After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
Denmark’s DSV has formally closed its €14.3bn ($16.14bn) acquisition of DB Schenker – the biggest ...
DB Schenker has again propped up parent Deutsche Bahn’s poor half-year results, despite falling rates.
Sales at DB Schenker fell 6.6%, to €9.4bn ($10.2bn), Ebitda fell 10.2%, to €908m, while Ebit fell nearly 17%. to €520m. Schenker accounted for 42% of DB’s total sales.
DB said the ...
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