Kerry Logistics stays bullish as profits decline in a 'tough market'
Hong Kong-headquartered 3PL Kerry Logistics Network (KLN) today was the latest freight service provider to ...
There was little need to add more flavour to the dropping CH Robinson M&A juice, but the US-based 3PL recently provided just that for investors.
And while its core trucking proposition and its “diversified, global suite of services” were promoted a fortnight ago, it boasted about “market-leading positions” not only truckload and less-than-truckload (LTL), but ocean and air too. Rightly so.
And the operational split (Tab.1 below), based on 2021 adjusted gross profit (AGP) by product, well worth a reminder…
… is likely even ...
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Alex Lennane
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