'Mærsk-quits-Schenker' effect? Short-lived!
Sneak peek mode on
E pur si muove! (And yet it moves! – Galileo)
From a pure credit perspective, Teutonic behemoth Deutsche Bahn, the world’s largest rail company and owner of 3PL DB Schenker (DBS, seemingly forever on the block)…
… isn’t that different, in its current form, from the sovereign risk of Germany.
Rated three notches below the country’s long-term credit rating of AAA, the cherry on the rating cake, and holding onto high-grade territory according to S&P Global Ratings (S&P), last week it had that ...
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Schenker race...Mærsk out – in the name of synergies, or the lack thereof
News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy
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