DB Schenker forms JV with Abu Dhabi's Salem Freight Int
DB Schenker established a new joint venture with long-term global network partner Salem Freight International in Abu Dhabi, the firm announced yesterday.
The new entity will be called Schenker Logistics LLC, and was launched at the start of this month. It will be headed by Salem Freight International’s managing director Farook AlZeer.
Customers will enjoy the benefits of DB Schenker’s global integrated network and products such Air & Ocean Freight, Contract Logistics, Projects, Oil & Gas and specialized Vertical Markets including the aerospace dedicated solution, DB SCHENKERaeroparts, essential to Abu Dhabi’s rapidly developing aviation sector, DB Schenker said through a statement.
“A major part of the world’s future growth will come from markets in Middle East and Africa,” outlined Peter Glatz, regional director near Middle East / Africa, Schenker AG. “This is why we continue to strengthen our presence in the UAE, a strategic central location at the crossroads of important trading routes between East and West. We plan to further strengthen our network in this growing region.”
Salem Freight International had been operating out of Abu Dhabi for more than 20 years.