DB Schenker has strengthened its foothold in Vietnam’s logistics arena with the recent acquisition of the outstanding 49 per cent of the shares in its joint venture with Gemadept Logistics. Schenker Gemadept Logistics was formed in July 2007 to provide logistics and supply chain services through an agreement between Schenker Vietnam Co., Ltd. and Gemadept Logistics, with the former holding 51 per cent of shares and the latter with 49 per cent of shares. “DB Schenker has … [Read more...] about DB Schenker’s Vietnam JV now fully owned
DB Schenker
DB Schenker doubles footprint at CDG
Aéroports de Paris has announced that DB Schenker is to double its total footprint at Paris-Charles de Gaulle. DB Schenker will now operate over 15,000 sqm of logistics warehouses, including 3,000 sqm of office areas, at the centre of the freight area, with direct access to the tracks and the aircraft cargo bays. … [Read more...] about DB Schenker doubles footprint at CDG
DB Schenker wins Gorgon contract
DB Schenker was awarded an international and domestic Australian “Integrated Logistics Services†(ILS) contract by Chevron Australia to transport material and equipment on a global basis for the Gorgon Project. The ILS contract for the Barrow Island LNG Plant is estimated at A$590 million (US$515.3 million) over four years. DB Schenker anticipates that materials in excess of two million freight tonnes will be moved to module fabrication yards in Asia and/or directly to Australia. … [Read more...] about DB Schenker wins Gorgon contract
Schenker inaugurates new Euro air freight hub
DB Schenker inaugurated its new €50 million European air freight hub at Frankfurt Airport this week, with operations to begin in early August which will see import and export units currently operating at different sites merged into a single unit at the airport. “This European hub is an essential turntable within our international air freight network. It will contribute to expand our position in the global competition,†said member of the Management Board of DB Mobility … [Read more...] about Schenker inaugurates new Euro air freight hub
Schenker opens new semiconductor facility
DB Schenker has extended its involvement in the Korean logistics market with the start of operations of Schenker Korea Ltd’s semiconductor distribution centre at its Korea Logistics Center in the Free Trade Zone at Incheon Airport. The first of its kind in Korea, the facility began operations recently for Dutch company ASML – a leading provider of lithography systems for the semiconductor industry that are critical to the production of integrated circuits, or chips. The … [Read more...] about Schenker opens new semiconductor facility
Schenker expands in ME with Egyptian JV
DB Schenker has announced a new joint venture in Egypt with DB Schenker’s long-time partner, ITS International Transport Service Ltd. “The new company is a further important new hub within DB Schenker’s worldwide network. This step will enable us to provide even better, high quality end-to-end solutions across the entire process chain in this very promising growth market,†said Schenker AG Board member responsible for Contract Logistics/Supply Chain … [Read more...] about Schenker expands in ME with Egyptian JV