TI Logistics Briefing & News - Politics to determine Schenker and Bax Global's future.

0 Comments | M2 Presswire, July, 2006

M2 PRESSWIRE-24 July 2006-Transport Intelligence Ltd: TI Logistics Briefing & News - Politics to determine Schenker and Bax Global's future(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:24072006 As Deutsche Bahn (DB), Schenker and BAX Global strive to present a new joint identity, the future of the entire DB Corporation hangs in the balance, waiting for a political decision that may determine the conglomerate's future.

A series of oblique statements over the past month by Hartmut Mehdorn, Chairman of Deutsche Bahn, and the German transport minister Wolgang Tiefensee, mask intense manoeuvring over the future of the corporation. Herr Tiefensee has told German journalists recently that Deutsche Bahn should start to be readied for a float on the stock market by the...

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