Schenker recently marked a major milestone in Vietnam with the groundbreaking ceremony for a 15,000 square meter logistics hub. Th e new facility, located at Song Th an Industrial Zone of Binh Duong Province, close to Ho Chi Minh City is expected to be completed by April 2008.
For this new logistics hub, Schenker formed a logistics joint-venture with Vietnam¡¯s largest shipping agency Gemadept, which Schenker has worked with since 1993. Th e joint-venture is operating under the name of Schenker Gemadept Logistics Vietnam Ltd and will concentrate on warehousing and related contract logistics with other services possibly integrated at a later date.
Th e facility will serve both export companies with its CFS (Container Freight Station) function as well as those international companies from the growing hi-tech industries around the southern hub of Ho Chi Minh City.
In Australia meanwhile, Schenker also recently opened a new, centralised 26,000 square metre warehouse and office facility at Brisbane Airport, from fi ve smaller facilities previously.