HONG KONG's Kerry Logistics has secured a majority stake in Tin Thanh Express, to offer "one-stop-shop" logistics and supply chain solutions for multinational and local companies across Vietnam.
The new JV company branded Kerry TTC Express combines the international freight network of Kerry Logistics with the local competence and connections of TTC Express in Vietnam.
Hanoi-based TTC Express is a privately run express company with operations in 60 cities in Vietnam. Its services include nationwide next-day express delivery, courier, LTL, FTL, line haul and international express.
Sorting centres in Hanoi, Ho Chi Minh City and Da Nang co-ordinate the flow of delivery by air and road using 160 trucks and processing 10,000 shipments a day.
Asian Shipper News