has acquired a holding in Shanghai Expotrans Ltd, the Shanghai-based
company specialising in freight-forwarding for trade fairs. Schenker
has been in close cooperation with Expotrans for years now in
successfully providing service to customers in the trade fair
and exhibitions segment in China.
With the acquisition,
Schenker will be developing its own trade fair activities in Shanghai,
further enhancing security and improving the quality of service
it provides for worldwide customers.
been engaged in the Chinese market for many years.
Three of Schenker's
18 special Trade Fair Offices in Asia, which are all integrated
into the company's global network, are located in China. The participation
in Expotrans enables the company to benefit from important direct
contacts to government and administration offices. The local influence
on trade fair procedures and service will become greater. Schenker
has already provided services for trade fairs on the new Exhibition
Grounds in Shanghai/Pudong. This site is set to become the key
point in Schenker's trade fair network in Asia.
sales of Euro 6bn and about 1,000 offices around the world, the
Stinnes subsidiary, Schenker, is one of the world's leading providers
of integrated logistics services, offering land transport, air
and sea freight as well as comprehensive logistics solutions and
global supply chain management from a single source.