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.
Continental routes for the delivery of goods from China to Europe and back over the past decade have come a long way, from test train shipments to the creation of stable, full-fledged railway container transportation routes.
The Belt and Road Initiative wasn’t a sinister plot. It was a blueprint for what every nation needs in an age of uncertainty and disruption
