DB SCHENKER
DSV, CVC seen as lead contenders for Schenker after Maersk drops
DSV and CVC emerge as top contenders for DB Schenker after Maersk exits. The potential deal could reshape Euro logistics, with Deutsche Bahn aiming to modernize operations through the sale.
Deutsche Bahn invites fresh bids for €15 billion logistics arm
Deutsche Bahn AG has evaluated bids for DB Schenker. Companies such as CVC, Carlyle, DSV, Maersk, MSC, Bahri, ADQ are the potential buyers.
Boeing opens warehousing facility in UP for parts supply
Boeing opened a warehousing facility in Uttar Pradesh, India for parts supply in collaboration with DB Schenker, which supports regional aviation customers. The distribution center reduces lead times and improves availability of spare parts for Boeing aircraft in India. It reaffirms Boeing's commitment to supporting growth in India.
DB Schenker India signs pact with CONCOR
The two organisations will provide a bouquet of services to customers, helping them further improve 'ease of doing business,' Sanjay Swarup, chairman and managing director of CONCOR, said.
Forging a new path: ET Women Ahead shines spotlight on the most successful women in India Inc
The final list of 29 – selected from an initial list of 115 female leaders from corporate India – are the names to keenly watch for in the days ahead. If previous track records are anything to go by, they are all set to scale even greater heights in India Inc.
ETPWLA 2023: Meet the shortlisted nominees ahead of the Grand Finale in August
Ahead of the ETPWLA 2023 grand finale on August 4, 2023, ET is proud to announce the shortlisted nominees — women leaders, trailblazers, and changemakers — who have taken a significant leap in leadership, setting new benchmarks and achieving new milestones over the past year in their respective fields.
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ETPWLA 2023: Announcing the nominees for the HR Leader of the Year Award
As the grand finale of the ETPrime Women Leadership Awards (ETPWLA) 2023 draws near, the Economic Times takes great pride in presenting the distinguished nominees for the esteemed HR Leader of the Year Award. These exceptional female executives have established unparalleled benchmarks and reached extraordinary milestones in the realm of human resource management and leadership over the course of the preceding year.
Is the global supply chain crisis over? NY Fed says yes, stakeholders in India remain sceptical
A recent announcement by the Federal Reserve Bank of New York claims global supply chains are returning to normal levels. However, several experts in India are not yet convinced by the observation.
DB Schenker uses ultra-thin high-tech labels for shipment tracking
The label is designed in such a way that it sends real-time data related to location and temperature on the mobile network.
German rail readies sale of logistics unit DB Schenker
Schenker, a 150-year-old company, in the first half of 2022 posted 1.2 billion euros in earnings before interest and taxes.
German logistics firm to print parts to cut supply chain woes
The coronavirus pandemic upturned global transport, leading to bottlenecks and long delivery times, which have still to ease in some sectors.
Ship emission norms, war in Europe & demand slowdown cloud predictability of ocean freight rates: DB Schenker
As disruptions become more frequent and widespread, supply chains will have to be more flexible, agile, and have back up plans to cater to instability.
Exporters face a 30-35% decline in Christmas orders; industry braces for challenging times ahead
Exporters in India are feeling the pinch as orders from global markets are getting postponed or being put on hold. With inventories piling up for US retailers and discretionary spending getting cut, the peak season for business is not ringing in any Christmas cheer.
ET Rise World MSME Day 2022: Experts discuss on building self-reliant MSMEs
The event saw various panel discussions on understanding how technology, leadership, policies, skills and the entire ecosystem need to develop new capabilities and be prepared for a new world.
DB Schenker appoints Kinjal Pande as new India CEO
“India is one of the key growth markets in the region and I am confident that Kinjal, who comes with a wealth of experience spanning various functions in the logistics industry, will be a great addition to the team," said Dr. Niklas Wilmking, Asia-Pacific CEO.
War shocks ripple across one of the world’s busiest trade lanes
Mediterranean Shipping Co. and A.P. Moller-Maersk A/S, the world’s biggest container carriers, on Tuesday halted bookings for Russian freight, with Maersk seeing “ripple effects” and “significant delays” across the region.
Gati Shakti: With ULIP, Budget wants to put $150 billion logistics sector in the fast lane
Push for PM Gati Shakti remains the key highlight for the logistics sector. The mega plan aims at building holistic infrastructure across the country.
Xander’s industrial platform acquires 1 million sq ft warehousing space near Chennai
Xander already owns 1 million square feet of warehouses in the FTWZ that were acquired over the last decade, and the new acquisition will double its ownership in the park to 2 million sq ft.
DB Schenker and Cargolux announce tieup from January 2021
The new weekly connection between Luxembourg and Indianapolis makes DB Schenker’s portfolio of customizable services available in the world’s regions with the highest demand for healthcare and pharmaceutical products.
Lufthansa Cargo DB Schenker team up for first sustainable fuel flight
“This first CO2-neutral freight flight was made possible by a cooperation between DB Schenker and Lufthansa Cargo. The logistics service provider and the air freight company transported goods from Siemens Healthineers AG, among others, on this flight,” said a statement.
Integrated logistics major DB Schenker to launch Connect 4.0 shipping platform in India
The company is aggressively focusing on developing local logistics capabilities to capitalize on India’s growing market.
Logistics major D B Schenker aims to double warehousing space to 7 million sq ft
Nearly, half of the company's revenue comes from the air logistics business where it has contracts with airliners to fly cargo to destinations.
Homebuyers' interest up with govt focus on affordable housing: HDFC
HDFC was also adjudged as the second best in the Middle Income Group category under the government's flagship scheme 'Pradhan Mantri Awas Yojana'.
Hike in income cap for priority sector lending to help more people get home loans
The government has supported the housing sector through affordable housing fund.
Apple to set up a distribution centre through its logistics partner in India
One executive said the distribution centre will help Apple provide hardware such as Mac computers tailored to business customers.
DB Schenker India's first CSR program for 2015 focuses on skill development
A total of 40 students were enrolled in the first batch, with 120 more to be trained in three subsequent batches throughout the course of the year.
DB Schenker appoints Oliver Bohm as CEO for India
The logistics company is part of DB Schenker, the transport and logistics division of Deutsche Bahn AG in Germany.
Dassualt Systemes to acquire Dutch firm Quintiq for $337 million
Quintiq is a provider of on-premise and on-cloud supply chain and operations planning & optimisation software.
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