Cathay Cargo and DB Schenker jointly held a signing ceremony on 8 October at the airline’s Cathay City headquarters to mark the global forwarder’s membership of the Cathay Corporate Sustainable Aviation Fuel (SAF) Programme. Attended by Cathay Director Cargo Tom Owen and DB Schenker Vice President Global Carrier Relation Susanne Stemmer, the ceremony marked DB Schenker’s stride forward in July to become the biggest contributor to the programme, underscoring both parties’ commitment to reducing … [Read more...] about Cathay Cargo commemorates DB Schenker’s membership of its Corporate SAF Programme with a signing ceremony
DB Schenker
Deutsche Bahn signs agreement to sell logistics subsidiary DB Schenker to DSV
The Management Board of Deutsche Bahn AG signed an agreement on 13 September 2024 for the sale of its logistics subsidiary DB Schenker to the Danish transport and logistics group DSV for an enterprise value (EV) of EUR 14.3 billion. Including expected interest income until completion, the total sales value amounts to EUR 14.8 billion. As the new owner, DSV plans to invest around one billion euros in Germany over the next three to five years. The aim is to create a global market leader in the … [Read more...] about Deutsche Bahn signs agreement to sell logistics subsidiary DB Schenker to DSV
DB Schenker establishes digital connection to more than 50 airlines
Ahead of the expected annual peak season in air transport, DB Schenker has chosen cargo.one to digitally connect with dozens more airlines from across the globe. The collaboration enhances the global logistics service provider’s portfolio of live capacity access from nine originally to over 50 airlines in total. From now on, DB Schenker can better identify suitable capacities and fitting rates for ad-hoc shipments of its customers. Thorsten Meincke, Global Board Member for Air & Ocean … [Read more...] about DB Schenker establishes digital connection to more than 50 airlines
DB Schenker signs record-breaking commitment to Cathay’s Corporate SAF programme
DB Schenker is the latest member of the air-cargo community to join Cathay’s Corporate Sustainable Aviation Fuel (SAF) Programme. With its commitment to reduce its carbon emissions through the programme, DB Schenker has become the biggest contributor to the scheme to date. The Corporate SAF Programme was established in 2022 to help tackle climate change. It enables members to purchase SAF for uplift on Cathay Pacific and Cathay Cargo flights, from Hong Kong and other ports on the network. By … [Read more...] about DB Schenker signs record-breaking commitment to Cathay’s Corporate SAF programme
DB Schenker officially opens state-of-the-art facility in Manchester
DB Schenker has officially opened its new, recently purchased purpose-built facility at Trafford Park. The £11 million freehold building provides a significant boost to the local economy and is a testament to the company’s commitment to the Greater Manchester area. Located on a 2.3 acre site, this project underscores DB Schenker’s strategic expansion across the UK & Ireland cluster alongside a dedication to sustainable development. Spanning some 47,500 square feet of warehousing and 7,500 … [Read more...] about DB Schenker officially opens state-of-the-art facility in Manchester
Aaron Scott named new CEO for DB Schenker in UK & Ireland
New CEO has extensive experience across logistics and supply chain operations --- seamless transition to new role DB Schenker has announced the appointment of Aaron Scott to the role of CEO for its UK & Ireland cluster. He succeeds Ray Hennessy who has held the position the last eight years and is moving on to a well-deserved retirement. Scott joined the company in 2021 and currently, additionally holds the position of Executive Vice President Contract Logistics for Region Europe. He … [Read more...] about Aaron Scott named new CEO for DB Schenker in UK & Ireland
