Freight Forwarding

DB Schenker Inaugurates New Subsidiary in Bangladesh

DB Schenker Inaugurates New Subsidiary in Bangladesh
Danny Gill

DB Schenker has officially opened its new entity in Bangladesh. The new subsidiary will now be fully operational as a local entity under the global freight forwarder’s India cluster organization.

Bangladesh is recognized as one of the fastest growing economies in the world with a consistent nominal GDP growth. It is also the world’s second largest exporter of apparels after China, and plays a pivotal role in strengthening DB Schenker’s position as a leader in the global textile market, especially since Bangladesh has duty-free access for garment exports to certain countries.

“As one of the priority markets for our Indian subcontinent, the move to establish our own entity in Bangladesh will greatly enhance DB Schenker’s service portfolio in the subcontinent”, says DB Schenker CEO Jochen Thewes.

The new Bangladesh organization will be led by Chester Hodgson who has over 20 years of experience in the Freight and Logistics industry in South Asia and is no stranger to Bangladesh. “Our greatest pride is our customers and that our success is measured by how we can use our network to facilitate the progress of your business, the fruition of our vision to strategy implementation to become PRIMUS,” says Mr. Hodgson.

Ditlev Blicher, CEO Asia Pacific, DB Schenker, described, “Establishing an owned entity is an important step for the organization that comes after many years of careful planning and preparation, which will greatly enhance DB Schenker’s service portfolio and footprint in the Indian subcontinent.”

Vishal Sharma, Chief Executive Officer, Cluster India and Indian subcontinent, Schenker India Private Limited said, “Bangladesh is one of the priority markets for our Indian subcontinent and will help shape a new growth trajectory in the years to come. We are well prepared to expand aggressively in the country so as to better serve our customers.”

The new entity will have two offices, in Dhaka and Chattagram, with over 150 experienced employees across their core product offering and spread across six vertical markets: Aerospace, Electronics & Solar Semiconductor, Automotive, Retail & Consumer, Healthcare and Industrial & Chemical. DB Schenker had been operating in Bangladesh since 2007, via an exclusive network partner: SG Logistics (Pvt) Limited (SGL).

Freight Forwarding
Danny Gill

Danny is currently a Contributing Writer for Airfreight Logistics and Logistics Manager (LM) and is quite the foodie. He’s always on the hunt for new and exciting dishes to sample, and is never one to back down from a spicy challenge. His travels have taken him around the world, and he’s been able to experience many different cultures (and food).

More in Freight Forwarding

Yusen Logistics (Lao) Sign Partnership with Lao Coffee Association

Yusen Logistics (Lao) Sign Partnership with Lao Coffee Association

Danny GillJuly 1, 2019
CEVA Logistics and CMA CGM have provided a fully integrated logistics and transportation solution for the shipment of building materials from Asia to Europe, supporting students from KMUTT University in the Solar Decathlon Europe 2019.

CEVA Logistics and CMA CGM Support KMUTT University in the Solar Decathlon Europe 2019

Danny GillJuly 1, 2019
KN PharmaChain Certifies 200th Operation Globally

KN PharmaChain Certifies 200th Operation Globally

Danny GillFebruary 5, 2019
CEVA Logistics form Blockchain Partnership with IBM and Maersk

CEVA Logistics Broadens Strategic Partnership with CMA CGM

Danny GillOctober 25, 2018
Panalpina Opens LCL Hub in Cartagena Colombia

Panalpina Opens LCL Hub in Cartagena Colombia

Logistics ManagerOctober 19, 2018
SEKO Logistics Bolsters eCommerce Solution with Majority Stake in Omni-Channel Logistics

SEKO Logistics Bolsters eCommerce Solution with Majority Stake in Omni-Channel Logistics

Logistics ManagerSeptember 10, 2018

Kuehne + Nagel Ventures Forth with a New Global Initiative

Danny GillJuly 26, 2018
freightzen

Freightzen Logistics Launches New Website

Danny GillJune 22, 2018

WCA Awards FreightSnapAsia with Full Endorsement

Logistics ManagerMay 3, 2018
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version