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DB Schenker acquires US trucking firm

The German freight forwarder buys a US-based trucking company for over a quarter billion dollars.

Photo: Marvin Ibo Gngr/AP/Ritzau Scanpix

Germany’s DB Schenker, owned by state railway operator Deutsche Bahn, has acquired US trucking company USA Truck, headquartered in Van Buren, Arkansas, the company writes in a statement.

USA Truck is a listed company, and DB Schenker pays USD 31.72 per share, corresponding to a total of USD 285m. The combined value of USA Truck amounts to USD 435m, including liquidity and debt.

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