Heavenly DSV (with one caveat): the forwarding trifecta of success
Schenker synergies – more to come
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Germany’s state-owned passenger, rail freight and logistics company, Deutsche Bahn, had an uneven 2013, according to its annual results, hit by both the weak market and severe flooding, which resulted in far higher costs than in the year before.
Nonetheless, with annual revenues remaining just under the €40bn mark, DB remains a true behemoth in transport terms.
Group revenues from its three divisions – DB Bahn, DB Schenker and DB Netze (its rail infrastructure arm) – slipped 0.5% over the course of ...
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