DB Schenker, one of the world’s largest logistics service providers, and the Eastern China city of Pinghu concluded a Memorandum of Understanding (MOU) for the establishment of a state-of-the art logistics center in Pinghu, Zhejiang province.
Due to its convenient location near the metropolitan areas of Shanghai, Hangzhou and Suzhou, and its proximity to the deep-water port of Yangshan and the port of Zhapu, the city of Pinghu is a strategic location for a logistics center. Besides its economic strength, Pinghu also has a long and impressive history of more than 6,000 years as one of the birth places of the Chinese culture.
With over 50 years of experience in China, DB Schenker is one of the biggest 3PL companies in the local market operating extensive freight forwarding business by Air, Ocean, Road and Rail. In addition, the logistics giant provides integrated contract logistics services, a business area with huge development potential in China.
DB Schenker’s future logistics center 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% owned logistics center in Pinghu to our warehouse portfolio. This is an important milestone for DB Schenker, manifesting our growing footprint in China’s contract logistics market”, says Mr. Thomas Sørensen, CEO North/Central China, Schenker China Ltd.
Highest representatives of the Pinghu city government at the Memorandum of Understanding signing ceremony with DB Schenker
From the left to the right:
Ms. Song Yiling, Vice Chairman of the Chinese People's Political Consultative Conference (CPPCC) of Pinghu City
Mr. Qi Hailong, Secretary of the Communist Party of China (CPC) Pinghu City Committee
Mr. Zhong Xu Dong, Executive Vice Mayor of Pinghu City People’s Government
Mr. Thomas Sørensen, CEO North/Central China, Schenker China Ltd. (left), and Mr. Hu Hongtian, Director of Management Committee of Pinghu Economic-Technological Development Zone (right), signing the Memorandum of Understanding
DB Schenker in China’s top management and highest representatives of the Pinghu city government after signing the Memorandum of Understanding