim results for the six months ended 30 June 2020. Core operating profit increased 2% to HK$1,489 million while core net profit jumped by 26% year-on-year to HK$845 million. The company said that while the ... [+]

Kerry sustains food charities

Kerry Logistics Network has supported two food charities in setting up delivery networks across Manchester, home of its UK headquarters. The Kerry Logistics UK team delivered groceries and ready meals for Open Kitchen MCR and The Bread and Butter Thing free of charge at the beginning of the pandemic, and ... [+]

Kerry sets up Sri Lanka joint venture

Kerry Logistics Network has set up a new joint venture in Sri Lanka. Kerry Logistics Lanka is headquartered in Colombo and also has a bonded facility and export office for at Bandaranaike International Airport. Services offered include air and ocean freight, customs brokerage, inland trucking, multi-country consolidation, project cargo, warehousing, ... [+]

A very supportive freight firm

Kerry Logistics Network has donated its services to deliver 5,000 pairs of compression socks, from Glasgow-based online travel retailer Trtl to frontline health professionals across Scotland. Kerry Logistics distributed the socks to National Health Service (NHS) hospitals in Glasgow, Aberdeen, Edinburgh, and Dundee last week, with 5,000 more planned for delivery ... [+]

[aas_zone zone_id="13529"]