Dealing with the Covid-19 pandemic
DB Schenker ended the first half of 2020 much better than expected under the given circumstances. DB Schenker’s logistics networks could be maintained despite the adverse circumstances, and proved to be integral to the economy and society, especially due to the countless special transports of protective equipment and medical supplies all over the world.
The investments in IT infrastructure and digitalization over the past few years paid off during the lockdown, allowing for a seamless transition of large parts of the workforce to home offices. This meant that DB Schenker was able to respond very quickly to the crisis situation, reduce costs and achieve a considerable increase in profits despite declining volumes.
That said, the continuing high market volatility and the associated risks mean that the overall situation remains tense with a lot of uncertainties.