Star performer Schenker still propping up Deutsche Bahn profitability
Deutsche Bahn’s results yesterday have added grist to the talk-mill that the potential sale of ...
© Khunaspix Dreamstime.
By Alex Lennane
The sudden departure of DB Schenker’s chairman and CEO, Thomas Lieb, has triggered speculation throughout the industry. One theory, mooted in Cargoforwarder, asks whether there is any relation between his resignation and an investigation by Cologne state prosecutors into nine Schenker managers who may have been involved in ‘facilitation payments’ to expedite cargo through St Petersburg port. DB Schenker is not talking – but that is unlikely to end the speculation.
Comment on this article