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19 September 2020 The on-line newspaper devoted to the world of transports 18:11 GMT+2

June 18, 2019

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Original news
Joint venture Correos - Kerry - GFS in order to manage flows of e-commerce from China

A hub logistic near Hong Kong will be realized

The postal group Spanish Correos (Sociedad Estatal Correos y Telégrafos) has widened own beam of activity to the Asian south-east constituting joint venture with the logistic group Kerry Logistics di Hong Kong and with the Government Flying Service (GFS) of Hong Kong. The new society will be responsible in China of the integral management of the process of collection and shipment of destined packages to being exported. The objective of the initiative is to take advantage of the growth potentials of the market of the e-commerce.

Joint venture, in which Correos it has invested 5,7 million euros, already is instituted and sees Kerry Logistics which majority associate. The new society will realize a hub logistic situated at less than 100 kilometers by Hong Kong, in an area that is near numerous national and international airports and through which huge volumes of traffic journey. According to the forecasts, the new center, that it will become operating in the last trimester of this year, will be able to try 25,000 packages to the hour for a total of 500.000 packages in a working day of 20 hours.

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