Menzies + Eurus Express form cargo and logistics JV in China

Menzies expands into China: Agility Logistics subsidiary Menzies Aviation has inked an MoU with China-based logistics solutions provider Eurus Express to set up a joint venture operating out of Hainan, China, according to a statement. No details regarding the investment ticket or timelines were disclosed.

Details are scant: The JV will offer premium cargo and logistics services for Hainan and the Asia-Pacific region, leveraging Hainan’s free trade port status, the statement said.

About Eurus Express: The Hong Kong, Hainan, and Shenzhen-based logistics solutions provider delivers supply chain solutions in 58 locations across 17 countries. Their portfolio of services include shipment pickup, last-mile delivery, and return logistics management, according to the company website.

Menzies is doubling down on China: Menzies snapped up a 50% stake in Hong Kong’s Jardine Aviation Services Group (JASG) last week, establishing a foothold in Hong Kong and bolstering a pre-existing partnership with China National Aviation Corporation (CNAC).