El fabricante danés de turbinas eólicas Vestas dijo hoy que se complace en anunciar que Jakob Wegge-Larsen se convertirá en su director financiero, uniéndose al equipo de dirección ejecutiva de la empresa.Jakob Wegge-Larsen se incorporará a Vestas procedente de DB Schenker, donde actualmente ocupa...
DB Schenker
Logistics companies charter Etihad freighters to transport Chinese goods
Etihad Airways on Tuesday began operating two new freighter routes from China to Europe – one for a customer in Asia and the other a dedicated service flown on behalf of German logistics provider DB Schenker.
Etihad Cargo, which operates five Boeing 777 freighters in addition to managing cargo carried in the lower deck of the company’s passenger fleet, expanded its freighter network with the introduction of a weekly service to Paris Charles de Gaulle Airport. The flight will offer an additional...
DB Schenker opens air cargo route between China and Germany
On 7 January, DB Schenker launched a new Ezhou-Frankfurt regular cargo route with the inaugural flight of a Boeing 777 freighter from the Chinese Ezhou Huahu International Airport to Frankfurt, Germany.
The route, operated by Etihad Cargo, will run weekly with a stopover in Abu Dhabi, transporting diverse goods including e-commerce, high-tech, electronics, and automotive parts. It is also expected to handle an annual cargo volume of 5,200 tons, bolstering Sino-European trade and economic ties.
She...
https://container-news.com/db-schenker-opens-air-cargo-route-between-china-and-germany/
DB Schenker adds Volvo FM Electric trucks to its fleet
By adding 40 Volvo FM Electric trucks to its German fleet, DB Schenker is advancing its commitment to a sustainable future in the logistics sector.
These 20-ton electric trucks, equipped for trailer operations, are well-suited for both urban and regional transport. Starting in December 2024, the new vehicles will be deployed across Germany.
In its pursuit of sustainable logistics, DB Schenker continues to invest in innovative, low-emission solutions for land, air, and sea freight to meet the...
https://container-news.com/db-schenker-adds-volvo-fm-electric-trucks-to-its-fleet/
DSV posts first positive earnings since 2022
Global logistics provider DSV posted earnings growth on higher volume and gross profit in the third quarter, its first year-on-year gains since 2022.
Denmark-based DSV (CPSE: DSV) reported continuing improvement in earnings driven by positive volume growth across all divisions.
Quarterly gross profit improved by 4.8% to $1 billion, and earnings before interest and taxes and before special items was 1.5% higher at $400 million compared to the same period in 2023, leading to sequential growth in...
https://www.freightwaves.com/news/dsv-posts-first-positive-earnings-since-2022
Deutsche Bahn’s Supervisory Board approves DB Schenker sale
The Supervisory Board of Deutsche Bahn AG gave the green light to the sale of DB Schenker to the Danish transport and logistics company DSV at a meeting on 2 October.
At the same time, the federal government granted the approval required for the transaction under the Federal Budget Code (BHO).
The sale is expected to be completed in 2025 once all regulatory approvals have been obtained.
On 13 September, the Management Board of DB AG signed an agreement under which it sold its logistics subsidiary...
https://container-news.com/deutsche-bahns-supervisory-board-approves-db-schenker-sale/
Schenker sale to DSV approved
The supervisory board of Germany’s Deutsche Bahn AG (DB) on Wednesday approved the sale of forwarder Schenker to Danish logistics group DSV.
The combined companies will have revenue of $43.5 billion, ranking ahead of current leading global forwarder Kuehne+Nagel of Switzerland, at $28.11 billion. The joint workforce will total around 147,000 employees at 1,850 locations in more than 130 countries.
Also on Wednesday, the German government granted its approval of the sale, which is expected to be...
https://www.freightwaves.com/news/schenker-sale-to-dsv-approved
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 failed in its bid for Schenker, a unit of German railway Deutsche Bahn (DB).
A preliminary agreement would be signed in the coming days, the news service reported, quoting...
https://www.freightwaves.com/news/report-dsv-wins-schenker-bidding
DSV wins DB Schenker acquisition race
According to a latest Reuters report, Danish logistics firm DSV will acquire Deutsche Bahn’s rail logistics arm DB Schenker.
The transcation cost will amount around US$15.5 billion and the contract will be signed in the next days, after the deal receives the approval by Deutsche Bahn’s supervisory board.
DSV’s latest competitor was Luxemburg-headquartered financial investor CVC, which was the only contender remaining in the race until the end.
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https://container-news.com/dsv-wins-db-schenker-acquisition-race/
Schenker sale could create US logistics powerhouse
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