The DBS presence in China continues to expand as the company proceeds with a joint venture together with an unnamed Chinese partner to open a new logistics center targeted at the growing automobile industry. Early this month the group witnessed its first Eastbound rail freight service traveling to Zhengzhou. Now it has announced a 20 million euro investment in new developments in Shenyang. The center is planned for a 147,000 square foot logistics center for car part distribution. Construction is set to start in 2015, giving DBS access to one of the largest centers of the Chinese automobile industry.
Thomas Lieb, chairman of Schenker management board, said: “This joint venture is a further important step on the way to expanding our leading position in contract logistics in China too.
“It is part of our strategy to have a clear presence in the Chinese growth regions and provide top-quality logistics services for our customers all around the world.”