Taking over the world
US company Werner Global Logistics have announced their investment in Chinese transport business Hercules Logistics.
Founded in 2001, Hercules is one of the fastest growing logistics companies in China and has recently been recognised as one of the top 100 logistics companies in the Asian market.
Derek Leathers, Werner’s president and chief operating officer, said: “We couldn’t be more excited to invest in and partner with one of the best transportation and logistics firms in China.
“We understand the needs of our customers to better manage their supply chains involving the Asian market, as well as their desire to further expand into China’s growing domestic market.”
Hercules provides logistics and transportation services in the areas of long haul and port dry trucking services as well as forwarding and freight management, contract logistics, integrated supply chain, warehouse distribution and customs brokerage.
The combined network of Werner Global Logistics and Hercules will represent more than 20 offices, warehouse and logistics centres in China and offer a combined network of over 1,000 trucks operating in China and approximately 7,100 trucks and over 23,000 trailers operating within North America.
Ken Mei, Chairman of the Shenzhen-based business, commented: “The customers of Hercules and Werner now have a combined asset-based international capability that is unique in the marketplace.
“I am impressed with the long history of Werner’s success and its continued commitment to China and international logistics. I look forward to expanding our relationship with Werner to serve our customers.”
