The aim is one of establishing a joint venture to provide end-to-end, cross-border e-commerce solutions from China to worldwide destinations in which Kerry Logistics holds a majority interest.
Leveraging Kerry Logistics’ broad experience in origin sortation, line haul and customs clearance, together with Correos’ years of expertise in the postal and commercial solutions, the joint venture aims to bring commercial services experience to the next level for customers including marketplaces and e-tailers. Cross-border e-commerce exports from China recorded a 67% year-on-year increase in 2018, amounting to RMB56.12bn, according to China’s General Administration of Customs.
To fulfil an increasing emphasis on e-commerce parcel security and compliance, a world-class sortation centre will be set up in Southern China under the new venture, equipped with an automated sorting system and stringent parcel screening and security controls to ensure speedy parcel handling and full compliance. The facility, which is scheduled to open in the fourth quarter of 2019, will occupy an area of over 200,000 square feet and have an initial sorting capacity of 500,000 parcels per day.