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Schenker USA/BAX Global
Freeport, NY
516-377-3000
Dennis Eittreim, CEO
3PL Turnover: $5b Parent: $30b
Service Area: Europe, Asia, South America, Africa, North America; N A locations, 150 U.S., 33 Canada, 15 Mexico
3PL Assets: 12,000 employees
80 warehouses
Information Systems: Very good
TMS - SWORD, CAPS, i2, ILS
WMS - EXE, HTS, SAP R/3, SoLiNET
Services: Air and ocean freight forwarding, customs brokerage, warehousing and distribution, transportation management
Industry Focus/Key Customers: Automotive, computers and electronics, consumer goods, healthcare
Key Customers: Apple, BMW, Boeing, DaimlerChrysler, IBM, Intel, Phillips, Procter & Gamble, Subaru
Armstrong & Associates' Evaluation: Schenker made a significant move to expand its previously limited U.S. presence by acquiring BAX Global Logistics earlier this year. Its parent, Deutsche Bahn AG, continues to need to find significant growth and profit opportunities outside of "old Europe." Schenker's contract logistics and forwarding operations in Canada are good. South American and Mexican operations are respectable. European trucking operations account for half of revenues. Contract logistics is 10% of business and both companies are strong in this area. Deutsche Bahn's rail operations were profitable for 2005. Schenker handled 900,000 TEUs in 2005. BAX adds significant new air freight forwarding with good Asia-pacific and North American operations.