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Airfreight posts modest gains at DB Schenker

from Air Cargo World

A recent preliminary half-year 2016 numbers from Deutche Bahn AG, parent company of DB Schenker, put the German transportation company just ahead of it's position last year, up 0.2 percent, year-over-year, increasing adjusted revenue by US$36.27 million to reach $22.01 billion for the first six months of the year. Air freight registered a 0.9 percent increase, from 547,000 tonnes in the first half of 2015 to 551,000 tonnes this year. Earnings before income and tax (EBIT) showed more robust gains, up by 13.1 percent, or $117 million, y-o-y, to reach $1.11 billion. more

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