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Items Tagged With DB

DB AG enjoys best business year in its history
Written By: Administrator
Section: The News

Category: Railways

2006-04-06 16:01:59
DB AG enjoys best business year in its history: traffic performance, revenues and earnings strongly up
Deutsche Bahn AG can look back on the most successful year in its history: the DB Group significantly raised its traffic performance, revenues and earnings in 2005. As Hartmut Mehdorn, Chairman of the DB Board of Management, reported at today’s balance-sheet press conference, “More customers travelled on our trains than ever before, more goods were carried over our network than ever before and, with the acquisition of Bax Global, we have significantly improved our positioning in international competition.”

Read More About DB AG Enjoys Best Business Year In Its History...


Deutsche Bahn Buying Bax Global for USD1.1B
Written By: Administrator
Section: The News

Category: Logistics

2005-11-21 10:58:02
German railroad Deutsche Bahn AG is buying BAX Global, a U.S.-based logistics company owned by Brink’s Co., for about $1.1 billion in cash, Brink’s said Wednesday.BAX Global, an international freight transportation and supply chain management company, is based in Irvine, Calif., and has some 12,000 employees.

Read More About Deutsche Bahn Buying Bax Global For USD1.1B...


Deutsche Bahn to cough up for BAX Global?
Written By: Administrator
Section: The News

Category: Logistics

2005-11-09 09:56:52
Reports that Deutsche Bahn plans to buy BAX Global for between 800 mn euros and 1 bn euros have yet to be officially confirmed by either company, although Reuters reports a DB source as saying that the purchase is to be concluded at a special meeting of the German rail operator's supervisory board on Saturday.


Read More About Deutsche Bahn To Cough Up For BAX Global?...


Porsche broadens cooperation with Deutsche Bahn
Written By: Administrator
Section: The News

Category: Logistics

2006-06-29 15:46:19

The Company, which already transports selected vehicles of its 911, Boxster/Cayman and Cayenne model series for key overseas markets by rail, is now also moving component deliveries to its Finnish production partner Valmet Automotive from road to rail. On June 26th, 2006 the first train has been loaded at the container terminal in Kornwestheim with the newly developed mega trailers before setting out for Rostock. The trailers mainly contain engines, which will be built into Porsche's Boxster and Cayman models at Valmet Automotive.


Read More About Porsche Broadens Cooperation With Deutsche Bahn...





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