DB Schenker Plans Deal With Estes

Logistics provider DB Schenker said it expects to improve its domestic capabilities through a “strategic relationship” with transportation company Estes Express Lines.

Under the proposed deal, DB Schenker will transfer the management of its domestic ground transport network to Estes’ customized solutions division.

Schenker CEO Heiner Murmann said he expects the relationship to accelerate growth for both companies.

“The relationship with Estes allows us to further capitalize on additional economies of scale and expertise to offer a broader, higher quality domestic transportation offering to our customers in terms of reach, speed and reliability,” Murmann said in a statement.

Approximately 500 positions at DB Schenker in North America will be impacted due to this realignment, the company said. DB Schenker said these employees will have opportunities to pursue alternate employment both at Estes and at other business units within Schenker.

DB Schenker expects the transition to be complete by the end of February.