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
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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