Deutsche Bahn sees Schenker sale as key to recovery from 'crisis'
Deutsche Bahn today delivered its 2024 results, enjoying the “very favourable” €19.2bn revenue from DB ...
€14.3bn ($15.9bn), the enterprise value stamped on Schenker by DSV at takeover, buys a lot of things in the corporate world.
It helped the Danes secure a friendly deal with one of the two most prominent German 3PLs, but if you recall, it was another promotional stunt at the end of the pandemic that seemed to steer Danish M&A interest elsewhere when, as The Wall Street Journal reported*, “Logistics giant DSV” was readying to “target US in renewed acquisition drive”.
(*Click on ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
De minimis exemption on shipments from China to the US will end in May
Shippers snap up airfreight capacity to US ahead of tariff deadline
Tighter EU import requirements proving 'a challenge' for forwarders
Looming Trump tariffs will create 'a bureaucratic monster' for Customs
Comment on this article