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DB Schenker

Stuart Chirls Thursday, September 12, 2024

Report: DSV wins Schenker bidding

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 bidder, Reuters reported, in a deal worth 14 billion euros ($15.43 billion). A consortium of private investors led by CVC Capital Partners of New York […]

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Eric Kulisch Thursday, January 23, 2020

DB Schenker cuts logistics jobs tied to Boeing 737 MAX

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 Co.’s 737 MAX production line. Schenker Inc. in Wichita, Kansas, notified the state this week that it plans to lay off 255 workers, according to […]

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Chris Dupin Friday, September 13, 2019

Living with uncertainty

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.

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FreightWaves Staff Tuesday, July 30, 2019

Port Report: DB Schenker adding online freight quotes

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 it will introduce its connect 4.0 platform to North American shippers.  Connect 4.0 allows customers to make and to book general cargo transportation. DB Schenker […]

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