KLN (company)
| Company type | Public |
|---|---|
| Industry | Logistics |
| Founded | 1981 |
| Headquarters | Kwai Chung , Hong Kong |
Area served | 59 countries and regions including Mainland China, India, Southeast Asia, CIS, Middle East, Latin America |
| Products | International freight forwarding (air, ocean, road, rail, multimodal), e-commerce logistics, industrial project cargo handling, infrastructure investments |
| Website | www |
KLN Logistics Group Limited (KLN), previously known as Kerry Logistics, is a publicly traded entity on the Hong Kong Stock Exchange and features in the Hang Seng Corporate Sustainability Benchmark Index.
As a global third-party logistics (3PL) provider based in Asia, KLN operates across 59 countries and regions, including Mainland China, India, Southeast Asia, the CIS, the Middle East, and Latin America. The company delivers comprehensive supply chain services such as international freight forwarding via air, ocean, road, rail, and multimodal transport, alongside e-commerce logistics, industrial project cargo handling, and infrastructure investments.
With its headquarters situated in Kwai Chung, Hong Kong, KLN oversaw 74 million square feet of logistics properties worldwide as of 2020, including 24 million square feet of self-owned assets. Its operations are supported by a fleet exceeding 10,000 vehicles deployed throughout its markets.
History
The foundation of KLN dates back to 1981 when it launched its inaugural warehouse in Hong Kong. By 1991, the company managed five warehouses covering approximately 2 million square feet. Incorporated as a formal company in 1991, it inaugurated its signature Kerry Cargo Centre in 1999—a multi-level logistics complex spanning 1.4 million square feet that also serves as its global headquarters.
In 2000, the firm adopted the name "Kerry Logistics Network Limited" and broadened its service offerings by acquiring Kerry Freight (Hong Kong) Limited, which expanded its capabilities to include truck freight and international forwarding.
KLN went public on the Hong Kong Stock Exchange on 19 December 2013 through a spin-off from Kerry Properties Limited, raising over US$280 million. By 2016, it owned a portfolio of 12 logistics facilities in Hong Kong with a combined gross floor area of 6.3 million square feet.
In 2020, the company reported revenues surpassing HK$53 billion, establishing itself as the largest international logistics enterprise listed in Hong Kong. Its major shareholders include SF Holding, which acquired a 51.8% stake for HK$17.6 billion in 2021, and Kerry Properties, holding 12.23%.
In March 2025, the organization rebranded from Kerry Logistics to KLN Logistics Group and announced plans to retire its Chinese name in favor of "KLN."
Mainland China
KLN established its initial logistics centre in China through a joint venture in 2003. In 2005, it secured a 70% ownership interest in EAS, a prominent state-owned Chinese freight and warehousing enterprise, leading to the creation of Kerry EAS Logistics (KEAS). By the close of 2016, KEAS managed substantial self-owned and leased logistics properties within China. Revenue generated from Mainland China reached HK$8 billion, accounting for roughly 38% of KLN's overall group turnover.
In 2023, KLN partnered with SF Holding to form a joint venture aimed at providing ground handling services for international cargo at Ezhou Huahu International Airport.
Taiwan
KLN initiated freight forwarding operations in Taiwan in 2004 and obtained an initial equity stake in Kerry TJ Logistics (formerly T. Join Transportation Co., Ltd) by 2008. By the end of 2016, KLN held an approximate 49.67% share in Kerry TJ Logistics—a leading Taiwanese logistics firm publicly listed on the Taiwan Stock Exchange since 1990 with a distribution network supported by more than 3,000 trucks.
Southeast Asia
KLN initiated its presence in ASEAN markets in 2002 by offering integrated logistics and international freight forwarding services in Thailand. The following year, it established a logistics hub spanning roughly at Laem Chabang port, situated near Bangkok. In 2004, KLN secured an initial ownership interest in Kerry Siam Seaport Limited (previously known as Siam Seaport Terminal & Warehouses Co., Ltd.), eventually increasing its holding to 79.52% by 2013. This entity operates a versatile terminal close to Laem Chabang.
By 2013, KLN controlled around of self-managed facilities (with an attributable gross floor area of about ) and leased approximately of space in Thailand under the Kerry Express brand.
From 2004 onwards, KLN expanded its freight office network across ASEAN countries such as Singapore, Malaysia, Indonesia, Cambodia, the Philippines, Vietnam, and Myanmar.
In March 2024, KLN finalized the distribution of all shares of KEX Express (Thailand) Public Company Limited to shareholders through a special dividend, resulting in KEX Express Thailand no longer being a KLN subsidiary.
United Kingdom
KLN commenced its European freight forwarding operations in the United Kingdom in 2002 by acquiring an initial equity stake in Kerry Logistics (UK), formerly known as "Trident International Limited." By 2013, KLN had acquired full ownership, making Kerry Logistics (UK) a wholly owned subsidiary.
Indev Logistics, India
On 13 April 2016, Kerry Logistics purchased a 50% interest in Indev Logistics Pvt. Ltd., a logistics company based in Chennai, for approximately Rs 1,000 crore. By 2018, Indev planned to enter the Indian stock markets. Following this investment, Indev was rebranded as Kerry-INDEV, reflecting Kerry’s ambition to establish itself as a leading pan-Indian logistics provider focused on the domestic market.