Schenker AG is a
GermanGermany , officially the Federal Republic of Germany , is a country in Central Europe. It is bordered to the north by the North Sea, Denmark, and the Baltic Sea; to the east by Poland and the Czech Republic; to the south by Austria and Switzerland; and to the west by France, Luxembourg, Belgium,...
logisticsLogistics is the management of the flow of goods, information and other resources, including energy and people, between the point of origin and the point of consumption in order to meet the requirements of consumers...
company and a subsidiary of
Deutsche BahnDeutsche Bahn AG is the German national railway company, a private joint stock company . Headquartered in Berlin, it came into existence in 1994 as the successor to the former state railways of Germany, the Deutsche Bundesbahn of West Germany and the Deutsche Reichsbahn of East Germany...
, the German railway company. Within DB Logistics, the logistics branch of Deutsche Bahn, Schenker is responsible for land, sea, and air transport and contract logistics. Rail transport within DB Logistics is done under the
RailionDB Schenker Rail is a European railway cargo carrier. The name Railion was probably intended to be a play on the English words "rely on", though the attempt was only partially successful. The word is also phonetically similar to the words "Rail-Iron"...
brand.
Performance
Schenker has over 91,000 employees at about 2,400 offices around the world and has a turnover of 14.1 billion euros per year.
With Schenker, DB Logistics claims to be
- No. 1 in European land transport
- No. 2 in worldwide air transport
- No. 3 in worldwide sea transport
- No. 3 in integrated part loads shipment in North America
- No. 6 in worldwide contract logistics
History
Gottfried SchenkerGottfried Schenker was the founder of Schenker AG....
founded Schenker & Co. in
ViennaVienna is the capital of the Republic of Austria and also one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.7 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre. It is the 10th largest city by...
,
AustriaAustria , officially the Republic of Austria , is a landlocked country of roughly 8.3 million people in Central Europe. It borders both Germany and the Czech Republic to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west...
in 1872.
In 2003, Schenker became a wholly owned subsidiary of Deutsche Bahn, when DB acquired Stinnes AG.
On 31 January 2006, DB Logistics acquired
BAX GlobalBAX Global is an international shipping company that is headquartered in Irvine, California, and has other major offices in Australia, Singapore, London, The Netherlands, and Toledo, Ohio. The company which was founded in 1971 also operates an airline...
for $1.1 billion and is currently being merged country by country with Schenker.
External links