DB Schenker reports air and ocean freight growth but revenues down

DB Image Broschre 2008

By Alex Lennane

30/03/2017

Lloyds Loading List has reported that DB Schenker’s freight forwarding arm saw volume growth, but revenue falls in 2016. Air freight tonnages were up 4.5%, while sea freight was up 3.3% – but revenues dropped 7.5% to €6.26bn. Revenue from overland services was flat. Contract logistics recorded the best performance, with revenues up 5.6%. The figures are only available within parent company Deutsche Bahn’s results.

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