Schenker has now fully committed to participate in Global Freight Exchange (GF-X), having experienced the benefits of the system in New York, London and Hong Kong. GF-X is the neutral trading platform for airfreight carriers and forwarders that is fully integrated to the systems of the carriers, meaning that Schenker is able to see up-to-date details of carrier schedules and capacity."We believe that GF-X represents an opportunity for Schenker to improve and standardise our business processes worldwide," says Thomas Mack, Vice President Airfreight, Schenker AG. "This will save us valuable time, which we can then spend on delivering an excellent service to our customers. We are working with GF-X to implement the functionality across our comprehensive global network. GF-X is a single platform for all electronic transactions and we are keen to see the Exchange adopted throughout the air cargo industry."

Air France Cargo, Lufthansa Cargo and British Airways World Cargo have recently stated their commitment to make GF-X their preferred electronic channel. Schenker will continue to work with GF-X and the other Exchange members to encourage more companies from the cargo community throughout the world to join the Exchange.

With annual sales of Euro 6.1 billion, nearly 32,000 employees and about 1,000 offices around the world, the Stinnes subsidiary Schenker is one of the world's leading providers of integrated logistics services, offering land transport, air and sea freight as well as comprehensive logistics solutions and global supply chain management from a single source.