Kerry Apex ranked number one NVOCC
Kerry Logistics has announced that Kerry Apex, its indirect wholly-owned subsidiary, was the number one non-vessel operating common carrier (NVOCC) from Asia to the USA from January through July 2020, supported by a well-positioned team in Southeast Asia to capture the export volume shift from China to Asia.
In the first seven months of 2020, Kerry Apex outperformed the market by recording a 6% growth in volume against the market trend of a 7% contraction in the same period.
Vicky Cheung, executive director of Kerry Logistics Network, said: “We are gratified to see that the efforts of our team in Southeast Asia and that the relationships we have built with our partners have paid off. While the protracted USA-China trade war and the as-yet-uncontained Covid-19 pandemic are clouding the horizon, we are confident that we will maintain our top position in ocean freight for the rest of 2020.” (mw)