First indicative offers for DB Schenker are in
The sale of DB Schenker, the logistics arm of Deutsche Bahn (DB), seems to have entered a new phase. The deadline for submitting indicative, non-binding offers was Tuesday, 26 March, and at least seven interested...Read more
Maersk still in the race for DB Schenker’s acquisition, says CEO
After DHL withdrew from the race of DB Schenker’s acquisition last week, Danish shipping company DSV appeared to be the sole remaining candidate to proceed with the purchase. However, another player claims it’s still here...Read more
Danish DSV becomes frontrunner for DB Schenker acquisition
The sale of DB Schenker, Deutsche Bahn’s logistics arm, might have found its suitor. Danish shipping giant DSV signed an agreement with two investment banks to gather enough funds to conclude the purchase. On the...Read more
Dozens of parties reportedly interested in buying DB Schenker
Roughly 25 parties have submitted their names for the takeover of DB Schenker to the international banking consortium that is supervising the sale of the German forwarder. The names include the usual suspects such as...Read moreIt’s official: Deutsche Bahn starts DB Schenker selling process
Deutsche Bahn (DB) has officially started the sale process of its logistics subsidiary DB Schenker. Potential buyers were invited via an advertisement in the Wall Street Journal on Tuesday, 19 December, to express their interest...Read moreAbu Dhabi fund reportedly interested in buying DB Schenker
Abu Dhabi sovereign wealth fund ADQ is reportedly interested in the acquisition of DB Schenker. This brings in a new candidate for the acquisition of the logistics subsidiary of Deutsche Bahn (DB).Read moreDB Schenker to be sold as one unit, says German Transport Minister
The sale of Deutsche Bahn’s (DB) logistics subsidiary DB Schenker is entering a new phase. The supervisory board and DB management board decided to put the large freight forwarding company up for sale as a...Read more
DB Cargo, losses after tax and poor punctuality overshadow DB Group results
The Deutsche Bahn Group published its annual results, announcing a positive operating result and being back in the black. Yet, behind the positive headlines, there are not-so-positive takeaways from the results, such as a loss-making...Read moreDeutsche Bahn hires three investment giants to sell DB Schenker
Deutsche Bahn (DB) has hired three investment banks to prepare for the sale of its logistics subsidiary DB Schenker. The three banks are Goldman Sachs, Morgan Stanley, and German bank Deutsche Bank, with the latter...Read more
Sale of DB Schenker in sight, but what is the price?
The Supervisory Board of Deutsche Bahn (DB) will consider next week whether subsidiary DB Schenker will be put up for sale. Whether it will be sold for the aforementioned top price of 20 billion euros...Read more
DB Schenker reorganises, sale not in sight
DB Schenker is reorganising. The separate country organisations will be bundled into clusters. This ‘simplification’ of the structure should, among other things, result in lower administrative costs and better management, according to the logistics giant.Read more
Smart containers: anti-war, anti-drug, and money-saving?
Cargo theft from containers has always been a headache for rail professionals. However, logistics security has been improving in the past years mainly due to the deployment of innovative technologies. Smart containers are now the...Read moreDeutsche Bahn to sell DB Schenker
Deutsche Bahn and the German government have agreed to sell DB Schenker, DB’s subsidiary that handles logistics. The sale could be approved by the DB supervisory board already this year. This decision had been discussed...Read more
DB Schenker puts Deutsche Bahn back in black
The logistics subsidiary DB Schenker made by far the largest contribution to the positive development of Deutsche Bahn (DB), which reported a positive operating result for the first time since the corona crisis this first...Read more
DB Cargo expands by absorbing DB Schenker’s FLS business
The Full Load Solutions business unit from DB Schenker will be transferred to DB Cargo to help the rail company stimulate its reach to European logistics. The FLS activities include rail, road and short-sea services,...Read more
DB Schenker next in DSV’s wishlist
After the successful acquisition of Agility this week, DSV is now turning its attention to an even bigger chunk of global logistics. It possibly wants to take over DB Schenker, the logistics showpiece of the...Read more
DB Cargo’s loss more than doubled in 2020
Rail freight operator DB Cargo was hit hard by the corona crisis in 2020. The company saw its losses more than double. With an increase of 136 per cent, the figures went down to minus...Read moreDB Schenker goes Caucasian and Central Asian
DB Schenker is setting up eight new country organisations in the Caucasus and Central Asia region, foreseeing enormous development prospects in this area. Georgia, Armenia, Azerbaijan, Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan and Tajikistan will be added...Read moreFirst direct train Verona-Xi’an arrives this week
The first direct China train of DB Schenker to Italy is to arrive in Verona this Wednesday. It connects the North-Italian city with Xi’an in Central China, carrying energy products, automotive and industrial parts. The...Read more