DB Schenker

DB Schenker, Volvo Cars reduce shipping emissions using biofuel

DB Schenker and Volvo Cars have decided to partner on ocean freight sustainability, shipping 12,000 TEUs with automotive spare parts on vessels using biofuel that will reduce CO2 emissions by 84% per container.

In total over a year, this saves roughly 9,000 tons of CO2 compared to ocean freight vessels powered by fossil fuel, according to a statement.

The programme started in June and connects, among others, Volvo Cars’ Gothenburg production plant in Sweden with the ports of Savannah, Newark, and...

https://container-news.com/db-schenker-volvo-cars-reduce-shipping-emissions-using-biofuel/

DB Schenker opens new warehouse in South Korea

DB Schenker Korea has announced the launch of a new 40,000 m² global distribution and logistics centre, KLC2, in Incheon Free trade zone.

DB Schenker said the newly opened KLC 2 warehouse features TAPA A, LEED GOLD certification, and adhered to NFPA standards, in addition to superior quality management systems and values.

“It is one of the largest investments for DB Schenker in the Asia-Pacific (APAC) region,” highlighted the German logistics company.

The post DB Schenker opens new warehouse in...

https://container-news.com/db-schenker-opens-new-warehouse-in-south-korea/

DB Schenker to bring first Prototype Volta Zero truck on the road

DB Schenker, a logistics service provider, has been presented the first pilot Volta Zero truck taking part in the European field test.

The company visited the Volta Trucks’ contract manufacturing facility in Steyr, Austria, to see the final prototype generation of the all-electric Volta Zero truck in pre-production.

In particular, 150 Volta Trucks will be handed over to DB Schenker in 2023.

Cyrille Bonjean, head of land transport at DB Schenker Europe, commented, “The feedback of our drivers and...

https://container-news.com/db-schenker-to-bring-first-prototype-volta-zero-truck-on-the-road/

MSC, DB Schenker seal biofuel deal

World’s largest container line MSC and global freight forwarder DB Schenker have made an agreement according to which, DB Schenker will use 12,000 metric tons of biofuel component for all of its own consolidated cargo, less-than-container load (LCL), full-container-load (FCL) and refrigerated containers (reefer containers), from MSC.

According to a joint statement, the amount of biofuel purchased is enough to save an additional 35,000 metric tons of CO2 equivalents (CO2e) along the entire...

https://container-news.com/msc-db-schenker-seal-biofuel-deal/

MSC inks biofuel deal with DB Schenker to reduce supply chain emissions

Swiss shipping giant Mediterranean Shipping Company (MSC) has signed an agreement with German freight forwarder DB Schenker for the use of 12,000 metric tons of biofuel components for all of DB Schenker’s consolidated cargo, less-than-container load (LCL), full-container-load (FCL) and refrigerated...

https://www.offshore-energy.biz/msc-inks-biofuel-deal-with-db-schenker-to-reduce-supply-chain-emissions/

Deutsche Bahn to consider sale of huge Schenker logistics unit

German national railway company Deutsche Bahn AG is ready to sell its profitable logistics unit, DB Schenker, or offer shares in the public market.

The parent company said Thursday that it will explore the potential sale of DB Schenker, the fourth-largest logistics provider in the world by revenue, after a vote by its board of directors.  

Revenue from any sale would be used to pay down Deutsche Bahn’s heavy debt load.

The rationale for a sale is that DB Schenker can grow faster with a company...

https://www.freightwaves.com/news/deutsche-bahn-to-consider-sale-of-huge-schenker-logistics-unit

An inconvenient truth about electric trucks

A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks. Inadequate infrastructure, a lack of drivers and traffic congestion will frustrate meaningful expansion for sometime to come.

Jolt of electric truck reality 

A visit to the aging DB Schenker freight distribution center outside Frankfurt, Germany, injected a jolt of reality about electric trucks. The near giddiness surrounding the reveal of battery-electric and...

https://www.freightwaves.com/news/truck-tech-deutschland-dispatches-edition

Done deal: USA Truck now part of DB Schenker

USA Truck tractor-trailer on highway

Arkansas-based truckload carrier USA Truck announced Thursday the completion of its sale to German 3PL DB Schenker. The transaction was settled at $31.72 per share, a 118% premium to the carrier’s share price ahead of the June deal announcement.

A deal price of approximately $435 million included consideration of $290 million paid by DB Schenker in addition to the assumption of USA Truck’s (NASDAQ: USAK) cash and debt. The enterprise value implies the transaction was executed at roughly 5x...

https://www.freightwaves.com/news/done-deal-usa-truck-now-part-of-db-schenker

DB Schenker taps Latam Cargo for dedicated South America air service

A LATAM Cargo jet, with blue lettering, sits on the tarmac.

German logistics powerhouse DB Schenker has initiated its first trans-Atlantic air charter to Latin America with a Boeing 767 freighter operated by Latam Cargo, which last week added another aircraft to its fleet to expand service to Europe.

The logistics arm of German national rail carrier Deutsche Bahn has an intercontinental air network enabled by leased freighters operating between Asia, Europe and North America. Schenker essentially functions as a quasi-airline, contracting with all-cargo...

https://www.freightwaves.com/news/db-schenker-taps-latam-cargo-for-dedicated-south-america-air-service

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