Logistics

Maersk has withdrawn from bidding war for DB Schenker

The Danish shipping group confirms it has given up on buying the German freight forwarder. It was not the right match, says Maersk’s chief exec.
”It has been a good process, ensuring that we can make the most well-informed decision possible,” says Maersk CEO, Vincent Clerc. | Photo: Tom Little/Reuters/Ritzau Scanpix
”It has been a good process, ensuring that we can make the most well-informed decision possible,” says Maersk CEO, Vincent Clerc. | Photo: Tom Little/Reuters/Ritzau Scanpix
by NIKLAS KRIGSLUND, SEBASTIAN SCHLÜTER JACOBSEN

Danish shipping group Maersk is withdrawing from the competition for German freight forwarder DB Schenker.

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