All DB Schenker articles – Page 2
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News
Bloomberg: Private equity and shipping giants circle DB Schenker
German forwarding and logistics company DB Schenker has attracted bids from shipping and logistics giants as well as a private equity consortium.According to a report in Bloomberg, a consortium led by CVC Capital Partners and Carlyle Group has submitted a bid worth around €14bn.Meanwhile, DSV, AP Moller Maersk and Mediterranean ...
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NewsRobots help Munich Airport step up automation
evoBOT and O³dyn. Copyright: Fraunhofer IML, Vinzenz NeugebauerRobots are helping Munich Airport step up automation and efficiency in its operations through a project that aims to embed digital technologies in air cargo handling.The initial results of a Digital Testbed Air Cargo (DTAC) research project at Munich Airport have been demonstrated ...
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NewsDB Schenker appoints new CEO for UK & Ireland
Source: DB Schenker. Copyright: Paul Forgette photographyDB Schenker has appointed Aaron Scott as chief executive of its UK & Ireland business, replacing Ray Hennessy who is retiring after eight years in the role.Scott joined the company in 2021 and additionally holds the position of executive vice president of contract logistics ...
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News
DB Schenker continues to expand airline API connections
DB Schenker has continued to build API connections with airlines to speed up the cargo booking process, this time connecting with Emirates SkyCargo.The host-to-host connection with DB Schenker’s internal booking platform provides agents with direct access to Emirates SkyCargo’s schedules, standard and contract tariff rates and available capacity, as well ...
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NewsDB Schenker widens GDP certification to support pharma shipments
Photo: DB SchenkerDB Schenker is supporting its pharma business with increased Good Distribution Practice (GDP) compliance.The company now has certifications in accordance with GDP standards for 157 of its stations. These certifications cover key markets in the Americas, Europe and Asia for the global trade of medical goods."By achieving this ...
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NewsDB Schenker launches onboard courier service
Thorste Meincke. Photo: DB SchenkerDB Schenker has introduced a standardised onboard courier (OBC) service for customers in need of urgent courier service solutions for small and high-value shipments.The logistics company has set up an OBC service team that operates from three different continents to guarantee a 24/7 availability for OBC ...
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News
More than 20 parties interested in buying DB Schenker
Deutsche Bahn (DB) yesterday provided an update on its plan to sell DB Schenker during the announcement of its full-year results, which showed the forwarder delivered a "reliable" profit performance.Levin Holle, member of the board responsible for finance and DB Schenker, said that more than 20 parties had registered an ...
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NewsDHL not looking to buy DB Schenker
DHL Group CEO Tobias Meyer. Photo: DHL GroupDHL Group has declared itself out of the running for acquiring DB Schenker following much speculation over which company will buy the freight forwarder.The German logistics company's chief executive Tobias Meyer said on March 6 that DB Schenker was determined "not a good ...
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News
Cathay Cargo and DB Schenker connect through API
DB Schenker and Cathay Cargo have connected their system through an application programming interface (API) that will allow the forwarder to make direct bookings on the airline's flights.The two firms said the connection would allow the forwarder to access Cathay Cargo's Click & Ship booking platform through its in-house system ...
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NewsMaersk weighs up DB Schenker bid
Source: ricochet64/Shutterstock.comShipping giant AP Moller Maersk says it would now consider making an offer for top-4 airfreight forwarder DB Schenker after previously dismissing the idea.Speaking after announcing its fourth-quarter results, chief executive Vincent Clerc said the company had now changed its mind on a possible bid for the forwarder given ...
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News
Pharma.Aero welcomes six new members
The addition of six new members will help air cargo organisation Pharma.Aero advance new projects aimed at improving life-science supply chains, the organisation said.The companies joining the group as full members are logistics firms DB Schenker and JAS, while airline MSC Air Cargo, tracking device provider OnAsset Intelligence and logistics ...
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NewsDB Schenker names Asia Pacific chief executive
Vishal Sharma Photo DB Schenker from press release.jpgDB Schenker has appointed Vishal Sharma as the new chief executive for the Asia Pacific region.Sharma brings more than 30 years of experience in the logistics sector and has been serving as chief executive for the freight forwarder's Greater China cluster since 2021.He ...
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Gradual increase in airfreight expected as Red Sea crisis could last months
Scan Global Logistics expects a slow but steady increase in airfreight volumes amid predictions that the Red Sea conflict could last months.The logistics company said in a January 12 market update that there hasn't been a drastic increase in airfreight volumes as a result of the impact of the Red ...
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NewsAir Cargo News' most-read stories 2023
Photo: Khongtham/Shutterstock.The past 12 months have been another tough period for the air cargo market as a sluggish global economy transferred through to weak air cargo volumes.However, airfreight rates and revenues remained above pre-covid levels and e-commerce and other special product categories continued to support the market. There were also ...
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NewsDB Schenker sale process underway as firm is officially on the market
Deutsche Bahn has confirmed that subsidiary DB Schenker is officially up for sale a year after it began examining the possibility of selling its freight forwarding and logistics business.The state-owned German railways giant said in a statement this morning that it has launched the sales process for the world's fourth-largest ...
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News
Abu Dhabi wealth fund eyes DB Schenker?
It is just over a year ago that Deutsche Bahn announced it would examine how best to offload freight forwarding and logistics business DB Schenker.Since the state-owned German railways giant made that statement, there has been no further announcements on the progress of the sale directly from Deutsche Bahn itself.Instead, ...
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News
DB Schenker continues to roll out API connections with airlines
DB Schenker is continuing to add direct Application Programming Interface (API) connections with airlines' booking systems.This week, the forwarder announced it had created another API link, this time with American Airlines Cargo.The digitalisation investment is anticipated to streamline, simplify and speed up the air cargo shipment booking process, as well ...
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E-commerce service providers gearing up for Singles Day
There is likely to be a busy Singles’ Day for the e-commerce sector this year, says London-based online delivery service provider ParcelHero.With money tighter than ever, Singles Day is ideally timed for early-bird Christmas bargain hunters, ParcelHero believes. It said that we should expect a £2bn ($2.46bn) shopping spree this ...
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NewsDB Schenker all set for Singles’ Day and Black Friday
Inside a DB Schenker warehouse, Copyright DB Schenker Lauren WallenbergGermany-headquartered logistics giant DB Schenker is ramping up its e-commerce business as two important dates in the retail calendar approach: China’s Singles Day on November 11 and Black Friday on November 24.For e-commerce, they also mark the start of the most ...
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News
DB Schenker to be sold as a complete unit and not split up
Deutsche Bahn will sell its logistics business, DB Schenker, as a complete unit rather than splitting it up into smaller units.Air Cargo News sister title DVZ reported that the Deutsche Bahn supervisory board was this week told that after months of examining various options, a complete sale was the most ...