Schneider National to Enter China
October 26, 2006 by Splatty
Filed under Misc Logistics
Via Forbes.com:
It looks like Schneider National Inc. is the latest in a long list of logistics companies looking to capitalize on the China market.
Schneider is likely to make investments worth tens of millions of dollars in China within a year, Lofgren said, adding that its preferred method is to acquire companies rather than form joint ventures.
‘Our view on China is it’s incredible, exciting, dynamic, in many cases very similar to the US logistics environment in the 1950s,’ the report cited him as saying, describing the period when the first major network of interstate roads were built.
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