DB already had a stake in the Polish company as a result of DB's acquisition in July of Polish intermodal company PCC Logistics, which was a shareholder of PTK. DB now owns 95 percent of PTK (the company didn't specify what its previous shareholder percentage was).
PCC operates inland terminals near the ports of Gda'sk, Gdynia, Hamburg, Bremerhaven and Rotterdam. PTK specializes in rail services for coal shipments.
“With the acquisition of a majority stake in PTK Holding, we will now be able to further strategically expand and effectively structure our network in Poland, and improve the range of services we provide for our customers,” said Christoph Wolff, head of eastern region at DB Schenker Rail. “In the next few months we will be merging our affiliated companies in Poland to create a single market presence.'
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now