Tag: Forwarders & Freight Offices
Deutsche Bahn subsidiary Schenker is apparently to be sold
DB Schenker The logistics company could be separated from Deutsche Bahn. (Photo: dpa) Berlin According to insiders, after a long struggle, the federal government has decided to sell the international…
Kühne wants to buy more shares in the airline
Klaus Michael Kuehne The logistics company is gradually taking on the role of an anchor shareholder. (Photo: Carsten Dammann for Handelsblatt) Frankfurt Logistics entrepreneur Klaus-Michael Kühne recently declared that he…
Mercedes-Benz lays off 3,600 workers in Brazil
Group headquarters of Daimler-Benz AG in Stuttgart The automotive group produces in Brazil, among other places. (Photo: imago images/imagebroker) Sao Paulo As part of a restructuring, Mercedes-Benz is laying off…
Fashion, airport, football: Zeitfracht boss relies on surprises
Frankfurt Anyone who asks Wolfram Simon-Schröter whether he still knows what he is doing in view of all his acquisitions will only get a short sentence as an answer: “The…
Europe’s largest food logistics company is struggling for capacity
Hamburg In the corona crisis, frugality saved the Nagel-Group freight forwarding group from an impending business slump. In the middle of the pandemic, the family company even managed to improve…
Bahn subsidiary Schenker brings the group into the profit zone
freight train Only a billion profit from the logistics subsidiary Schenker brings Deutsche Bahn into the black. (Photo: dpa) Frankfurt A billion-dollar profit by the rail logistics subsidiary Schenker has…
CEO says goodbye with a jump in profits
Kuehne + Nagel logistics center in Germany The designated CEO Stefan Paul trimmed the truck freight division for profit. (Photo: Bloomberg/Getty Images) Zurich Kuehne+Nagel benefits from global logistics chaos. The…
How new models lead out of crisis mode
The picture went around the world: Hundreds of ships were backed up in front of the Suez Canal after the Ever Given accident. The incident was a lesson: It only…
Hapag-Lloyd equips three million containers with sensors
Container loading in the seaport of Rotterdam Hapag-Lloyd wants to equip all of its own containers with sensors. (Photo: IMAGO/Jochen Tack) Dusseldorf Hamburg-based Hapag-Lloyd will be the first shipping company…
Federal government pushes Getreidebrücke forward with guarantees and subsidies
Berlin The German agricultural traders are calling for concerted action by politicians and business to organize grain exports from the Ukraine at the beginning of the harvest season and to…
Hundreds of container ships are dammed up in the North Sea
Dusseldorf The traffic jams in container shipping, which have been causing massive delivery bottlenecks in world trade since autumn 2021, are increasingly shifting from the port cities of the USA…
Nagel predicts the end of the moderate wage policy
Joachim Nagel He reiterated his desire for an early rate hike. (Photo: dpa) Frankfurt Because of the high inflation, Bundesbank President Joachim Nagel expects the moderate wage policy in Germany,…
After the first interest rate step, others can quickly follow
Nagel with ECB boss Lagarde at the G7 finance ministers’ meeting Now is the time to fight inflation, says the head of the Bundesbank. (Photo: Bloomberg) royal winter According to…
Shipping company becomes anchor shareholder in Air France KLM
Dusseldorf French shipping giant CMA CGM is using its exuberant sea freight profits to become an anchor shareholder in airline Air France-KLM. Both companies announced this on Wednesday. The shipping…
MSC, Maersk and CMA CGM: Shipping companies enter the logistics industry
Maersk Terminal in the Port of Los Angeles The shipping giant has made several acquisitions in recent months. (Photo: AP) Dusseldorf The high profits of the large shipping companies are…
MSC, Maersk and CMA CGM: Shipping companies enter the logistics industry
Maersk Terminal in the Port of Los Angeles The shipping giant has made several acquisitions in recent months. (Photo: AP) Dusseldorf The high profits of the large shipping companies are…
Ship jams in Shanghai continue for months
shanghai The port of the metropolis has been hit hard by the city’s tough lockdowns. (Photo: dpa) Munich According to Allianz shipping experts, the mega-traffic jam in the world’s largest…
Merchants unite against shipping companies
Container ship “Laila” The Xstaff dealer association has chartered freighters like this several times. Dusseldorf The sluggish supply of goods from overseas means that European importers are increasingly resorting to…
Merchants unite against shipping companies
Container ship “Laila” The Xstaff dealer association has chartered freighters like this several times. Dusseldorf The sluggish supply of goods from overseas means that European importers are increasingly resorting to…
Digitization: Automation can save jobs
Autonomous transport vehicle from Fernride A single teleoperator can take care of several trucks at the same time. (Photo: Fernride) Entrepreneurs in Germany only have to put words like robots,…