DB Cargo eyes rail freight arm sale amid concern over state subsidy
German outlets are reporting that Deutsche Bahn may be considering selling its freight arm, DB ...
Deutsche Bahn chief Ruediger Grube has said he will travel to Russia to ensure that DB’s relationship with Russian Railways is unaffected by the recent political upheaval. Russian Railways boss Vladimir Yakunin has been targeted as one of the individuals under US sanctions, and the potential impact of this is causing some alarm to companies. Meanwhile GEFCO, the logistics group formerly controlled by PSA Peugeot Citroen, which sold 75% to Russian Railways in 2012 , announced an annual turnover of €4bn and a net profit of €55m last year.
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
Global airfreight volumes blooming as flower shipments take off
Comment on this article