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Deutsche Bahn Approves Logistics Unit Sale to DSV

DSV won approval to buy Deutsche Bahn’s logistics unit for $15.8 billion, overcoming resistance from German labor unions and late attempts by a rival bidder to derail the deal.

October 3, 2024

Businesses Weigh Fallout From Dockworkers Strike

As day one of the dockworkers strike unfolded, economists were trying to quantify the damage from the supply chain disruption caused by the closure of 36 ports.

October 2, 2024

DB Schenker Sale Faces Decisive Vote

Deutsche Bahn AG’s planned 4.3 billion-euro ($15.8 billion) sale of its logistics arm is facing a decisive vote Oct. 2.

October 2, 2024

60 Seconds: In-Store Shopping Back In Trend

An accelerated transition toward in-store shopping from ordering online is underway and set to aid the nascent #freight environment recovery, according to observers. 

October 1, 2024

Dockworkers Hit the Picket Lines

PHILADELPHIA — Dockworkers at ports from Maine to Texas began walking picket lines early Oct. 1 in a strike over wages and automation.

October 1, 2024

Largest Strike in Decades Begins at East, Gulf Coast Ports

U.S. dockworkers at ports along the East and Gulf Coasts began their first major strike in decades Oct. 1 in a move that threatens to have downstream impacts on trucking.

October 1, 2024

Farmers Brace for Supply Chain Delays as Dock Strike Begins

Growers already have been struggling with declining farm incomes because of high input costs, global competition and low commodity prices.

September 30, 2024

CVC’s Last-Attempt DB Schenker Bids Called ‘Inferior’

Deutsche Bahn said bids submitted by private equity fund CVC Capital Partners remain “inferior†to the winner’s offer, the latest twist in the $16 billion battle for its logistics unit.

September 30, 2024

Strike at Ports Could Affect Holiday Shopping

A lengthy ports shutdown could raise prices on goods around the country and potentially cause shortages and price increases at retailers as the holiday shopping season approaches.

September 30, 2024