Schenker, the road, air, and sea forwarder, is a subsidiary of DB Logistics, i.e., the railway company Deutsche Bahn AG.
German logistics company
Schenker AG is a German logistics company and a subsidiary of Deutsche Bahn, the German railway company. Within DB Logistics, the logistics branch of Deutsche Bahn, Schenker is responsible for land, sea, and air transport and contract logistics. Rail transport within DB Logistics is done under the DB Schenker Rail brand.
Performance
A Schenker truck, bearing the Stinnes Logistics logo
Schenker has 86,600 employees, including 13,900 temporary workers at some 2,000 offices around the world and has a turnover of 19.1 billion € per year.
In 1931, Schenker was acquired by the German Railways (Reichsbahn).[2] After Hitler came to power in 1933, the Nazis placed Dr. Edmund Veesenmayer, on the board.[3] During the Nazi era, the Schenker Company was "one of the most important enterprises engaged in pillage and plunder during German aggressions and mass crimes throughout Europe in the period from 1938 to 1945."[4][5]
The Schenker papers, which recorded shipping via Schenker of Nazi looted art, were discovered by British Monuments ManDouglas Cooper and enabled researchers to track down some of the artworks stolen from Jews during the Holocaust.[6][7]
DB Schenker launched Schenker Ventures, its own venture capital arm to invest in innovation in the logistics industry, in 2021.[9][10] The next year, Schenker Ventures announced its first investment in German logistics startup Warehousing1.[11][12][13]
^"Lawsuit Over Schiele Drawing Has Legs". Observer. 2007-02-19. Archived from the original on 2014-10-31. Retrieved 2021-05-06. . In 1931, the German National Railway secretly acquired Schenker under the guise of a Zurich holding company in order to avoid paying further World War I reparations to the Allies. As a result of the takeover, central management of the company moved from Vienna to Berlin. Adolf Hitler came to power in 1933, and by 1935 the company was under a new, more sinister management. The Nazi leadership forced the appointment of Dr. Edmund Veesenmayer to the company's board. A talented economist, he was also an SS member trusted by the German leadership with establishing local Nazi groups in Vienna before the 1938 Anschluss.
^"The Schenker Papers". GERMAN-FOREIGN-POLICY.com. 8 May 2016. Archived from the original on 2019-09-05. Retrieved 2021-05-06. The Schenker Company had been one of the most important enterprises engaged in pillage and plunder during German aggressions and mass crimes throughout Europe in the period from 1938 to 1945. This German mega-company has been - and remains - state-owned. Today, operating under the name "DB Schenker," it is a branch of the Deutsche Bahn (DB, the German Railway Company) and is under the authority of the German Ministry of Transport.
^Kelly Diane, Walton. "Leave No Stone Unturned: The Search for Art Stolen by the Nazis and the Legal Rules Governing Restitution of Stolen Art". Archived from the original on 2020-03-22. The Schenker papers contained information about legal and illegal transactions from 1941 to 1944, descriptions of artworks sent to the Reich, lists of German buyers as well as the French dealers involved, and dates.94 The report reproduces records and documents seized from the Paris offices of Schenker International Transport. German buyers and the German embassy hired Schenker to warehouse, pack, and transport confiscated art to Germany.95
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