SCHENKER AND MASPED SET UP HUNGARIAN JOINT VENTURE
Masped Rt., Hungary’s largest freight forwarding company, and German forwarding group Schenker AG are setting up a joint venture company for air and sea freight activities.
The new company, MASPED-SCHENKER Air and Sea Forwarding Co. Ltd., will provide global logistics services in Hungary.
The joint venture will use Schenker’s global customer contacts and its international network of about 1,000 offices, the German group said.