This website requires Adobe's Flash Player. If you can not view this site you probably need to
update your your browser. The installation will take less than a minute
and it will be completely free of any charges. Please click the icon to download.
After the installation please reload our page.
Kerry sees improved turnover
Hong Kong-based Kerry Logistics increased its turnover to a little over US$2 billion last year, while net profit also rose year-on-year.
Growth in its Integrated Logistics (IL) division in Hong Kong and South-East Asia drove the expansion, Kerry said.
IL's strategy of focusing on serving new demand emerging from China’s shift from being just an export-led economy to a domestic, consumption-led model has paid dividends, the company noted.
Other revenue drivers were the flow of manufacturing activities into ASEAN countries and expansion of Kerry's operations in Taiwan.
The International Freight Forwarding (IFF) segment also saw strong gains – with revenue increasing by 51 percent over 2010 and net profit rising by 20 percent.
The IFF business benefited from "increasing economies of scale and a growing capability in intra-Asia and Asia - Europe trade lanes", a Kerry statement said.
Click here to register for ES/AGM 2013
Click here for Secretariat contact information.
Click here to find other industry associations & organizations, directories, government agencies and cargo news sites