Comment / EXCLUSIVE: DB Schenker – 'This is what a sale is all about'

dreamstime_s_54271866

© PhillBurrows |

By Alex Lennane

16/05/2023

DB Schenker management believes the increasing number of rumours about a possible sale – and potential buyers – are being spread by parties that “clearly have their own agenda”.

In a letter sent yesterday to staff from Levin Holle, chairman of the supervisory board, and Jochen Thewes, chief executive, and seen by The Loadstar, the pair tried to dismiss rumours, which they said had been circulating particularly strongly at Munich last week.

“Let’s be clear here: Everyone knows very well what a ...

Comment on this article

You must be logged in to post a comment.

Topics

DB Schenker Deutsche Bahn Exclusive M&A radar Takeover Talk

Most read news

Keep our news independent, by supporting The Loadstar

Spot rates on transpacific surge after news of tariff time-out

'Cargo collision' expected as transpacific capacity tightens and rates rise

European port congestion now at five-to-six days, and getting worse

Houthis declare blockade of port of Haifa – 'vessels calling will be targets'

Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'

News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan

Threat to airport operations as India revokes security clearance for handler Çelebi

South America will benefit as air cargo traffic diverts from the transpacific

CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook

Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'

Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'

Brazil's outdated and inefficient ports the barrier to economic growth

Yang Ming chief announces rethink on ordering 'megamax' box ships

Zim beats market on growth, but warns the future 'may be complicated'

A 'dead cat bounce', as freight goes from rules-based to deals-based trade?