ShippingWatch

DSV Panalpina rumored to show interest in buying DB Schenker

DSV Panalpina is rumored to be interested in acquiring Deutsche Bahn's logistics division, DB Schenker. The company's head of investor relations calls the rumors "pure speculation", according to Bloomberg News. DSV recently bought Agility's logistics business.

Photo: Lars Krabbe/Ritzau Scanpix

On Wednesday afternoon, rumors emerged that DSV Panalpina has shown interest in acquiring Deutsche Bahn's logistics division, DB Schenker.

The acquisition would be in accordance with the Danish company's growth strategy, assesses investment bank Citigroup after the report in German newspaper Manager Magazin, which states that DB Schenker has attracted interest from several logistics companies, including DSV Panalpina.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Tradelens hopeful that major Maersk rivals will soon be integrated

Hapag-Lloyd and ONE continues to be absent on the digital platform Tradelens even though they announced they would join two years ago. "We are hopeful that they will be joining very soon," says Head of Tradelens Mike White. Hapag-Lloyd expects to make a decision soon.

Further reading

Related articles

Latest news

See all jobs