Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
Maersk has pulled out of its bid to buy DB Schenker, leaving just three in ...
WMT: FOCUS ON COREUPS: STAFF CUTSGM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTEDWTC: ANOTHER DEALRXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKER
WMT: FOCUS ON COREUPS: STAFF CUTSGM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTEDWTC: ANOTHER DEALRXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKER
It’s short – but interesting. Deutsche Bahn, whose chief executive will tomorrow present a turnaround plan for the ailing rail company to the supervisory board, is to cut loss-making freight routes. The company, which is expected shortly to post its first loss in more than a decade, plans to cut its annual capacity to 65.5bn tonne km in 2017 – down 4.5bn on this year.
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
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News in Brief Podcast | Week 27 2024 | A bustling ocean freight market, acquisition and bankruptcy
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