Picking apart the DHL-Evri UK e-commerce deal
It’s all about scale
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
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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