DB Schenker Logistics reports growth across all segments

DB Schenker Logistics registered brilliant sea freight and contract logistics results in the first half of the year 2014; DB’s rail freight transport rose slightly

DB Schenker Logistics is looking back on a successful first half of the year 2014. There had been considerable growth across all logistics segments said Dr. Rüdiger Grube, Chairman of the Management Board and CEO of DB, at the 2014 Interim Results Press Conference in Berlin.

According to the company’s statements the number of consignments in European land transport increased 3.6 per cent to 48.85 million shipments, while air freight volume rose 2.6 per cent to 540,000 tonnes, ocean freight saw gains of 8.5 per cent to 988,000 TEU and contract logistics turnover increased 8.9 per cent to EUR 966 million.

Volume sold in DB Schenker’s rail freight transport rose 489 million metric ton kilometers (tkm) in the first six months to 52.1 billion tkm, an increase of 0.9 per cent.

Revenues in the first half of the year rose by EUR 361 million or 1.9 per cent to EUR 19.73 billion. Earnings before interest and taxes (adjusted EBIT) increased 6.9 per cent, or EUR 70 million, to EUR 1.09 billion. Net capital expenditures made heavy gains of 15.6 per cent, rising EUR 249 million to EUR 1.85 billion in the first six months.

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Quelle: LogEastics
Portal: www.logistik-express.com