Kerry Logistics added 2 more directors...

 Kerry Logistics has appointed two more directors namely Mathieu Renard Biron & Patrick Chea in its team. 

Mathieu Renard Biron as Managing director based out of Hongkong & Bangkok will be responsible for strategic development of group international freight forwarding division on both strategic & operational level. In earlier roles he has worked with several logistics, freight forwarding & manufacturing corporations since 1991 & last served as Geodis group regional vice president for Asia Pacific.

Patrick Chea as Executive director based out of Singapore will be responsible for developing air freight product , trade lanes & service capabilities. Earlier to this role Cheah was working with UTi & Damco as head of air freight for Asia.

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Kerry Logistics boosts network

Asia-based Kerry Logistics has bought a controlling stake in Dubai’s Able Logistics Group and a majority stake in the sea and air arms of Canada’s Total Logistics Partner (TLP). Able Logistics is an international freight forwarder with offices across UAE, Saudi Arabia, Oman and China.
Total Logistics Partner Ocean Consolidators and Total Logistics Partner Air Express are two freight forwarding companies focused on the Asia-Canada trade. The acquisition has added Montreal and Toronto to Kerry Logistics’ worldwide network.
William Ma, group managing director of Kerry Logistics said: “These two acquisitions complement our existing international freight forwarding network and marked further inroads in our international expansion. With the addition of TLP, Kerry Logistics now operates in four countries in the Americas, comprising US, Canada, Mexico and Brazil.
“The investment in Able Logistics Group forms an instrumental part of our long-term strategy to build a global network across six continents. It expands our capabilities in the Middle East and to connect globally through a round-the-clock transit hub linking Asia to Middle East, Europe and Africa.”  

Source : http://www.aircargonews.net/news/single-view/news/kerry-logistics-boosts-network.html

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China approves three new foreign courier firms

China has permitted three new overseas courier firms to offer domestic delivery services, state news agency Xinhua said on Thursday, as part of government pledges to further open up the fast-growing market.
The State Post Bureau has approved Yamato (China) Transport Co Ltd, the China unit of Yamato Holdings Co Ltd, OCS Overseas Courier Service (Shanghai) Co Ltd and Kerry Logistics Co Ltd, Xinhua said.
The government said in September it would ease restrictions on foreign couriers seeking to deliver packages nationwide.
Express parcel delivery is booming in China, thanks to a surge in e-commerce. The Chinese market, however, is highly fragmented and competition is stiff.
There are currently more than 35,000 express delivery companies operating in the country. Some can ship packages for hundreds of miles as quickly as within the same day, and for as little as 2 yuan (32 US cents), compared to the U.S. Postal Service, which on average charges at least $10 for a domestic delivery.
FedEx Corp and United Parcel Service Inc already operate express parcel delivery services in China.

Source : http://www.reuters.com/article/2015/01/01/china-freight-idUSL3N0UG0U420150101

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