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Tag: Kerry Logistics

  • Kerry Logistics receives “Most Honored Companies” accolade from Institutional Investor for the fifth

    Kerry Logistics receives “Most Honored Companies” accolade from Institutional Investor for the fifth

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has received the “Most Honored Companies” accolade in Institutional Investor’sannual All-Asia Executive Team ranking for the fifth year running, in addition to placing in the top three in six categories under the Transportation sector.

    Among the 41 companies in the sector, Kerry Logistics and its key executives ranked in the top three in the following categories, based on votes from buy-side analysts, money managers, and sell-side researchers at securities firms and financial institutions across the globe:

    ·      Most Honored Company

    ·      Best CEO – William Ma

    ·      Best CFO – Ellis Cheng

    ·      Best Investor Relations Professional – Iris Tsang

    ·      Best Investor Relations Team

    ·      Best Investor Relations Program

    ·      Best ESG SRI Metrics

    William Ma, Group Managing Director of Kerry Logistics, said, “We are delighted to be honored again for our dedicated efforts in maintaining a proactive investor relations strategy. As the global pandemic brings disruptions and uncertainties to our everyday lives, we believe it is more important than ever for us to provide transparency and support bilateral communication with the investor community. We place high priority in keeping our shareholders and investors abreast of Kerry Logistics’ latest corporate development, as well as our resilience and adaptability to changing conditions. Once again, we would like to thank Institutional Investor for the recognition and reaffirm our commitment to upholding global standards and adopting international best practices in investor relations.”

    Kerry Logistics has been named one of the “Most Honored Companies” since 2016. The 2020 All-Asia Executive Team ranking was based on the votes from 1,921 portfolio managers and buy-side analysts, and 611 sell-side analysts. For the Best Investor Relations Program category, companies were evaluated on nine performance attributes, namely, accessibility, strategy, IR team is well informed, the productivity of NDR/conferences/calls, responsiveness, business & market knowledge, consistency & granularity, ESG information and timeliness.

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  • Kerry Logistics forms new joint venture in Sri Lanka

    Kerry Logistics forms new joint venture in Sri Lanka

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) announced a new joint venture, Kerry Logistics Lanka (Pvt) Ltd (‘Kerry Lanka’), formed with IAS Holdings (Pvt) Ltd in Sri Lanka to strengthen its international freight forwarding (‘IFF’) capabilities in South Asia.

    Headquartered in Colombo, Sri Lanka, Kerry Lanka sits at the strategic crossroads of East Asia, South and South East Asia, Africa and Europe. As part of Kerry Logistics’ South Asia operation, Kerry Lanka operates an office in Colombo, as well as a bonded facility and office for export purposes at the Bandaranaike International Airport.

    In 2019, 46% of the total export of Sri Lanka derived from the textiles and garments industry, amounting to US$5.6 billion, according to the Central Bank of Sri Lanka’s external sector performance review. There are more than 300 apparel manufacturers in Sri Lanka, which are well connected to the super brands in Europe and the US. Kerry Logistics’ expansion to Sri Lanka will enable it to tap into the opportunities therein by offering a suite of services consisting of air and ocean freight, customs brokerage, inland trucking, multi-country consolidation, project cargo, warehousing and value-added services such as pick/pack, purchase order management, quality control, packaging and labelling, garment-on-hangers and entrepôt services.

    Patrick Cheah, Executive Director – Global Air of Kerry Logistics, said, “Located in Sri Lanka, the intersection of freight routes in South Asia, Kerry Lanka will become a significant hub for Kerry Logistics and give a strong boost to our global connectivity. Plans are also in place to aggressively focus on the upstream of the supply chain to support the fashion industry vertical. The forming of the joint venture also marks the deepening of our presence in the South Asian subcontinent, rounding out our full suite of services in the region.”

    In addition to Kerry Indev Logistics in India, Kerry Logistics has also established a subsidiary in Pakistan in 2018 to extend its footprint in the Indian subcontinent.

  • Kerry Logistics expands its coffee business into Taiwan

    Kerry Logistics expands its coffee business into Taiwan

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) announced the expansion of its coffee trading business into Taiwan, as the sole distributor of Italian coffee group illycaffè’s complete product range in Taiwan. The move marks Kerry Logistics’ extension of its footprint into a society with a rich coffee culture.

    Kerry Logistics, through its sub-brand Kerry Coffee, is now the sole distributor of illycaffè’s iperEspresso coffee machines, capsules, coffee beans and other coffee-making equipment and accessories in Hong Kong, Macau and Taiwan.

    Kerry Coffee was established in 2019 for the trading and distribution of illycaffè’s products in Hong Kong and Macau. It was a progression of the partnership between Kerry Logistics and illycaffè that began in 2017 to provide total integrated logistics solutions for illycaffè and act as the sole distributor of iperEspresso coffee machines and capsules in Hong Kong.

    Robert Berger, Executive Director of Kerry Coffee (Hong Kong), said, “We are delighted to take our collaboration with illycaffè further and into a society that appreciates the finer points of coffee. Taiwan has a deep-rooted and booming coffee culture. So we are optimistic in deepening Taiwan’s love of coffee by bringing the unique Italian coffee culture and flavour embodied by illycaffè there. This expansion is a substantial increase in presence for the illy brand, complementing Kerry Coffee’s existing operation in Hong Kong and Macau and strengthening its position in the coffee market.”

    illycaffè is one of the world’s most global coffee brands. As its sole distributor in Hong Kong, Macau and Taiwan, Kerry Coffee is responsible for providing total logistics solutions, sales and marketing to its entire product selection.

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  • Kerry Logistics a five-time winner at the Quamnet awards

    Kerry Logistics a five-time winner at the Quamnet awards

    Kerry Logistics Network Limited was a proud winner at the Quamnet Outstanding Enterprise Awards (‘QOEA’) 2019 for the fifth consecutive year, clinching the Outstanding Global 3PL title for the third year running.

    Presented in Hong Kong last night by leading Hong Kong financial news platform Quamnet, the title secured Kerry Logistics’ reputation as a global 3PL with expanding worldwide presence.

    With the QOEA, Kerry Logistics was commended for its distinction in products and services, brand

    reputation, philosophy of operation, marketing strategies, sustainable development strategies, accomplishments, corporate social responsibility and unique business philosophy or development.

    Alex Ng, Executive Director of Kerry Logistics, said: “We are grateful to Quamnet for its recognition of our constant dedication to excellence. To receive the Outstanding Global 3PL title for the third time is a great encouragement as we extend our international footprint across diverse regions.

    “We will continue to enhance our service capabilities while growing our geographical coverage in order to accommodate the changing needs of our customers around the world.”

    Organised annually, the QOEA is judged by a committee made up of the Quamnet editorial team, the Quam research team and independent financial analysts to identify and compliment the remarkable performance of Hong Kong enterprises.

    Prior to winning the Outstanding Global 3PL title in 2017 and 2018, Kerry Logistics was named Outstanding Global Logistics Network and Outstanding Logistics Solution Provider in 2015 and 2016, respectively.

    Kerry Logistics has recently deepened its reach in the Middle East by setting up a new office in Bahrain and opening a new bonded logistics facility in Dubai, in addition to acquiring a majority interest in Turkey’s Asav Lojistik Hizmetleri Anonim Sirketi to further the expansion of its global network and strengthen its international freight forwarding capabilities.

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  • Kerry Logistics secures accolades at the Asset ESG Awards

    Kerry Logistics secures accolades at the Asset ESG Awards

    Kerry Logistics Network Limited has for the second consecutive year secured the Platinum Award, the highest honour of The Asset ESG Corporate Awards (the ‘Awards’, formerly known as The Asset Corporate Awards), as well as the Best Investor Relations Team Award for the first time.

    Kerry Logistics won the Platinum Award for its laudable efforts in achieving corporate sustainability, with strong management acumen and stringent governance reflected in its financial performance.

    It also received the Best Investor Relations Team Award in recognition of its investor relations team in new initiatives launched, facilitating outreach and enhancing communication with investors and analysts.

    William Ma, Group Managing Director of Kerry Logistics, said: “We are grateful to The Asset for acknowledging Kerry Logistics’ dedication to the environment, to social responsibilities and to upholding the highest standard of corporate governance. To be included among our distinguished peers for the second year running is a testament to our continued efforts.

    “We are also encouraged by the appreciation on the efforts of our investor relations team. In the face of a changing economic and business environment, we will keep maintaining transparency and active communication with our investors while creating value for our stakeholders.”

    Inaugurated in 2000, the Awards are the longest-running and the most prestigious ESG awards program in Asia. Organized by the regional financial magazine The Asset, the Awards are assessed according to financial performance, management, corporate governance, social and environmental responsibility and investor relations.

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  • Kerry Logistics wins Junzi Corporation Award

    Kerry Logistics wins Junzi Corporation Award

    Kerry Logistics Network Limited is honoured to receive for the first time the Junzi Corporation Award (the ‘Award’) presented by the Hang Seng University of Hong Kong (‘HSUHK’), which recognises Kerry Logistics’ resolute adherence to the highest standards of business ethics.

    Kerry Logistics also collected the iMoney Corporate Governance Award, jointly conferred by HSUHK and Hong Kong financial publication iMoney.

    Organised for the ninth year, the Award acknowledges corporations that value business ethics and “Junzi’s Five Virtues” – Benevolence, Rightness, Propriety, Wisdom and Trustworthiness – based on Confucian concept, as well as Western ethical theories of business that emphasise integrity and fairness.

    The iMoney Corporate Governance Award is the accolade given by one of the media partners of the Award to winners.

    William Ma, Group Managing Director of Kerry Logistics, said: “We are delighted by the honour HSUHK has granted us. We always strictly abide by the highest ethical code in all of our operations.

    “We will continue to engage in socially responsible practices and contribute to the welfare of the societies in which we operate as a global enterprise.”

    Kerry Logistics operates its business with integrity, transparency and accountability, and has committed itself to serving the community by leveraging its talents, resources and networks. Its community involvement focus demonstrates its care towards the youth, the underprivileged and the environment.

    To raise awareness and identify opportunities for improvement, Kerry Logistics has established and implemented environmental management systems accredited to the ISO14001 standard, and supported community initiatives run by different charitable organisations.

  • Kerry Logistics wins two awards in Singapore

    Kerry Logistics wins two awards in Singapore

    Kerry Logistics has won the titles of “Asia Pacific Logistics Service Provider of the Year” and “Asia Pacific Road Freight Service Provider of the Year” at the 2019 Frost & Sullivan Asia Pacific Best Practices Awards (the ‘Awards’), presented in Singapore. This marked the third consecutive year that Kerry Logistics has been honoured by the Awards.

    Organised annually by global business consulting firm Frost & Sullivan, the Awards recognise best-in-class companies in the Asia Pacific and identify outstanding businesses in the automotive, energy, building & environment, healthcare, information communication technologies and logistics sectors.

    Award recipients were chosen using rigorous measurements based on actual market performance indicators such as revenue growth, market share and its growth, strong capability in leading new product introduction and innovation, breadth of products and solution offering, new major customer acquisition and business strategy.

    William Ma, Group Managing Director of Kerry Logistics, said: “We are delighted to receive the recognition again and are thankful to Frost & Sullivan for acknowledging our determination in always making our best efforts. The global supply chain is currently undergoing transformative changes, the role in which the logistics industry plays is more important than ever. At Kerry Logistics, we will continue to adhere to industry best practices to facilitate the shifts and enable our customers to swiftly adapt to the adjustments in the supply chain.”

    Sustained by its expanding global network and diverse range of businesses, Kerry Logistics is well-equipped to capitalise on a fast-changing logistics environment. It will maintain its resilient position by further enhancing its service capabilities, expanding its network presence and enlarging its business scale.

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  • Kerry Logistics’ online tool gives UK customerseasy access to Authorised Economic Operator status

    Kerry Logistics’ online tool gives UK customerseasy access to Authorised Economic Operator status

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) is supporting customers gain Authorised Economic Operator (AEO) status, which gives access to Customs benefits, including inland clearance of goods, rather than at the border, with an online tool.

    AEO accredited companies are subject to fewer physical inspections and document checks by Customs, and have priority status in times of heightened security, or in case of a strike, or any other disturbance, with benefits extending to tax and Value Added Tax (VAT) payments.

    “As and when tariffs for European Union (EU) trade are introduced, then having fast-tracked Inward and Outwards Processing Relief (IPR/OPR) authority will be important to avoid duty payments,” said Emma Rowlands, Strategic Sales Director, Kerry Logistics UK.

    “AEO is now advocated by the World Customs Organisation (WCO), EU, and the UK as the standard route for access to Customs benefits.

    “These benefits could be vital in whatever Customs arrangements develop out of Brexit.”

    The AEO “Trusted Trader” accreditation will be strongly beneficial for all EU businesses by 2022.

    AEO creates competitive advantage by enabling a company to answer tenders from international companies with an AEO specification and gives effective management of, and reduction in, the risk of theft, counterfeiting, contamination, or grey market shipments.

    “It represents the most meaningful solution, in that goods could be cleared at secure warehouses in NI and Ireland rather than at the border, ensuring a smooth transition,” said Rowlands.

    AEO accreditation involves a potentially lengthy application process depending on the complexity of the organization.

    Kerry Logistics customers can use an online tool to simplify the process so that the AEO questionnaire can be completed in a structured manner, with guidance notes, which are accessed through a series of “pop-ups” that appear with each question.

    Upon completion, customers instantly receive an Executive Summary with a Red, Amber, Green (RAG) rating, highlighting potential areas of non-compliance prior to submission.

    Following the summary customers also receive a detailed report highlighting the RAG rating for each answer and giving guidance on how to improve performance and increase the chances of being compliant.

    Once the risk areas have been mitigated, the C117 and C118 forms can be automatically populated at the press of a button and submitted in an electronic format to the United Kingdom’s HM Revenue & Customs (HMRC).

  • Kerry Logistics appoints John Parkes

    Kerry Logistics appoints John Parkes

    Kerry Logistics Network Limited ‘Kerry Logistics’ has appointed John Parkes as its Managing Director – Integrated Logistics, with effect immediately. Based in Hong Kong, Parkes will oversee the overall management of Kerry Logistics’ global integrated logistics (‘IL’) business

    An industry veteran, Parkes has over 35 years of experience in the transportation and logistics industry. With a specific focus on the Asia Pacific region, he has held operational leadership positions in major logistics businesses, specializing in multi-country business development and management, M&A and global account management. Prior to joining Kerry Logistics, he was the Executive Director – Head of Hong Kong/Taiwan and Global Business Development of LF Logistics.

    Commenting on Parkes’s appointment, William Ma, Group Managing Director of Kerry Logistics, said, “We are delighted to have John on board to lead our IL division, which forms a major part of our business. John’s in-depth knowledge and on-the-ground experience in the logistics industry and global supply chains make him an excellent captain to steer our course in these challenging times of accelerated supply chain shifts. With his insights and expertise, we can make great strides in our global IL business.”

    Parkes said, “I am honoured to have the opportunity to lead such an effective and multifaceted team to build on existing relationships and explore new horizons. As the logistics industry undergoes rapid change in the face of new demands and technological advances, I look forward to giving my best to reinforce Kerry Logistics’ position and grow its business through formulating sustainable strategies and devising innovative solutions that cater to our customers’ needs and accommodate emerging trends.”

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  • Kerry Logistics Forms Joint Venture with Spain’s National Postal Service Correos

    Kerry Logistics Forms Joint Venture with Spain’s National Postal Service Correos

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) is set to capitalise on the growing potential of China’s e-commerce exports by joining hands with Spain’s national postal service Sociedad Estatal de Correos y Telégrafos, S.A. (‘Correos’) to establish a joint venture (‘JV’) to provide end-to-end cross-border e-commerce solutions from China to worldwide destinations, in which Kerry Logistics holds a majority interest.

    Leveraging Kerry Logistics’ broad experience in origin sortation, line haul and Customs clearance, and Correos’ years of expertise in the postal services, the JV aims to bring service experience to the next level for customers including marketplaces and e-tailers.

    Cross-border e-commerce exports from China recorded a 67% year-on-year increase in 2018, amounting to RMB56.12 billion, according to China’s General Administration of Customs.

    To fulfil an increasing emphasis on e-commerce parcel security and compliance, a world-class sortation centre will be set up in Southern China under the new JV, equipped with an automated sorting system and stringent parcel screening and security controls to ensure speedy parcel handling and full compliance. The facility, targeting to open in 2019 Q4, will occupy an area of over 200,000 sq ft and have a sorting capacity of 500,000 parcels per day.

    William Ma, Group Managing Director of Kerry Logistics, said, “The JV combines the diverse capabilities of its two partners, each complementing the other to refine the process of e-commerce parcels handling and deliveries. As China’s cross-border e-commerce exports grow, we are determined to prepare ourselves for seizing emerging opportunities. Utilising our deep understanding of customers’ needs both in China and abroad, Kerry Logistics is confident in meeting the rapidly growing international demands through working closely with Correos.”

    Juan Manuel Serrano Quintana, President of the Board of Directors of Correos, said, “The new partnership with Kerry Logistics presents a unique opportunity for Correos to capture the outbound e-commerce parcel deliveries from China, which is the largest trade and economic partner for Spain in Asia. It also offers a way forward for Correos to create a sustainable business model to meet the growing demand in the booming e-commerce business and the ever-changing customer needs.”

    The fast-changing logistics landscape in China called for innovation and flexibility in order to capture and serve new and emerging business models and brands. Kerry Logistics will continue to broaden and deepen its reach in China selectively.

  • Kerry Logistics Extends into Coffee Trading and Distribution

    Kerry Logistics Extends into Coffee Trading and Distribution

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) announced the establishment of Kerry Coffee (Hong Kong) Limited (‘Kerry Coffee’) to extend its business into the trading of coffee and related products, as well as to further deepen its partnership with Italian coffee group illycaffè.

    Kerry Coffee will be the sole distributor of illycaffè’s complete product range in Hong Kong and Macau, including the iperEspresso coffee machines, capsules, coffee beans, and other coffee-making equipment and accessories.

    Kerry Logistics has been enjoying a partnership with illycaffè since 2017, providing total integrated logistics solutions for illycaffè and acting as the sole distributor of iperEspresso coffee machines and capsules in Hong Kong.

    The launch of Kerry Coffee will consolidate illycaffè’s entire product selection under one operator in Hong Kong to facilitate brand building and market penetration.

    It will also mark the expansion of Kerry Logistics’ food services business to capitalise on the growing coffee culture in the territory.

    Robert Berger, Executive Director – Fashion & Lifestyle of Kerry Logistics (Hong Kong), said, “We are thrilled to take our collaboration with illycaffè a step further.

    “The establishment of Kerry Coffee and the consolidation of illycaffè’s full product range under the new company will enhance the cost-efficiency of the sales and distribution operation, and enable illycaffè to increase its market share and brand recognition in Hong Kong and Macau.

    “The development also enriches Kerry Logistics’ food services business and allows greater product diversification to serve HORECA and club customers in Hong Kong and Macau.”

    Embodying the distinctive coffee culture in Italy, illycaffè is one of the world’s most global coffee brands.

    Kerry Coffee will provide total logistics solutions, sales, and marketing to ride on the flourishing coffee culture in Hong Kong and Macau, solidify the market position of the illy brand and establish Kerry Coffee as a major player in the coffee market.

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  • Kerry Logistics Appoints Martin Stoekenbroek as MD for EMEA

    Kerry Logistics Appoints Martin Stoekenbroek as MD for EMEA

    Kerry Logistics Network Limited has appointed Martin Stoekenbroek as its new Managing Director – Europe, Middle East, and Africa (EMEA) with effect immediately.

    Based in Amsterdam, The Netherlands, Stoekenbroek will lead Kerry Logistics’ international freight forwarding business in the EMEA region and be in charge of its strategic development, focusing particularly on strengthening Kerry Logistics’ foothold and business portfolio.

    With over 30 years of extensive experience in the industry specializing in EMEA and global roles, Stoekenbroek brings a wealth of supply chain knowledge, insights, and expertise to Kerry Logistics.

    He was the Senior Vice President Global Air Freight of Geodis prior to this appointment and has previously worked for top industry players including Wilson Logistics and TNT Freight Management.

    Mathieu Biron, Managing Director – Global Freight Forwarding of Kerry Logistics, said: “We warmly welcome Martin to our team.

    “Having built his career in logistics within the EMEA region for decades, Martin possesses an in-depth knowledge of our business in the region and a thorough understanding of the changing conditions of our industry.

    “He will be a vital part of our ongoing global expansion, providing visionary guidance as we realize our long-term strategy.”

    Commenting on his new appointment, Stoekenbroek said: “Kerry Logistics has been going from strength to strength through its worldwide expansion.

    “I am honoured to have the opportunity to apply my knowledge and experience to lead a strong team and help to propel the Group’s further development in the EMEA region.

    “At a time when the global supply chain is in flux, I look forward to contributing to Kerry Logistics’ progress and overcoming challenges to reinforce its position as a leading logistics partner connecting EMEA to the rest of the world.”

  • Kerry Logistics Expands Food Cold Chain Business in China

    Kerry Logistics Expands Food Cold Chain Business in China

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has expanded its food-related cold chain capability in mainland China through the establishment of Kerry Cold Chain Solution Ltd (‘Kerry Cold Chain’), to tap into the fast-growing domestic market of niche food products.

    Kerry Cold Chain is a joint venture company formed with Shanghai Zhizhen Logistics Co Ltd (‘Zhizhen Logistics’) in which Kerry Logistics holds the majority interest. It provides comprehensive integrated cold chain logistics solutions from upstream to downstream. 

    Using self-owned cold chain facilities and partnering with local expertise, Kerry Cold Chain will handle a wide range of food products, from raw ingredients to dairy product additives.

    Edwardo Erni, Managing Director – China and North Asia of Kerry Logistics, said, “The market for food-related cold chain logistics in mainland China is immense with enormous growth potential. There is also ample room for technological growth to reach international standards.

    “Intending to fill a gap in the market, we welcome the collaboration with Zhizhen Logistics, which marks an important strategic step for Kerry Logistics to extend its footprint in the domestic cold chain logistics market, enhancing our service offerings and competitiveness.”

    Kerry Cold Chain currently operates more than 1 million sq ft of ambient and cold chain facilities in China, including a temperature-controlled facility of over 50,000 sq ft in Shanghai featuring automated storage and retrieval systems.

    Founded in 2008, Zhizhen Logistics serves the logistics needs of both domestic and international customers from locations across China including Beijing, Tianjin, Wuhan, Guangzhou, and Shenzhen. It commands a 90% market share for imported food essences in the Shanghai region.

    With a wealth of experience in cold chain logistics, Kerry Logistics offers seamless F&B solutions with complete cold chain integrity to food chain stores and restaurants in Hong Kong as well as hypermarkets and frozen food retailers in Taiwan.

    The Group also runs cold chain facilities of 70,000 sq ft in Oceania, serving supermarket chains, convenience stores, independent retailers, and food importers.

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  • Kerry Logistics Appoints Martin Stoekenbroek as MD for EMEA

    Kerry Logistics Appoints Martin Stoekenbroek as MD for EMEA

    Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has appointed Martin Stoekenbroek as its new Managing Director – Europe, Middle East, and Africa (EMEA) with effect immediately.

    Based in Amsterdam, The Netherlands, Stoekenbroek will lead Kerry Logistics’ international freight forwarding business in the EMEA region and be in charge of its strategic development, focusing particularly on strengthening Kerry Logistics’ foothold and business portfolio.

    With over 30 years of extensive experience in the industry specialising in EMEA and global roles, Stoekenbroek brings a wealth of supply chain knowledge, insights, and expertise to Kerry Logistics.

    He was the Senior Vice President Global Air Freight of Geodis prior to this appointment, and has previously worked for top industry players including Wilson Logistics and TNT Freight Management.

    Mathieu Biron, Managing Director – Global Freight Forwarding of Kerry Logistics, said: “We warmly welcome Martin to our team.

    “Having built his career in logistics within the EMEA region for decades, Martin possesses an in-depth knowledge of our business in the region and a thorough understanding of the changing conditions of our industry.

    “He will be a vital part of our ongoing global expansion, providing visionary guidance as we realise our long-term strategy.”

    Commenting on his new appointment, Stoekenbroek said: “Kerry Logistics has been going from strength to strength through its worldwide expansion.

    “I am honoured to have the opportunity to apply my knowledge and experience to lead a strong team and help to propel the Group’s further development in the EMEA region.

    “At a time when the global supply chain is in flux, I look forward to contributing to Kerry Logistics’ progress and overcoming challenges to reinforce its position as a leading logistics partner connecting EMEA to the rest of the world.”

  • Kerry Logistics expands e-commerce fulfilment through E-Services Group JV

    Kerry Logistics expands e-commerce fulfilment through E-Services Group JV

    Hong Kong-based Kerry Logistics is expanding its e-commerce fulfillment capabilities through a joint venture with Asian e-commerce specialist E-Services Group. Their joint venture, Kerry ESG (HK) Company Limited, will combine Kerry Logistics’ global supply chain capabilities with ESG’s technology platform, global marketplace networks, and e-commerce expertise to offer etailers cost-efficient solutions internationally.

    ESG, founded in 2002, claims to be ‘the leading international end-to-end e-commerce company in Asia’, headquartered in Hong Kong, with offices in China, Singapore, and Taiwan. As the strategic partner to over 20+ leading global marketplaces such as Rakuten, JD.id, and Cdiscount, ESG not only enables its 28,000+ etailers to grow their businesses internationally through marketplaces, but also supports them with comprehensive shipping solutions.

    Kerry ESG, set to debut in March 2019, aims to become one of the leaders in global e-commerce fulfillment solutions, enabling etailers to deliver products to customers anywhere in the world quickly and cost-effectively. Through direct integration with leading shopping carts and global marketplaces, etailers using Kerry ESG’s services will be able to seamlessly manage their order fulfillment, inventory, and returns to and from multiple logistics centres through one platform.

    William Ma, Group Managing Director of Kerry Logistics, said: “We are thrilled about the growth opportunities in global e-commerce. With Kerry ESG, we are creating a unique platform with total solutions from upstream marketing to downstream logistics that will capitalise on the booming international marketplace model to facilitate the exports for our international brand customers. Combining forces as industry leaders, Kerry Logistics and ESG are well-positioned to unlock the potential in the market with this new joint venture.”

    Alan Lim, Founder and CEO of ESG, added: “Winning at e-commerce means getting every piece of the puzzle right, and fast, reliable fulfillment is a critical component of success. This partnership gives etailers access to an extensive distribution network to support e-commerce fulfillment in every market and with every online channel. With Kerry Logistics we have found a great partner, whose capabilities complement ours and whose culture and vision matches that of our team. I am excited about how we can grow this business together.”

    Kerry Logistics said it has identified cross-border e-commerce, particularly between Greater China and ASEAN, as a major growth sector which plays to its strengths. The new partnership with ESG, which is the official partner of leading marketplaces including JD.id, Rakuten, and Newegg.com, will play a pivotal role in strengthening the foothold that the two companies have in this area.

    Kerry Logistics has a network covering 53 countries and territories, and is managing 53 million sq ft of land and logistics facilities worldwide.

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