Schenker AG
Encyclopedia
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
logistics
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
company and a subsidiary of Deutsche Bahn
Deutsche Bahn
Deutsche 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 Railion
Railion
DB Schenker Rail is a European railway cargo carrier. The company was formed from the freight operating section of the Deutsche Bahn DB Cargo with the addition of various European rail freight operating companies.In December 2007 Railion became part of the DB Schenker logistics group, itself a...
brand.
Performance
-2003_(cropped).jpg)
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
Gottfried Schenker was the founder of Schenker AG....
founded Schenker & Co. in Vienna
Vienna
Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...
, Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...
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 Global
BAX Global
BAX 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.
In 2010, DB Schenker opened a major new intermodal transport hub in Salzburg
Salzburg
-Population development:In 1935, the population significantly increased when Salzburg absorbed adjacent municipalities. After World War II, numerous refugees found a new home in the city. New residential space was created for American soldiers of the postwar Occupation, and could be used for...
.