Schenker (Asia Pacific) Pte Ltd, subsidiary of DB Schenker, the transport and logistics division of the Deutsche Bahn Group, has expanded its presence in the Indian subcontinent with the launch of a new entity in Bangladesh.
With effect from 26th June 2019, Schenker Logistics (Bangladesh) Limited is 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.
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 as 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.” The new entity will have two offices, in Dhaka and Chattagram, with over 150 experienced 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 namely Aerospace, Electronics & Solar Semiconductor, Automotive, Retail & Consumer, Healthcare and Industrial & Chemical.
DB Schenker works closely with locally trained experts and partners in order to deliver the best service to customers on the ground. Through such partnerships, the organization also recognizes its role in creating more job opportunities and upskill trainings for the local talent market, while at the same time strengthening its logistics capabilities in Bangladesh.
“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,” said Vishal Sharma, Chief Executive Officer, Cluster India and Indian subcontinent, Schenker India Private Limited.