Schenker China Ltd, BAX Global (China) Company Ltd and BAX Global Freight Forwarding (Guangzhou) Company Ltd have wrapped up their business merger to form a new joint company, named Schenker China Ltd, which started operations on March 1.
This development follows the successful integration of Schenker and Bax in Hong Kong and Macau last June.
"This integration, like that of Hong Kong and Macau last year, is an important milestone for our merger process in China," said Andrew Jillings, CEO of Schenker in China. "As a team, our people are successfully overcoming the challenges of the integration."
Karl-Heinz Emberger, managing director of Schenker central and north China, said: "There are challenges that we have overcome due to the strong support from all our staff who have shared their knowledge and skills to make this happen. The company now benefits from a stronger worldwide network enabling us to provide better supply chain solutions to customers in every region."
Schenker in China has offices and logistics facilities in over 30 cities and a workforce of more than 4,300 in China including Hong Kong and Macau.
Danny Chan, managing director of Schenker South China, said: "The merger has seen the combination of the best practices of both companies and has improved our suite of products and services."
The joint organisation has a team of about 55,000 staff at 1,500 locations in 150 countries. Schenker is part of the Transportation and Logistics Division of German railway company Deutsche Bahn AG.