Schenker announces launch of 2nd Container Yard (“CY”), Container Freight Station (“CFS”) in Mississauga, Ontario

News Item Entered: Tuesday, March 15, 2005

Expanding comprehensive scope of supply chain services - secure container yard has 24-7 access

In an effort to expand its comprehensive scope of supply chain services, Schenker has invested in container handling equipment to allow for storage and handling of both 20’ and 40’ ocean containers.

Schenker is one of the top NVOCC’s in the world and the leading importer from Asia into Canada (TEU volumes).

Schenker of Canada has operated a highly successful CY/CFS in Vancouver for more than 15 years and invested in this new CY/CFS in Mississauga due to overwhelming interest from both existing customers and industry feedback.

The secure container yard has 24-7 access, is bonded and provides access to various “Integrated Logistics Services” including; Container De-stuffing, Cross Docking, Transloading, Warehousing/Distribution, and Transportation.

Schenker of Canada spans a coast-to-coast network that extends to all major harbours, airports and border crossings. In just over half a century, 16 branches have emerged over 690 Schenker employees. The global exchange of goods is expedited by logistics specialists. Schenker of Canada Limited has a portfolio of five supply chain services in Canada: Contract Warehousing/Distribution, Ocean Freight, Air Freight, Land Transportation and Customs Brokerage.

With annual sales of 6.9 billion euros, 38,000 employees and about 1,100 offices around the world, the Stinnes subsidiary Schenker is one of the world's leading providers of integrated logistics services, offering land transport, air and seafreight as well as comprehensive logistics solutions and global supply chain management from a single source. Stinnes is a Deutsche Bahn AG company.