Keep on trucking with DSV Schenker? Let's hope so...
And try to focus on your job…
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
Heavily indebted German rail operator Deutsche Bahn is reportedly considering offloading its logistics subsidiary, DB Schenker. VerkehrsRundschau, citing sources, claims the sale has been speculated for some months – although last week, Reuters said a company report indicated it would only be looking to sell a minority stake – after DB’s net debt exceeded €19.5bn. For some, the news may seem surprising, given that Schenker has brought home the bacon for DB over the past 12 months. But with both Schenker and Arriva on the table, DB could be looking at generating €15bn from a sale. You can read more analysis on DB Schenker’s future (a takeover by K+N or DP-DHL?) on Loadstar Premium today. The VerkehrsRundschau report is in German, but you can translate it here.
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