Tag: Schenker

Clampdown sees rush for NVOCC license

Posted by | Sep 4, 2007 | |

The high-profile crackdown by the Chinese authorities on Schenker over allegations that the German logistics giant was operating with a fake non-vessel operating common carrier (NVOCC) license appears to have spooked the industry.

The wait time after applying for the license has shot up from three weeks to more than three months as companies operating without the correct paperwork race to register their operations.

The Shanghai-based director of a logistics operation told Cargonews Asia it was “common knowledge” that many smaller companies operated without the license. This led to Beijing’s crackdown that began three months ago.

Any firm that is involved in negotiating freight rates with and buying slots from shipping lines, selling slots and issuing bills of lading to shippers needs an NVOCC license.

“But it costs RMB800,000 (about USD 106,000) in cash for the license, and that is a non-interest bearing loan that is held by the Chinese government until your company ceases to do business on the mainland,” he said.

Schenker has shifted all mainland business to its two Hong Kong subsidiaries, neither of which – Schenker Logistics (Shanghai) Co and Schenker International (HK) – is involved in the investigation being conducted by the mainland’s Ministry of Communications.

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DHL rivals in the USA show no appetite for owning aircraft

Posted by | Sep 3, 2007 | |

DHL added another airline to its line-up this spring with the acquisition of a stake in Astar Air Cargo, but the other mega-forwarders have no interest in owning cargo aircraft, despite a penchant for dedicated freighter-cargo flights.

DHL’s appetite for cargo airlines suffered a setback in July when ABX Air, the erstwhile freighter division of Airborne Express spun off after the integrator’s acquisition by DHL, rebuffed a takeover offer from Astar Air Cargo, the former DHL Airways. A marriage between the two would have combined the two US cargo carriers that make most of their business moving traffic for DHL. The integrator had acquired a 49 percent stake in Astar in early June along with a 24.9 percent voting interest, the maximum position in US airlines allowed to non-US entities.

DHL’s express business in the US has suffered in the wake of the integration of its air network into a single hub and is not expected to produce black figures before 2009. Nevertheless, the buy into Astar did not surprise industry observers.

The Astar buy-in followed DHL’s acquisition of a 49 percent stake in Polar Air Cargo last year, which included a 20-year block space agreement giving the integrator guaranteed lift on Polar’s transpacific flights. For intra-Asia traffic, DHL has permanent lift through its stake in Air Hong Kong and the carrier’s A300F operations in the region.

These deals are fuelled by the logistics giant’s express business, but they also drop fixed capacity into the lap of DHL Global Forwarding.

The other global mega-forwarders like Schenker, Kuehne + Nagel or Panalpina, have ruled out the possibility of owning freighter aircraft, notwithstanding a need for dedicated cargo flights.

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Deutsche Bahn Logistics Schenker GBP 10 bn revenues

Posted by | Aug 31, 2007 | |

Deutsche Bahn has announced half year results for 2007, with an increase in revenues of 5.8 percent to GBP 10.3 billion.

The company is a large and complex group of businesses with its core rail activity notable for its high capital investment and has seen an increase in operating profit of 44 percent to GBP 1 billion.

However Deutsche Bahn Logistics Schenker brand has shown considerable growth over the past six months, with revenues year-on-year up 8.1 percent at GBP 4.5 billion. EBIT was up 10.3 percent at GBP 129 million.

Schenker’s European ‘networked’ road transport has grown by 10 percent over the period, gaining market share. Schenker is Europe’s largest ‘less than trailer load’ operator yet it is reporting that demand has been so strong that it is suffering from a shortage of capacity.

Schenker says that demand is also strong in the ocean freight forwarding market, where it is one of the leading global players, but its margins have tightened due to the general shortage of space on key routes.

Schenker’s growth

Airfreight is growing less quickly with what it describes as ‘stagnation’ on trans-Atlantic routes but good development of the intra-Asian routes. In both businesses, however, Schenker is gaining market share. Schenker describes growth in its logistics business as being in ‘double digits’ with Europe remaining the centre of activity.

Schenker confirms that the market for freight forwarding and for network transport is consolidating, however it is not exploiting this quite as spectacularly as K+N and Panalpina.

DB has also seen growth in its rail freight, which at 4 percent is growing faster than the German transport sector generally. DB singled out bulk sectors such as chemicals and building materials as buoyant as intermodal container traffic. EBIT grew at 49 percent.

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DB subsidiary Schenker plans takeover of Spain-TIR

Posted by | Aug 2, 2007 | |

DB subsidiary Schenker is planning to acquire 100 percent of the Spanish logistics group Spain-TIR. An agreement to this effect was signed with the shareholders today. Subject to regulatory approval this acquisition will enable Schenker to further expand its European land transport network. The planned takeover of a leading provider of land transport services will be a major step forward for Schenker on the Iberian Peninsula. Schenker is currently represented by a country organization in both Spain and Portugal.

“With the acquisition of Spain-TIR, we are consolidating our network in a European growth region that has great potential,” said Dr. Norbert Bensel, Chairman of the Transportation and Logistics Division of Deutsche Bahn AG. “We can offer our customers on the Iberian Peninsula all modes of transport including rail from a single source, plus direct access to our global network.”

“Spain-TIR has an extensive network in Spain and Portugal that is an ideal supplement to our own European land transport network, added Hans-Jörg Hager, Member of the Management Board of Schenker AG, and responsible for European land transport. “More presence means greater proximity to the customer. And together we can offer even better services to the customers of both companies.“

Lluis Gay Mundó, the chief negotiator for the Spain-TIR Group and one of the shareholders, said: “In around 30 years, Spain-TIR has developed into one of the leading providers of land transport services in Spain and Portugal. All customers will now have direct access to Schenker’s global network. I am convinced that the two companies are well matched and that customers will all benefit from this move.“ Lluis Gay Mundó will also be actively involved in the integration period in the company.
The corporate management and employees of the Spain-TIR Group will be fully integrated into the Schenker AG organization.

Spain-TIR has its own network on the Iberian Peninsula, consisting of 19 branch offices – 16 of which are located in Spain and three in Portugal – a storage area of 92,000 square meters, plus 46 franchisees. The company, which operates in the field of general cargo, direct services and logistics, has a workforce of over 800 employees and last year generated revenues of around EUR 200 million.

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Schenker expands night express services

Posted by | Feb 16, 2007 | |

Leading German freight transport company Schenker has expanded its specialised night express services. For standard parcel services, the Deutsche Bahn subsidiary cooperates with UPS.

Schenker Germany announced that its “NightPlus” service has grown to some 2.1 million consignments per year. Goods are collected in late afternoon or early evening and delivered by 08:00 the following workday morning, or even by 06:00 or 07:00 if required by customers.

The specialist express service is targeted at customers with urgent items such as spare parts that have to be delivered before the start of the working day. Automotive workshops and repair centres are a key customer group.

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