Drop 'DB' and 'DP'. Call it 'DHL Schenker'. Sounds cool, huh?
Very much so
Surprise surprise: Deutsche Bahn’s funding needs are under the spotlight, impacting the corporate plans of some of its core operating subsidiaries.
Uphill
So, just a quick update from me today on state-owned Deutsche Bahn and its troubles, following market reports that one of the major global freight forwarders and logistics companies, DB Schenker – owned by Deutsche Bahn and the parent’s largest revenue contributor – might be exploited to shore up the balance sheet of Deutsche Bahn.
Transport Intelligence reported this week that “the state-owned rail network and owner of major ...
Expeditors sues long-term client for unpaid $20m in row over invoices
More bad news for carriers hoping rates decline has bottomed-out
Rivals set out to woo UPS customers as fears of a strike grow
Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
2M axes Asia-North Europe loop, as carriers shop for more tonnage
Taiwan carriers pay record staff bonuses after year of bumper profits
Shippers put more pressure on ocean carriers for carbon-free services
Billund sees launch of Maersk Air China link – 'a start-up on steroids'
Comment on this article