• 2008 October 20 14:19

    Schenker opens new cargo terminal in Riga

    Today, the Schenker company will launch its new cargo terminal at Kalnciema Street in Riga, as LETA learned from representatives of the company.

    The new terminal will be a hub, creating a connection between the enterprises' cargo routes from the Far East, North America and Europe to capital cities of several CIS countries.

    A press conference will take place at the terminal's opening event, during which representatives of the company will inform about options, how to optimize logistics costs by using modern services packages and will outline the functions and advantages of Riga as a transit axis between the U.S., European Union and CIS countries.

    Among the participants of the opening event will be the Ambassador of Germany to Latvia Detlef Weigel and clients and cooperation partners of the enterprise. 

    The new terminal's area covers 4,000 square meters and will serve as an extension to Schenker Stinnes Logistics center of logistics, which has been operating in the territory of the ancient concrete factory at Kalnciema Street already since several years.

    It is planned than in the next five to ten years time Schenker Stinnes Logistics logistics center will be expanded to 40,000 – 60,000 square meters and will have various new functions, introduced to suit the market demands, as board member of the company Schenker Aivars Taurins explained.

    Schenker Stinnes Logistics has been operating in Latvia since 1995. Schenker is subsidiary company of the Stinnes concern, which is owned by the German Deutsche Bahn AG.

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