Predatory rivals circle as the ripples from DSV's Schenker buy widen
Forwarders are awaiting the fallout from DSV’s purchase of DB Schenker – and the corresponding ...
ZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED LOW: TRADING UPDATEHD: TARIFF IMPACTPLD: BEST PERFORMER ON SELL-SIDE BULLISHNESSZIM: TRADING UPDATECHRW: INSIDER SELLS STOCKCHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCING
ZIM: UNDERLYING PERFORMANCEZIM: UNDERWHELMING TGT: HAMMERED LOW: TRADING UPDATEHD: TARIFF IMPACTPLD: BEST PERFORMER ON SELL-SIDE BULLISHNESSZIM: TRADING UPDATECHRW: INSIDER SELLS STOCKCHRW: NEW RECORDHD: SIZE MATTERSHD: EARNINGS IN LINE FWRD: BIDS COMING IN SOONDHL: NEW APPOINTMENTHD: TRADING UPDATEAAPL: SOURCING
DB Schenker Italia is facing seeing more than €1m being foreclosed by its bank after it failed to pay drivers compensation, ordered by a court.
Italian media said that in April, a Milan court ordered Schenker to pay more than €730,000 to 10 of its drivers to compensate for unpaid overtime and deductions over seven years. The court gave the company 10 days to pay – but media have reported that it has not yet been paid. As a result, Schenker will have to return to court, while the foreclosure amount will be distributed to the drivers.
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