Continental/DB Schenker Logistics sign 3-year warehousing contract, Philippines
2012 05 29
- Details
NUREMBERG, Germany-headquartered Continental Temic, a supplier of electronic chassis components for the automotive industry, and DB Schenker have signed a three-year contract for the warehousing of raw materials for storage and delivery to the production line for its Taguig plant, Philippines of electronic brake systems and security systems.
The contract is the first with Continental Temic in contract logistics for DB Schenker which holds responsibility for its customs clearance and the management of an external overflow warehouse.
"This contract could be the kick-off for further warehouse activities for Continental in Asia," said Marcus Balzereit, Schenker Philippines logistics director in a statement. "The agreement is an important step towards the development of our business relationships."
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