Kerry buys stake in Vietnam trucking, express provider

Intermediaries

Monday, January 07, 2013

Hong Kong-based Kerry Logistics said Monday it has secured a majority stake in Vietnamese company Tin Thanh Express to offer integrated logistics services across the Southeast Asian country. The new joint venture company, Kerry TTC Express, will combine the global logistics expertise and international freight network of Kerry Logistics with the local competence and connections of TTC Express. “Vietnam is one of the fastest growing economies in Asia, and...

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