Former, current USA Truck execs acquire TL carrier from DSV
Arkansas-based truckload carrier, USA Truck, has been acquired by a group of current and former leaders.
Arkansas-based truckload carrier, USA Truck, has been acquired by a group of current and former leaders.
Maersk has promoted its Asia Pacific chief and former Schenker executive to lead its North America business.
DSV announced it will sell USA Truck, an Arkansas-based truckload carrier, as it does not align with the Danish freight forwarder’s asset-light business model.
DSV on Tuesday said it had fulfilled the final closing conditions for its acquisition of German logistics provider Schenker.
Etihad Cargo is supporting two logistics companies with dedicated freighter operations from China to two European cities.
Despite a first-half lull in domestic network demand for logistics services, the world’s largest forwarder saw overall volume growth in the third quarter.
Switzerland-based DSV added to its stable of logistics providers, buying Schenker from the debt-laden German national railway.
Schenker has been sold, but not to the U.S. private equity group vying for control of the German logistics provider. Transport provider DSV of Denmark has emerged as the winning bidder, Reuters reported, in a deal worth 14 billion euros ($15.43 billion). A consortium of private investors led by CVC Capital Partners of New York […]
A New York-based venture capital firm and European transport specialist are vying to acquire Schenker, the logistics unit of German national railway Deutsche Bahn, which could shake up the market for logistics services in the U.S.
The German national railway is looking to sell off its DB Schenker logistics business if it can get a good price.
A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks.
USA Truck said Thursday it has been sold to German 3PL DB Schenker.
Latam Airlines’ cargo division has expanded its European service, including a dedicated charter flown for logistics provider DB Schenker.
DB Schenker, el tercer mayor proveedor de logística en el mundo por ingresos y una división de la compañía nacional de ferrocarriles de Alemania, ha acordado adquirir el transportador de carga de camiones USA Truck en una transacción de todas las acciones, ya que busca acelerar su penetración en el mercado nacional de Estados Unidos, […]
German logistics giant DB Schenker on Friday made a big move into the North American trucking market with a deal to acquire USA Truck.
DB Schenker recorta 130 puestos de trabajo tras perder el contrato con Kraft Heinz
Logistics provider DB Schenker will lay off 130 employees from a distribution center in Fort Worth, Texas.
Avatour is turning the boring Zoom business call into an immersive and interactive experience for logistics professionals.
Cargo congestion has gone from bad to worse at Chicago O’Hare International Airport, forcing importers to wait several days to retrieve shipments and prompting two large logistics companies to migrate airfreight operations an hour west to an uncrowded facility in Rockford, Illinois. There is so much cargo piling up at O’Hare that airline-handling agents for […]
A giant Russian cargo jet was utilized to bring a special piece of machinery for bottling vaccines from Germany to a new manufacturing plant in the U.S. The equipment could help with the global effort to distribute COVID vaccines.