Hong Kong-based Kerry Logistics foresees a double-digit percentage gain in earnings for the first half of 2020. Photo: Winson Wong
Logistics and delivery companies see profits soar as coronavirus boosts e-commerce, demand for medical goods
- Hong Kong’s Kerry Logistics is among firms seeing healthy growth as its freight business benefits from a boom in medical goods deliveries
- Logistics companies face challenges in the post-pandemic era, as many of the businesses they rely on shrink or close down altogether in what promises to be a prolonged global recession
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Transport and logistics
Hong Kong-based Kerry Logistics foresees a double-digit percentage gain in earnings for the first half of 2020. Photo: Winson Wong