News / Deutsche Bahn ponders a partial sale for Schenker in major cost-cutting revamp

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Deutsche Bahn is considering a partial privatisation of DB Schenker Logistics as part of a massive corporate restructuring of the group, which will start on August 1.

In a six-point plan presented to the supervisory board yesterday, CEO and chairman Dr Rüdiger Grube warned that the group needed “bold, forward-looking decisions” to boost its competitiveness after disappointing interim results.

“Our current cost structures in many areas – for example, at the corporate level – are no longer competitive and urgently need to ...