Kerry Logistics expands its footprint in Canada

HONG KONG – Kerry Logistics Network Limited has acquired majority stakes in Total Logistics Partner Ocean Consolidators Inc. and Total Logistics Partner Air Express Inc., two Canadian freight forwarding companies focused on the Asia-Canada trade.

The acquisition has added Montreal and Toronto to Kerry Logistics’ worldwide network.

In addition, the Asia-based logistics service provider in Asia, acquired a controlling stake in Able Logistics Group, an established international freight forwarder headquartered in Dubai with a regional leading position and offices across UAE, Saudi Arabia, Oman and China.

William Ma, group managing director of Kerry Logistics said the acquisitions complement the company’s existing international freight forwarding network and marked further inroads in its international expansion.

“With the addition of TLP, Kerry Logistics now operates in four countries in the Americas, comprising USA, Canada, Mexico and Brazil,” he said.

Lois Krupka, president of TLP said, “TLP is proud to be part of Kerry Logistics. Our joint customer-focused approach will be greatly enhanced with the added coverage of the network, and the added asset-based approach in Asia, which adds tremendous value for our customers.”

 

 


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