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Indiaexportnews.com

Kerry Logistics expands in CIS with Globalink Logistics JV

  19.06.2017    

Hong Kong's Kerry Logistics has expanded its footprint in the Commonwealth of Independent States (CIS) region with an investment in Globalink Logistics DWC, a freight forwarding group based in Dubai with operations spanning across the CIS.
Kerry Logistics said the move would add nine countries to its network and help it capitalise on China's 'Belt and Road' initiative that aims to develop overland links between China and Europe.
The countries added to Kerry's network is: Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan, Georgia, Armenia, Azerbaijan, and Ukraine.
"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," said Kerry managing director William Ma.
The move follows Kerry Logistics' launch of its rail freight operations between China and Europe - it was the first company to complete the first westbound charter freight from Yiwu, eastern China to Madrid, Spain in August 2016; while the first UK-China eastbound freight train from London to Yiwu commenced its journey in April 2017.



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