German logistics company, DB Schenker, has signed an agreement with the city of Pinghu in northeast China to establish a state-of-the-art facility.
According to DB Schenker, Pinghu is a strategic location, situated near the metropolian areas of Shanghai, Hangzhou and Suzhou, and its proximity to the deep-water port of Yangshan and the port of Zhapu.
With over 50 years of experience in China, providing integrated contract logistics services, DB Schenker claims to be one of the biggest third party logistics companies in the local market operating extensive freight forwarding business by air, ocean, road and rail.
The company said in a statement that the planned logistics centre in Pinghu will provide state-of-the art operations and management systems for both existing and new customers of DB Schenker from various industries comprising industrial, healthcare, e-commerce and electronics.
“With our decision to invest in Pinghu and our existing presence and partnerships with our own warehouses in Beijing and Shenyang, we will add our first 100 per cent owned logistics centre in Pinghu to our warehouse portfolio,” said Schenker China CEO – North/Central China, Thomas Sørensen. “This is an important milestone for DB Schenker, manifesting our growing footprint in China’s contract logistics market.”
(Image L-R: Schenker China CEO – North/Central China, Thomas Sørensen, and Pinghu Economic-Technological Development Zone Director of the Management Committee, Hu Hongtian, signing the memorandum of understanding.)