The first deliveries of wood chips from UPM Biochemicals have been delivered by DB Cargo to the world’s first biorefinery at Leuna in Germany.
Category: DB Cargo
Danish DSV becomes frontrunner for DB Schenker acquisition
The sale of DB Schenker, Deutsche Bahn’s logistics arm, might have found its suitor. Danish shipping giant DSV signed an agreement with two investment banks to gather enough funds to conclude the purchase. On the other hand, DHL officially withdrew from the race. DSV is cooperating with French BNP Paribas and the British-Chinese credit institution […]
More GDL strikes will come, but no date has been set yet
A solution to the dispute between Deutsche Bahn (DB) and the German Union of Train Drivers (GDL) still seems unattainable after roughly five months of negotiations. Another round of strikes is in the books, but more are on the horizon, as GDL’s boss Claus Weselsky pointed out. During a video interview with German media outlet […]
DB Cargo restructuring: massive job cuts or not?
DB Cargo is attempting to improve its loss-making performance, and plans entail restructuring the company’s business. In doing so, Europe’s largest freight operator aims to outsource a large part of operations to other companies, some of them DB subsidiaries. This process will open the way for DB to focus closely on the remaining operations by […]
EU may break up DB Cargo due to losses
The European Union may break up DB Cargo due to the rail operator’s large losses, which have reached nearly 500 million euros. Company sources reported to Reuters that the EU may consider the figures and subsequent government support to be distorting the market. The Deutsche Bahn subsidiary incurred losses that were twice as high as […]
DB Cargo Scandinavia to launch pilot service to Danish port town Hirtshals
DB Cargo Scandinavia is launching a pilot rail freight service to the Danish port town of Hirtshals. The port, located at the northern tip of mainland Denmark, provides ferry services to Norway. The pilot is part of the 3-year multimodal Green Jutland Corridor project, which looks to connect Denmark, Sweden and Norway. According to DB […]