Schenker opens Saudi Arabia subsidiary
DB Schenker said Thursday it has incorporated a new subsidiary in Saudi Arabia, Schenker Saudi Arabia LLC.
The new company is located in Riyadh, with offices in Dammam, Jeddah and Al Jubayl.
DB Schenker said it had been represented by partners in the region.
'We can now offer high-quality integrated solutions from a single source to all our customers in this important Arab country,' said Detlef Trefzger, a Schenker AG logistics and supply chain board member who is responsible for the Middle East-Africa region.
Schenker said it also plans to set up other national companies and cooperation agreements in the region.
'The near Middle East-Africa region is one of the most interesting growth markets for global network and logistics activities,' Trefzger said.
Schenker opens Saudi Arabia subsidiary