Logistics

DB Schenker's earnings almost halved

Despite the decline, the freight forwarding group is crucial in securing a profit for its owners, Deutsche Bahn.
Both revenue and operating profit at DB Schenker were affected by a "very challenging market environment" in the first half of the year. | Photo: Marvin Ibo G'ng'r/AP/Ritzau Scanpix
Both revenue and operating profit at DB Schenker were affected by a "very challenging market environment" in the first half of the year. | Photo: Marvin Ibo G'ng'r/AP/Ritzau Scanpix
by JAKOB SKOVLUND

Similar to the majority of other global logistics players, German freight forwarder DB Schenker can see its bottom line decline after a period with sky-high earnings levels during the corona pandemic.

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