Posted on August 16, 2023
Logistics provider DB Schenker is investing close to $160 million in a new and advanced zero-emissions logistics hub. The new facility, called Red Lion 2, is about the size of 10 football fields and increases DB Schenker’s logistics footprint in Singapore to nearly four million square feet. It will begin hiring new staff before the facility is completed in 2025, with the aim of creating 600 jobs over seven years, starting next year. Decked with automated solutions for faster goods handling, the hub will support Singapore’s semiconductor and healthcare manufacturing capabilities.