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Truckload carrier Schneider National said Thursday it received a business license from the Chinese government to begin trucking and logistics operations in that country.Schneider established a new subsidiary, Schneider Logistics (Tianjin) Co. Ltd., to oversee its Chinese operations. The unit’s logistics services will include warehousing and crossdocking operations.Schneider, ranked No. 8 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers, has provided supply chain services in China since 2005.Meanwhile, DHL International Ltd., a unit of Germany’s Deutsche Post, plans to invest $110 million in China in the next few years, Bloomberg reported, citing China’s state-run Xinhua News Agency.The money will be spent on infrastructure such as vehicles and service centers, and training staff, Xinhua reported, citing Deutsche Post Chairman Klaus Zumwinkel.DHL, which entered China in 1986, invested $1 billion in that country from 2001 to 2006. It boosted its branches in China by 30% last year to 73 outlets, Bloomberg reported.DHL’s U.S. unit, DHL Americas, is ranked No. 4 on the TT 100.
February 15, 2007 5:00 PM, EST