DB Schenker Logistics will build a new €53 million (about US$68.7 million) terminal in Vantaa, Finland.
The facility, located in the Viinikkala logistics area, close to Helsinki airport, will consist of heated and unheated terminal buildings and office space totaling about 52,300 square meters (approximately 562,953 square feet). The terminal will serve land transport, parcel services and home deliveries, as well as air and ocean freight. It is expected to be completed in July 2015.
“Combining all operations in one building will improve our efficiency and productivity and streamline our cargo flows between different transport modes,” said Göran Åberg, CEO of Oy Schenker East Ab, in a written statement. “This new facility of DB Schenker in Finland is one of the largest investments of DB Schenker globally and one of the largest land transport terminals in Europe.”