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IATA partner completes drone test flight programme
FARNBOROUGH, UK: July 17, 2018. Drone manufacturer...

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Hactl becomes first to complete IATA SFOC
HONG KONG: July 17, 2018. Hong Kong Air Cargo Term...

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Freightos and Lufthansa launch rate platform
LONDON: July 17, 2018. Lufthansa Cargo and Freight...

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Antonov building on 2017 growth
LONDON: July 17, 2018. Having recorded an 81 perce...

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Delta and Korean Air begin trans-Pacific cargo collaboration
ATLANTA: July 17, 2018. Delta Air Lines Cargo and ...

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Southwest begins international cargo service to Mexico
HOUSTON, TX: July 16, 2018. Southwest Airlines Car...

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Volga-Dnepr to order 34 new widebody freighters
FARNBOROUGH, UK: July 17, 2018. Volga-Dnepr Group ...

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APL Logistics joins Blockchain in Transport Alliance
SINGAPORE, July 16, 2018. APL Logistics has joined...

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IoT platform to monitor pharma shipments in flight
FARNBOROUGH, UK: July 16, 2018. AirBridgeCargo Air...

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IATA partner completes drone test flight programme
Hactl becomes first to complete IATA SFOC
Freightos and Lufthansa launch rate platform
Antonov building on 2017 growth
Delta and Korean Air begin trans-Pacific cargo collaboration...
Southwest begins international cargo service to Mexico
Volga-Dnepr to order 34 new widebody freighters ...
APL Logistics joins Blockchain in Transport Alliance
IoT platform to monitor pharma shipments in flight...

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HONG KONG: June 01, 2016. Kerry Logistics has completed its acquisition of a majority stake in San Francisco-based Apex Maritime (APEX).

APEX was founded in 1990 and was one of the top three NVOCCs last year according to Datamyne Asia - U.S. import volumes. With over 20 years of experience in the industry, APEX specializes in trans-Pacific trade lanes and handled over 270,000 TEUs last year.

APEX SFOThe acquisition is part of Kerry Logistics’ long-term international freight forwarding strategy to expand its sales network and coverage worldwide.

William Ma, group managing director of Kerry Logistics said: “The acquisition of APEX is a major leap forward in our global expansion plan. The Asia-U.S. trade plays an important role in our [international forwarding] growth strategy and APEX will form an important business arm that further strengthens our global network, enabling us to tap into new opportunities from trans-Pacific trades.

“It will also bring mutual benefits to both companies, with enriched service offerings and extensive marketing network in the U.S. to Kerry Logistics’ customers as well as strong Pan-Asia logistics support to APEX’s customers.”

Vic Cheung, CEO and president of APEX added: “The APEX team is excited to join the Kerry Logistics family. We are ready to take full advantage in realising vast cross-selling opportunities from the integration. Our customers will gain global scale and best practices in supply chain management, while maintaining their relationship with the same team that has served them for years. We are enthusiastic to grow with Kerry Logistics from now on.”

William Ma continued: “In APEX, we are partnering with a team that has been meticulously built over the last two decades and shares the same vision of becoming a global partner of our customers. Integration is already underway. I look forward to working closely with APEX’s management team as we execute our global development plan.”

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