News / Kerry Logistics acquires US forwarder and transpacific specialist Apex Maritime

Hong Kong-based 3PL Kerry Logistics Network has acquired US-based freight forwarder Apex Maritime, a specialist in the transpacific trade.

It says the move is part of a strategy to expand its international network of freight forwarding operations.

The deal has been in the making for a number of months, following a Kerry announcement to investors that it was in discussions to buy an unnamed US freight forwarder last year.

San Francisco-headquartered Apex booked just over 270,000 teu in 2015, making it the third largest non-vessel operating ...