EXCLUSIVE: Schenker top exec departs 'One DSV' – fishing continues (Part 1)
To be updated
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
DB Schenker Italia is facing seeing more than €1m being foreclosed by its bank after it failed to pay drivers compensation, ordered by a court.
Italian media said that in April, a Milan court ordered Schenker to pay more than €730,000 to 10 of its drivers to compensate for unpaid overtime and deductions over seven years. The court gave the company 10 days to pay – but media have reported that it has not yet been paid. As a result, Schenker will have to return to court, while the foreclosure amount will be distributed to the drivers.
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