USA Truck

USA Truck said Thursday it has been sold to German 3PL 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.

USA Truck posted its seventh consecutive quarter of record earnings Thursday and expects 2022 to be another record year, James Reed, president and CEO, said during a call with analysts Friday.

Arkansas-based USA Truck produced the best first-quarter earnings per share in the company’s 29-year history and the seventh consecutive quarter of record earnings.

USA Truck lost money for many years, but with new leadership and culture has turned itself into a financial success.

USA Truck beats fourth-quarter expectations and plans to grow revenue through expanding capacity east of Interstate 35 and doubling logistics business.

USA Truck Inc. rode a robust freight and pricing market to revenue of $200.9 million and earnings per share of $1.38 during the fourth quarter.

With a growing stack of letters of intent, Nikola approaches player status in electric trucks if its demonstration units meet performance requirements.

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