Schenker shifts gears, pursues Damco users after August slowdown in volumes — Panjiva
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Schenker shifts gears, pursues Damco users after August slowdown in volumes

China 3053 Corp - Forwarders 347 European Union 882 Mode - Containerized 1525 Mode - Seaborne 1846 U.S. 5404

DB Schenker has proposed a “stability package” for customers of Maersk’s Damco freight forwarding business. The latter will withdraw from full-container load common-carrier services later this year. The offer comes as DB Schenker’s volumes handled on U.S. seaborne, inbound lanes has underperformed the industry average. Imports linked to DB Schenker fell by 16.9% year over year in August while the average rose by 5.9%. The best performers in the sector include Kerry and Honour Lane with improvements of 29.7% and 41.5% respectively. DB Schenker’s downturn h...

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