German forwarders restructure
NewsTwo leading Germany-based logistic services providers, Schenker AG and Mosolf group, are restructuring their businesses
Stinnes AG, the parent company of Schenker, one of the world’s largest freight forwarders, is up for sale. Majority shareholder E.on AG (a utility), which owns 65.4 per cent of Stinnes’ shares, says it intends to sell the logistics company by the end of this year.
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