News / DB Schenker makes 'positive contribution' to DB – but it's an odd fit

© Trygve Finkelsen |

Even a cursory glance at Deutsche Bahn’s 2023 results this morning suggests DB Schenker is an odd fit in a loss-making company highlighting German passenger rail fares. 

Nevertheless, without Schenker, DB’s results are going to suffer.

It acknowledged the “ongoing significant positive contribution by DB Schenker, despite normalisation of freight rates” – normalisation meaning “significant reductions in freight rates in air and ocean”. 

Schenker saw revenues fall from €27.6bn ($30bn) in 2022, to €19.1bn in 2023, down more than 30%, leaving adjusted ...