Tag: Kerry Logistics

Axis optimistc about UK growth

Axis Intermodal, the European transport equipment contract hire group, increased turnover and profits last year, and remains confident of further growth within its UK operations. Preliminary results for the year ending 31 December 2007 show turnover increased by 32 pct to GBP 12m, with pre-tax profits and share-based payment increasing to GBP 646,000, compared with GBP 601,000 in 2006.

Early indications show that the December launch of its marine containers lease business, SeaAxis, has been successful and allowed penetration into the Far East and US markets. Its UK performance was in line with expectations its contract hire fleet grew by 93 pct for the year and its customer base by 43 pct.

Axis Intermodal was established in 1995 to take advantage of the growing market for intermodal swapbodies. Its customers include DHL Exel, Geopost and Kerry Logistics.

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Kerry Logistics expanding their network to India

Following the expansion in Central Europe in September, Kerry Logistics (hereafter called “KL”) has just acquired 51% share of Reliable Freight Forwarders Pvt Ltd (hereafter called “RFF”) in India and will be renamed as “Kerry Reliable Logistics Pvt Ltd. “.

Established in 1996, RFF is an Indian-based freight forwarding company. On top of the head office located at Chennai, RFF has 5 branch offices in New Delhi, Bangalore, Mumbai, Tirupur and Tuticorin. Riding on its solid foundation, RFF offers value-adding supply chain management solutions and provides comprehensive logistics services in India, including international sea and air freight forwarding, local transportation with self-operated trucking fleets, inland container depots, container freight stations, shipping agency, contract and project logistics.

China and India have been identified by the global economists as the “Asia Power Houses” in the recent years. Kerry Logistics has already established a comprehensive Pan-China Network with 120 self-owned offices and over 100 cargo facilities in Mainland China. With the new venture in India, KL’s Asian network is further strengthened for empowering their global/regional customers to rise to the challenges of their supply chain in Asia.

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Kerry Logistics expands into Europe

Hong Kong-based Kerry Logistics Network is establishing a pan European presence with the opening of initial offices in Germany, Austria and Switzerland.

Headquartered in Hamburg, Kerry Logistics GmbH began operations in eight locations across Germany, Austria and Switzerland on September 1st.

According to Kerry’s managing director responsible for Germany and Central & Eastern Europe, Michael Dieckmann, while Kerry Logistics has a very strong heritage in China and Asia, it has also been rapidly establishing a global footprint with well established businesses in the UK, Spain and Australia.

With more than 700 operating licences in China alone, Kerry Logistics has operations in 260 cities in the Asia-Pacific region, and its global network covers six continents.

Aside from a range of China distribution centres for general cargo, specialised facilities also handle bonded cargo, dangerous goods, temperature-controlled and perishable goods plus an increasing fleet of vehicles.

According to Dieckmann, further expansion over the next two years will include other German language countries and the Czech Republic, Slovakia, Hungary and Poland.

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