Browsing Tag
Cargo
11 posts
DB Cargo CEO Targets Zero Deficit by Year-End Aims to Return Freight Division to Profit
Bernhard Osburg, CEO of DB Cargo, said he wants to rapidly bring the heavily debt‑laden freight rail division back…
German Seaports Cargo 3.8% Surge in 2025 Braces for Robust Growth
German seaports handled a total of 284.4 million tonnes of cargo in 2025, up 3.8 % from the 273.9 million tonnes…
EU Commission Green‑Lights DB Cargo Rehabilitation
The EU Commission has approved a restructuring assessment for DB Cargo. This was reported by “Welt am Sonntag” on…
Union Backs New DB Cargo Leader
The Eisenbahn- und Verkehrsgewerkschaft (EVG), a major rail and transport union, is expressing cautious support for the new…
Minister Races to Save DB Cargo
The German government is scrambling to avert a potential insolvency for DB Cargo, the freight transport subsidiary of…
Cargo Chief Exits Deutsche Bahn
A seismic shift is underway at Deutsche Bahn as the national rail operator prepares to dismiss Sigrid Nikutta,…
Union Demands Cargo Chief Removal
The German rail and transport union, EVG, has issued a scathing call for the immediate dismissal of DB…
Job Cuts Loom at DB Cargo
Concerns are mounting over potential job losses within DB Cargo, Germany’s largest freight rail operator, as two consulting…
DB Cargo CEO Sets Sights on Turning the Corner by 2026
DB Cargo’s Chief Executive Expects Profitability by End of 2026 Sigrid Nikutta, the head of DB Cargo, the…
Eventin Seizure Lawsuit Threatens Ship Cargo Sale to Finance Ministry
An appeal against the seizure was filed at the Financial Court in Greifswald. The heavily oil-laden tanker, which…
Russia’s Tanker in Crosshairs as Germany Seizes $50M Cargo in Bold Power Play!
Germany has seized an oil tanker, the Eventin, which it attributes to the Russian shadow fleet. On board,…