DB Schenker saw a strong rise of contract logistics

Air and sea freight developed positively with DB Schenker; Land transport lagged behind in the first six months of 2016

DB Schenker saw a strong rise of contract logistics

At DB Schenker, developments in the first six months of 2016 were primarily positive. Land transport by truck saw a slight drop of 0.3 percent in the number of consignments, while air freight rose by 0.9 percent. Ocean freight grew 2.4 percent, and contract logistics took a major step forward once again, with revenues up 7.8 percent.

Following an unsatisfactory fiscal year in 2015, the Deutsche Bahn group reported more positive figures for the first half of 2016. Adjusted earnings before interest and taxes (EBIT) rose by EUR 117 million, or 13.1 percent, to EUR 1.007 billion. At EUR 20.03 billion, Deutsche Bahn’s revenues were up slightly year on year, by 0.2 percent.

“A year after launching an extensive restructuring process at the DB Group, we are pleased to report that we have begun to see initial financial successes,” said DB CEO Dr. Rüdiger Grube in Berlin on Wednesday.

http://www.deutschebahn.com/

 

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