Tag Archives: Richard Lutz

Deutsche Bahn Sells DB Schenker to DSV in €14.8 Billion Deal

(IN BRIEF) Deutsche Bahn has agreed to sell its logistics subsidiary, DB Schenker, to Danish company DSV for €14.8 billion. The deal, expected to complete in 2025, will help Deutsche Bahn focus on its core rail business and reduce debt, … Read the full press release

Deutsche Bahn Completes ICE 4 Fleet with “Spree” Train

(IN BRIEF) Deutsche Bahn (DB) celebrated the completion of its ICE 4 fleet with the delivery of the 137th train, named “Spree,” in Berlin. The event was attended by key figures including Richard Lutz, CEO of DB, and Roland Busch, … Read the full press release