Germany: DB Schenker to focus on digitalisation, invest USD 25 in Uship

15.02.2017

Germany: DB Schenker to focus on digitalisation, invest USD 25 in Uship
Frankfurter Allgemeine Zeitung, 15 Feb 2017, online:-
The German logistics company DB Schenker is to focus more on the digitalisation of its processes in the near-future. The company said it has to adapt its processes or risk the future of the company as it comes under increasing pressure from a number of different logistics companies. The company announced it plans to invest EUR 25mn (USD 26.60mn) in the US-based online freight shipping business Uship. It said it soon plans to roll-out its Drive4Schenker digital freight shipping software based upon Uship technology in order digitalise its transport supply-chains. It said it wants to improve efficiency at the company through the use of computer algorithms rather than its traditional telephone and email oriented logistics business.
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