Article: Closing the Loop: DB Schenker shapes the future of Circular Economy Logistics
More than ten million devices handled annually • Value-added services created for returns, repairs and refurbishment under new product line • Market size expected to double
DB Schenker launches its new Circular Economy Logistics product line, bundling its market leading experience in reverse operations and investing in the future of returns, repairs and refurbishment of electronic devices. On the back of Transport Logistic, the industry’s largest trade show currently taking place in Munich, the global logistics service provider thus underlines its ambition to excel in modular reverse management operations and to provide a one-stop-shop for its customers. DB Schenker just recently became the only logistics company with a diamond member status in the Reverse Logistics Association.
Hessel Verhage, Board Member for Contract Logistics at DB Schenker: “Our Circular Economy Logistics product line is our commitment to realizing DB Schenker’s sustainability ambitions, while driving business value for our customers around the world. We invest in the future of reverse and return operations to support global leading manufacturers at accomplishing their ESG mission. After building up market leadership with our partners in recent years, we are now ready to support more of our customers around the globe to set up effective reverse logistics supply chains.”
With a growing number of contract logistics sites engaging in circular operations on all continents, DB Schenker already proves its market leading capacities in Circular Economy Logistics. Far more than ten million printers, smartphones or entire server structure are handled annually, with additional millions of devices being screened for damages and repaired. Beyond this, 1.5 million devices, such as tablets, laptops or wearable electronic devices are returned to the original manufacturer for recycling of their components.
DB Schenker reverse logistics process expertise includes return initiation as well as return and repair processing. Low carbon warehousing and the choice of environmentally friendly materials for packaging enable customers to improve their ecological footprint. Among political debates over customers’ rights to repair of their electronic devices, experts expect the circular economy market volume to double by revenues in the coming five years.
About DB Schenker
With around 76,600 employees at more than 1,850 locations in over 130 countries, DB Schenker is one of the world’s leading logistics providers. The company operates land, air, and ocean transportation services, and it also offers comprehensive logistics and global supply chain management solutions from a single source. To reach its ambitious goal of net carbon zero by 2040, the logistics service provider continuously invests in innovative transport solutions, renewable energies, and carbon-neutral products for its customers.