Deutsche 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 moreDB Schenker to transport Olympic equipment to Tokyo
DB Schenker will transport the equipment of the Olympic athletes in Tokyo next year. The Belgian Olympic and Interfederal Committee (BOIC) have extended the cooperation with the logistics service provider. “We have chosen DB Schenker again...Read moreDB Schenker will not be sold
Deutsche Bahn wants to focus on its core business in the coming years. This means, among other things, that the market share of DB Cargo must increase considerably. CEO Richard Lutz also announced that DB...Read more
China to lift restrictions dangerous goods by rail
The rail transport of dangerous goods between China and Europe will be permitted before the end of this year. The Chinese government is currently reconsidering the restrictions on this type of cargo, with the aim...Read more‘Deutsche Bahn must let go of DB Schenker’
Deutsche Bahn must let go of its logistics subsidiary DB Schenker and strictly separate managing the German railway network from its own rail operations, such as freight transport. This is what the Bundesrechnungshof, the ‘General Court...Read moreDB Schenker ‘Best Logistics Service Provider’ on New Silk Road
DB Schenker was granted an international award for its services on the New Silk Road during the AFLAS Awards 2018 in Shanghai. The company won in the category Best Logistics Service Provider. DB Schenker wants to...Read more
GB Railfreight makes two key management promotions
GB Railfreight (GBRf) says two vastly experienced staff members promoted to new senior board roles on will make ‘significant contributions’ to their teams. Bob Tiller comes in as Engineering Director and Ian Langton as new...Read more