Shock resignation at DB AG

Deutsche Bahn’s Supervisory Board gives green light to the sale of its logistics subsidiary, DB Schenker, to Danish transport giant DSV.

The Management Board of Deutsche Bahn signed an agreement to sell its subsidiary DB Schenker to Danish company DSV for € 14.3 billion.

The German union Verdi and ZDS reached a new labour agreement for 11,500 North Sea port workers, pending a member vote.

Negotiations for a new collective agreement at Germany’s North Sea ports are stalled as employees and the union reject the employers’ offers.

BVS Cranes, the largest crane manufacturer in Türkiye, has secured a contract with Deutsche Bahn to manufacture four RMGs for DB’s terminals in Germany.

The Verdi union presented its members with two collective labour agreement options from the ZDS, affecting around 11,000 port employees.