Forget the job losses if DSV takes over DB Schenker — Germany is facing that anyway, at parent Deutsche Bahn.
Following the announcement of a €1bn net loss in the first half, the German rail operator and current owner of Schenker has announced 30,000 job cuts over five years — 9% of the workforce. Mostly administrative, some 1,500 jobs will go this year, according to Reuters.
Belarus is restructuring its foreign trade logistics, looking to new markets, intensifying cooperation with countries that are already importing Belarusian products. Belarus is looking for new transport routes through Central Asian countries, particularly Uzbekistan.
The half-year health check on the state of the maritime markets finds shipowners in a better place than they anticipated 12 months ago. While tankers will have to wait for a meaningful vaccine-led recovery, box and bulk are booming.
