Schenker sale could create US logistics powerhouse

Capt. John

The sale of the logistics arm of Germany’s national railway has the potential to create a new supply chain powerhouse in the United States.

Final bids value DB Schenker, a unit of Deutsche Bahn, at as much as $17 billion, according to published reports.

The bids from a consortium led by U.S.-based CVC Capital Partners and Danish transport company DSV value the business at around 14 billion euros ($15.6 billion).

Schenker operates 1,850 locations worldwide with more than 725 warehouses and 72,000...

https://www.freightwaves.com/news/schenker-sale-could-create-us-logistics-powerhouse

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