DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea
Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, ...
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Germany’s state-owned passenger, rail freight and logistics company, Deutsche Bahn, had an uneven 2013, according to its annual results, hit by both the weak market and severe flooding, which resulted in far higher costs than in the year before.
Nonetheless, with annual revenues remaining just under the €40bn mark, DB remains a true behemoth in transport terms.
Group revenues from its three divisions – DB Bahn, DB Schenker and DB Netze (its rail infrastructure arm) – slipped 0.5% over the course of ...
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