Kerry Logistics hatching plan to enter ‘chaotic’ China courier market

© Khunaspix Dreamstime.

Kerry Logistics is to move into regional express deliveries and has secured a number of Chinese courier licences ? “a tedious process”, according to the company. During the next six months it will start pilot projects in the major cities of Shanghai, Beijing, Shenzhen and Guangzhou. The news came on the back of its results announcement, which revealed a 10% growth in profits for 2014, on revenues of $2.7bn. This article comes courtesy of JOC ? if you are unable ...