Maersk Will Consider Possible DB Schenker Deal

Thursday, February 8, 2024

A.P. Moller-Maersk will consider whether to buy Germany's DB Schenker, the logistics arm of Deutsche Bahn which was put for sale last year, its CEO said on Thursday.

"It will have consequences whether we do the deal or don't do the deal because it changes the landscape in logistics ... It would not be responsible of us not to look into it," Vincent Clerc told an investor call after reporting Q4 profit below expectations.

(Reuters - Reporting by Stine Jacobsen, editing by Terje Solsvik)

Categories: Logistics Cargo Container Shipping

Related Stories

US Tariffs Expected to Cause Supply Chain Disruption

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Rear Adm. Philip Sobeck: MSC Needs More Mariners, New Ships

Current News

UK Bill Banning Live Animal Export Ready for Royal Assent

DP World Opens New Sites in Romania

Port of Hamburg Offering Shore Power for Containerships

Great Sodus Bay Breakwater Repair Out for Proposals

Subscribe for Maritime Logistics Professional E‑News