Logistics chief says HZMB not yet right for trucks

George Yeo, head of Kerry Logistics, knows the art of diplomacy. The former Singaporean foreign minister now heads one of the Greater Bay Area’s biggest logistics companies, Kerry Logistics. Yet it is clear in this feature on SCMP that he has decided it’s time to speak some hard truths. Here is an excerpt:

“The details are very important. Right now we have the broad framework and the general idea [of the plan]. We have to go down now to the nitty gritty, to the specific details,” Yeo said.

“There is still very little cargo going across because the rules are not clearly settled with the customs authorities. I am sure it will be resolved within a few months. There are practical details about how to clear containers and where to clear them and the smoother it is the better.”

“The clearer the rules are the more the trucks that carry such containers can pass through with minimum friction.”

Read the full story here