Kerry Logistics Network : Garners Two Honours at 2018 Frost & Sullivan Asia Pacific Best Practices Awards

Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) is pleased to announce that the Group has won two honours at the 2018 Frost & Sullivan Asia Pacific Best Practices Awards: The 'Asia Pacific Logistics Service Provider of the Year' and the 'Asia Pacific Road Transportation Service Provider of the Year'.

The Awards are organised annually by global business consulting firm Frost & Sullivan, recognising outstanding companies from a wide range of industries including the automotive, energy, building & environment, healthcare, information communication technologies, and logistics sectors in Asia Pacific. Awardees are judged through industry trends analysis and research interviews, based on a set of parameters measuringrevenue growth, market share in specific category and growth in market share, demonstrated leadership in new product introduction and innovation, breadth of products and solutions, major customer acquisitions, and business or market strategy.

William Ma, Group Managing Director of Kerry Logistics, said, 'We are grateful for the two titles from Frost & Sullivan, they once again acknowledge our sustained efforts in continuously improving our performance. Apart from constantly expanding and refining our integrated logistics operations, we have been elevating our service capabilities in road freight services through establishing new routes and forming new partnerships. We are determined to uphold service excellence and deliver innovative and customised solutions to our customers.'

During the past year, Kerry Logistics has launched its first rail and road multimodal freight service from Lanzhou, China to Islamabad, Pakistan, as well as new cross-border rail and trucking services from China through Kazakhstan to Caucasus and Turkey. It has also consolidated its global project logistics services under the Kerry Project Logistics brand to meet the growing demand for total logistics solutions for large-scale, complex projects worldwide.