Deutsche Bahn commences DB Schenker sale process

Deutsche Bahn has begun the process of selling its logistics company DB Schenker. The DB Group released an official notice outlining an open and non-discriminatory process for selling the shares. The requirement for a sale is that it must provide obvious economic benefits to Deutsche Bahn in all aspects.

According to a statement, the worldwide logistics market has outstanding long-term growth prospects and DB Schenker has a strong market position as one of the world’s top four logistics firms.

Fur...

https://container-news.com/deutsche-bahn-commences-db-schenker-sale-process/

Supply chain radar: The next green puff – it’s your turn now

It’s a gold rush as the supply chain gets green, very green, greener than ever. Obviously, there’s top dollar involved – for all those kind souls and entrepreneurs looking to save the planet.
Background
The benefits for the borrowers are pretty obvious: diversify funding in typical project financing-style while promising they “behave environmentally”, using collateral, where it applies, to exploit cheap funding while pushing back debt maturities further out in the duration …

The post Supply...

https://theloadstar.com/supply-chain-radar-the-next-green-puff-its-your-turn-now/

The Daily Dash: DB Schenker’s US plans; Variant’s growth

DB Schenker eyes US trucking market

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, DB Schenker, a leading global logistics player, has its eye set on conquering the U.S. Plus, U.S. Xpress’ CEO sees big things coming for its Variant division, and flatbed operator Daseke reports earnings and issues a mixed outlook for 2021.

A new North American player?

After decades operating a major international freight and warehousing business in the U.S., the logistics division of German rail...

https://www.freightwaves.com/news/the-daily-dash-db-schenkers-us-plans-variants-growth

Supply chain radar: DB Schenker contra mundum – the original sin

The new state aid train has not yet left the station. And whether or not it will, or when, is a massive sticking point for debt-laden Deutsche Bahn, Europe’s largest railway operator and owner of 3PL DB Schenker.
Whose latest sins are in check, all things considered.
No big fuss?
As supply chain pressure built in late Q2 ’20, DB Schenker swiftly turned confrontational, deeply annoying from the outset, one of its chief …

The post Supply chain radar: DB Schenker contra mundum – the original sin...

https://theloadstar.com/supply-chain-radar-db-schenker-contra-mundum-the-original-sin/

Supply chain radar: DB Schenker – Lather, rinse, repeat

At the end of March, state-owned Deutsche Bahn of Germany released a snapshot of its trailing 2019 financial performance, which hopefully will be fully disclosed later next month.
The headline story for the group was:
“Increase in revenues • decrease in profits • DB CEO Richard Lutz: “Investment in the future of rail will take priority in the coming years, which will be visible in our bottom line” • Impact of the …

The post Supply chain radar: DB Schenker – Lather, rinse, repeat appeared first...

https://theloadstar.com/supply-chain-radar-db-schenker-lather-rinse-repeat/

Supply chain radar: The Deutsche Bahn mess – farewell Mr Doll, it was short… and not very sweet

You might have missed some key bits of the story below – I did for well over a day – from Der Tagesspiegel, published only in German language last Friday night:
“Alexander Doll was considered a bearer of hope. Now he has to go. (…) The process illustrates the problems of the group (…). Doll, an experienced financial expert throws the towel after only one and a half years after attempting to rehabilitate one …

The post Supply chain radar: The Deutsche Bahn mess – farewell Mr Doll, it was short…...

https://theloadstar.com/supply-chain-radar-the-deutsche-bahn-mess-farewell-mr-doll-it-was-short-and-not-very-sweet/

On the wires: DB Schenker sale ‘upcoming’? Or is it just business as usual?

“Deutsche Bahn increased its debts in 2019 and the German rail company is now €3bn ($3.3bn) short of meeting its financial obligations, according to a report by the Federal Court of Auditors.” – Deutsche Welle, 13 September 2019.
When in mid-June Deutsche Bahn (DB) CEO Richard Lutz said that DB Schenker was “an integral part of our group portfolio” – essentially dismissing the divestment of the subsidiary – I pointed out that …

The post On the wires: DB Schenker sale ‘upcoming’? Or is it just...

https://theloadstar.com/on-the-wires-db-schenker-sale-upcoming-or-is-it-just-business-as-usual/

Supply chain radar: Why Geodis needs to be liberated from the SNCF quagmire

After my recent trawl through Deutsche Bahn AG’s annual report, it seems only fair to have a stab at France’s state-owned equivalent: SNCF.
At a mere 150 pages, SNCF’s 2018 update is more compact if not more concise than DB’s glossy 300-page effort. Sadly, it doesn’t have any pictures.
From a freight and logistics perspective, the upshot of our delve into Deutsche Bahn was that it probably should, but for understandable reasons …

The post Supply chain radar: Why Geodis needs to be liberated from...

https://theloadstar.com/supply-chain-radar-why-geodis-needs-to-be-liberated-from-the-sncf-quagmire/

US-China tension casts shadow over Transport Logistic in Munich

Germany is attempting to define itself as the world’s leading logistics country, as Transport Logistic in Munich kicked off this morning.
An impassioned speech by the Federal Minister of transport and digital infrastructure, Andreas Scheuer, launched the proceedings, calling for Germany to be “a little bit better” than other countries, with the environment and innovation at the heart of its thinking.
He said intelligent infrastructure was key to Germany’s Innovation Programme 2030, …

The post US-...

https://theloadstar.com/us-china-tension-casts-shadow-over-transport-logistic-in-munich/

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