Kerry Logistics expands in Middle East

Asian logistics service provider, Kerry Logistics, has entered into a joint venture with Globalink Logistics, a freight forwarding group headquartered in Dubai.

According to Kerry Logistics, the move will significantly expand its coverage in Central Asia and the Commonwealth of Independent States (CIS), opening the door to potential markets with tremendous growth prospects.

The partnership will see nine countries added to Kerry Logistics’ global network. They include Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan, Georgia, Armenia, Azerbaijan and Ukraine.

Leveraging the booming trade between China and Europe thanks to the One Belt One Road initiative, Kazakhstan is particularly expected to benefit from the increasing transit cargo flow along the trade lanes.

William Ma, Group Managing Director of Kerry Logistics, said, “We are very excited about this joint venture, which is part of our development strategy to tap into the immense opportunities from the Belt and Road Initiative. The new partnership will allow the two groups to leverage each other’s competitive strengths and provide new options and cost-efficient multimodal solutions to our customers with greater flexibility and access to the strongest network in Asia.”

“While we will continue to develop an overland transportation network for road, rail and multimodal freight services from China to Central Asia and Europe, we will also build upon our expertise in project logistics within our global network to exploit new business opportunities,” added Ma.

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