Demand for air freight 'perking up', but this puts pressure on capacity
“The normality of the market is not that normal,” says Transport Intelligence (Ti) in its ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
TRANSPORT INTELLIGENCE‘s Paul Chapman writes:
In a long awaited announcement, Deutsche Bahn today announced that it has started the DB Schenker sale process. According to Deutsche Bahn, DB Schenker has a solid position within the market and is a top four logistics company globally.
Europe is a key geographic area for DB Schenker, it being its home market. DB Schenker provides a range of services globally, including air freight, sea freight, road transport, contract logistics and other services (project logistics, events and exhibition logistics, for example). DB Schenker has some 76,600 employees at over 1,850 locations in more than 130 countries.
The following analysis is based on research conducted by Transport Intelligence in 2023; covering mainly European markets.
– In Germany, it is not the market leader for freight forwarding, as that position is held by Kuehne + Nagel. It is ranked fourth, however.
– In France, its Air and Sea forwarding activities are smaller than its road and groupage operations, which account for most of its activity.
– It is a similar pattern in Denmark, where its land operations (road transport) account for most of its business there. It is ranked sixth largest forwarder in that country, by revenue.
– In Belgium, the company’s business is almost all road freight forwarding…
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