Db schenker

DB Schenker serves established markets and emerging national economies as an integrated transport and db schenker services provider with a global network. In land transport, the network connects the most important economic regions in Europe.

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Db schenker

The company was acquired by Deutsche Bahn as Schenker-Stinnes in It comprises divisions for air, land, sea freight, and Contract Logistics. In his biography, then CEO of Deutsche Bahn Hartmut Mehdorn justified the acquisition of international logistics companies with customer demand. There was no time to grow organically in such markets. DB Schenker combines all transport and logistic activities of Deutsche Bahn except rail cargo , employing over 72, staff spread across about 2, locations in about countries. In , DB Schenker cooperated with logistics startup Volocopter to introduce heavy-lift drones. Since , rail freight business no longer operates under the brand DB Schenker Rail. In November DB Schenker announced a partnership with Swedish electric commercial vehicle manufacturer Volta Trucks after having signed a pre-order of 1, Volta Zero vehicles, the most significant order for large zero-emission trucks in Europe to date. The partnership was cited as a key investment to bringing the company closer to its net zero emissions target. DB Schenker serves many global and local firms across all industries.

In land transport, the network connects the most important economic regions in Europe.

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We have come a long way, but we keep moving. We believe that we constantly have to challenge ourselves in order to develop innovative and successful transportation solutions. Not for ourselves, but for you. With DB Schenker, you have 76, employees worldwide working for you, carefully transporting your products via land, air, and ocean. Whatever the size of your business is, we provide you with opportunities from large-scale shipments to very individual solutions.

Db schenker

Maersk has appointed financial advisors to help the carrier evaluate its freight forwarder target DB Schenker which was put up for sale last year. Danish business daily Borsen reported that Maersk CEO Vincent Clerc has appointed investment bankers to assess and advise the Danish carrier in its quest to buy a major forwarder. That means we are getting the assistance and help needed to run a good process. Former research analyst Mark McVicar told Container News he believes that Clerc, by making such a bold statement during the earnings call, was sending a message to other potential buyers that Maersk is interested and to keep away. Moreover, McVicar, who covered Schenker when the company was listed, before , said that after 20 years of ownership by Deutsche Bahn during which the forwarder was seen as the poor cousin, there were low levels of investment in the company as DB focused on rail investment. In particular, he pointed to the high levels of investment required in digital trading, including booking, tracking amongst other things, necessary to bring the German forwarder up to a similar level with its immediate competitors in profitability. Nevertheless, Maersk has stopped expanding its fleet and is looking to expand other elements of its business, decreasing its dependence on port-to-port services. Another possible hitch could be that Maersk will enter into competition with its own clients, a problem that was considered with the Damco brand.

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Since , rail freight business no longer operates under the brand DB Schenker Rail. Deutsche Bahn. Tools Tools. We have selected and contracted our partners carefully. These cookies help us to improve the user friendliness of this website. News and Stories. There was no time to grow organically in such markets. Interactive key figure comparison. Never miss any news. Without these cookies, services requested through usage of our website cannot be properly provided. By clicking "Allow all Cookies" you accept the processing of your data and its transfer to first and third parties. Authority control databases VIAF. DB Schenker in German. Industry Solutions. Retrieved May 7,

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