Subscribe to our free, weekly email newsletter!


3PL News: Kerry Logistics expands presence in Vietnam

By Jeff Berman, Group News Editor
September 08, 2011

Global third-party logistics (3PL) services provider Kerry Logistics has expanded its presence in Vietnam with the opening of a new 10,000 square-meter (30,000 square-feet), Hanoi-based facility.

Entitled the Kerry (Hung Yen) Logistics Center, company officials said this facility, which is located between Hanoi and the port city of Haiphong and provide direct ocean access to international markets, will begin operations in November. This new facility will serve shippers in the electronics, hi-tech, fashion, garments, food and beverage, and industrial sectors.

“We have invested in developing a national logistics network in Vietnam during the last few years and the new Hanoi facility completes our coverage of the key industrial areas in North, South and Central Vietnam,” said Robert Tan, Managing Director, South Asia.

A major driver for this new facility, according to Kerry, was increased demand from customers in Vietnam in recent years, adding that this new facility completes the company’s coverage of key industrial areas in North, South, and Central Vietnam. And it also has direct highway access to Hanoi’s Noi Bai International Airport and close to Hai Duong Inland Container Depot.

A company spokesperson told LM that Kerry had planned for this facility since last year, with construction expected to be completed during the third quarter.

“Our target is to serve as many customers as possible and to achieve economy of scales,” said the spokesperson. “We will arrange about 30 staff to station at the facility. More manpower is expected if the cargo volume increases and more VAS are requested by customers.”

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

The Department of Transportation’s Bureau of Transportation Logistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in December 2014 was up 5.4 percent annually at $95.8 billion. This marks the 11th straight month of annual increases, according to BTS officials.

While the volume decline was steep, there was numerous reasons behind it, including terminal congestion, protracted contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union, and other supply chain-related issues, according to POLA officials.

Truckload rates for the month of January, which measures truckload linehaul rates paid during the month, saw a 7.9 percent annual hike, and intermodal rates dropped 0.3 percent compared to January 2014, which the report pointed out marks the first annual intermodal pricing decline since December 2013.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA