Kerry Logistics wins Asian 3PL of the year
Leading logistics company Kerry Logistics has won the award for ‘Asian 3PL of the Year’ for the second consecutive year at the Supply Chain Asia Logistics Awards (SCALA) in Singapore.
The company retained its title following a ballot of Supply Chain Asia magazine readers and a final decision by a panel of Asia’s leading supply chain academics and leaders.
“To win this award two years in a row is indeed a great honour and reflects our solid presence throughout Asia. It is an award won through the hard work and dedication of Kerry Logistics staff across the globe. We would like to thank the readers of Supply Chain Asia who voted for us and also the judges for selecting us for this award,” said Mr William Ma, Managing Director, Kerry Logistics Network.
To retain the title of Asian 3PL of the Year, Kerry Logistics had to satisfy the judges in a range of criteria including the size and scale of the Asian network; IT know-how and systems; level of customer service; client partnering/track record in understanding, collaborating well with customers; launch/upgrade of new products and services on an ongoing basis to match market demand; reliability of service and value for money; ability to handle specialized shipments; level of local knowledge of developing Asian markets; approach to sustainability and social responsibility issues and approach to security and risk management.
The category is open to logistics service providers that have originated in Asia or The Middle East and have their global headquarters in Asia or The Middle East.
Dubbed ‘the region’s premier event’, SCALA played host to more than 300 leading logistics and supply chain professional gathered at the Marina Bay Sands, Singapore.The Supply Chain Asia Logistics Awards brings recognition to corporations and individuals in the fields of supply chain and logistics.The event rotates between the major Asian supply chain hubs of Hong Kong, Shanghai and Singapore.
About Kerry Logistics
One of the strongest distribution and cargo networks in Asia, Kerry Logistics has solid assets in the region to offer its customers reliability and flexibility, supporting their continuing growth and expansion. Its unique ASEAN-wide road transportation network also connects China (Shanghai, Shenzhen, Kunming) to ASEAN countries (Thailand, Vietnam, Laos, Malaysia, Singapore), providing shippers with effective long-haul trucking as well as sea-land and air-land services.
XPO Logistics Completes Spin Off of GXO Logistics
XPO Logistics has completed its spin-off of GXO Logistics, creating two independent public companies.
GXO Logistics today marked the occasion by ringing the opening bell on the New York Stock Exchange. GXO leadership and board members were in Manhattan to mark the “exciting milestone in GXO’s history”, opening Wall Street and celebrating the business’s first day of regular way trading.
“We consider it a privilege to launch GXO as a new company at the top of the industry — the world’s largest pure-play logistics provider,” said chief executive Malcolm Wilson, in a statement. “We have a powerful platform for future growth, including our culture of innovation, strong customer relationships, seasoned leaders and a world-class team. This is day one of unlocking vast new potential for our company.”
GXO Logistics in Brief
- CEO: Malcolm Wilson (formerly CEO, XPO Logistics Europe)
- Employees: 94,000 approx.
- Warehouse capacity: 208m sq.ft
- Key customers: Apple, Nike, Whirlpool, Nestlé
XPO’s Pure-Play Strategy
XPO Logistics announced plans to spin off its logistics division in December 2020, with the intention of creating two pure-play entities focussed on contract logistics (GXO) and freight transportation (XPO).
In an interview last month, GXO Chief Investment Officer Mark Manduca said there is “massive scope” for growth both organically and through M&A activity. "A deep pool of potential new business exists for GXO, both through share gain and penetration,” he added, explaining that companies are increasingly looking to outsource logistics as supply chains become ever complicated.
GXO is a leader in logistics automation and robotics, leveraging AI and machine learning to ‘turn logistics into a competitive advantage’ for its customers. It has approximately 94,000 employees, and counts Apple, Nike and Whirlpool among its blue chip customers. The company says it will also look to strengthen its presence in other high-growth areas, primarily ecommerce, apparel, technology, food and beverage, and consumer electronics. The company has 208m+ sq.ft of warehouse space across 869 locations in 27 countries.