DSV posts first pretax profit since 2022
Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.
Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.
Switzerland-based DSV added to its stable of logistics providers, buying Schenker from the debt-laden German national railway.
Schenker has been sold, but not to the U.S. private equity group vying for control of the German logistics provider. Transport provider DSV of Denmark has emerged as the winning […]
A New York-based venture capital firm and European transport specialist are vying to acquire Schenker, the logistics unit of German national railway Deutsche Bahn, which could shake up the market for logistics services in the U.S.
The German national railway is looking to sell off its DB Schenker logistics business if it can get a good price.
A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks.
USA Truck said Thursday it has been sold to German 3PL DB Schenker.
Latam Airlines’ cargo division has expanded its European service, including a dedicated charter flown for logistics provider DB Schenker.
DB Schenker, el tercer mayor proveedor de logística en el mundo por ingresos y una división de la compañía nacional de ferrocarriles de Alemania, ha acordado adquirir el transportador de […]
German logistics giant DB Schenker on Friday made a big move into the North American trucking market with a deal to acquire USA Truck.
DB Schenker recorta 130 puestos de trabajo tras perder el contrato con Kraft Heinz
Logistics provider DB Schenker will lay off 130 employees from a distribution center in Fort Worth, Texas.
Avatour is turning the boring Zoom business call into an immersive and interactive experience for logistics professionals.
Cargo congestion has gone from bad to worse at Chicago O’Hare International Airport, forcing importers to wait several days to retrieve shipments and prompting two large logistics companies to migrate […]
A giant Russian cargo jet was utilized to bring a special piece of machinery for bottling vaccines from Germany to a new manufacturing plant in the U.S. The equipment could help with the global effort to distribute COVID vaccines.
Lufthansa Cargo and DB Schenker are flying carbon-neutral weekly routes from Germany to China, using carbon offsets and sustainable aviation fuel.
Rockford International Airport is fast becoming an air cargo hub. Amazon and UPS have big operations there, and construction is underway to increase capacity for freighters and storage for new customers.
In today’s edition of The Daily Dash, global logistics operator DB Schenker eyes the U.S. market. Plus, U.S. Xpress’ CEO sees big things coming for its Variant division, and flatbed operator Daseke reports earnings and issues a mixed outlook for 2021.
Could DB Schenker be the next TFI International? TFI just agreed to buy UPS Freight. DB Schenker is ready to become a pure play trucker in the U.S. and will be looking for sellers.
There’s a steep learning curve for importers and exporters now that the U.K. is no longer part of the European Union. Botched customs forms are leading to freight backlogs.
Paul Brady succeeds company founder Mitch Weseley.
Lufthansa and DB Schenker are working together to increase the market for alternative aviation fuels.
Good luck finding an available aircraft to haul your goods at a reasonable price for the next three months. Competition for airlift is fierce these days. Find out why.
Truckload volumes and rates may have plateaued…for now.
Companies have to spend more time trying to find cargo space for their goods with more than half the global passenger fleet still grounded by the coronavirus. The good news is carriers and logistics companies continue to add services.
The freight-forwarding arms of DHL and DB Schenker are adding air capacity by leasing aircraft from all-cargo operators. The new services and features from DHL and FedEx are designed to meet growing demand associated with COVID and greater temperature requirements.
Katharina Rath will be tasked with driving German logistics giant’s “global transformation process.”
A.P. Moller-Maersk’s recent announcement that Damco will no longer exist as a separate brand is expected to drive some shippers into the arms of others.
The logistics sector specializes in figuring out creative solutions to transportation and trade impediments, and a pandemic is the ultimate test. Check out what DB Schenker and Airbus are doing to increase airfreight capacity.
The coronavirus has created a weird market dynamic for airfreight in China. There is very little demand for scheduled flights to move manufactured goods, but charter flights are in high demand to get medical and relief supplies to China. And airfreight rates are poised to jump once Chinese factories fire back up.
Importers and exporters can expect shipping delays and skyrocketing transportation budgets associated with the logistics challenges in China associated with the coronavirus in China. But there are steps companies can take to minimize the damage to customers and their bottom lines.
Boeing’s 737 MAX production won’t come rushing back as soon as regulators lift the aircraft’s flight ban. Slow and steady is the plan.
DB Schenker, the freight transportation and contract logistics arm of German rail operator Deutsche Bahn AG, is the latest company to feel the downstream effects of the shutdown of Boeing […]
But an undercover survey finds that traditional forwarders face increased pressure from container lines and digital forwarders.
DB Schenker’s head of Americas says uncertainty arising from events such as the U.S.-China tariff war means shippers will increasingly need to source from multiple countries and adjust inventory.
Germany’s DB Schenker is joining the ranks of logistics companies that aim to bring cargo booking online. One of the top five freight forwarders in the world, DB Schenker said […]
Einride has introduced a Level 4 autonomous electric truck that will transport cargo between a warehouse and a terminal in DB Schenker’s facility.
Gilbert becomes first president of fast-growing unit.
Dry van rates hit air-pocket last month and lose altitude; but other indicators of freight economy still looking up.
Industry veteran Jeffery Barrie has been named CEO of DB Schenker USA, effective Nov. 1, 2018. Barrie will lead all operations in the U.S. and report directly to Philippe Gilbert, Region Americas CEO.
Pay particular attention to analytics-driven IoT platforms, computing at the edge, and data exchange brokerages (DEBs), as IoT influences everything from home security systems, to oil and gas exploration, to smart cities, to retail experiences, and beyond.