DB Schenker creates new subsidiary in Bangladesh

DB Schenker has opened a new entity in Bangladesh, Schenker Logistics (Bangladesh) Limited, that will be operational under DB Schenker’s India cluster organisation. DB Schenker has been operational in Bangladesh since 2007 through its partner SG Logistics (Pvt) Limited (SGL), but now customer will deal directly with Schenker Logistics Bangladesh.

The new entity will have two offices, in Dhaka and Chattagram, and about 150 employees across the core product offering (Air Freight, Ocean Freight, Contract Logistics, Land & Cross Border Transportation, Global Projects and Fairs & Exhibitions), spread across six vertical markets:  Aerospace, Electronics & Solar Semiconductor, Automotive, Retail & Consumer, Healthcare and Industrial & Chemical.

According to the company, Bangladesh is the world’s second largest exporter of apparel after China, and it plays a pivotal role in strengthening DB Schenker’s position in the global textile market.  “As one of the priority markets for our Indian subcontinent, the move will enhance DB Schenker’s service portfolio in the subcontinent”, says DB Schenker CEO Jochen Thewes.

Source: DB Schenker