DB Schenker and USA Truck to Combine and Create Premier North American Transportation Solutions Provider
DB Schenker, one of the world’s leading logistics service providers, and USA Truck (NASDAQ: USAK), a leading capacity solutions provider, today announced an agreement under which DB Schenker will acquire all outstanding shares of USA Truck common stock for $31.72 per share in cash.
Shaping the e-commerce industry: Schenker Ventures invests in Warehousing1
First investment of DB Schenker’s new unit for collaboration with founders • Participation in Series A funding of start-up Warehousing1 • Support beyond capital • Patric Hoffmann: “It will be a mutual learning opportunity”
Deutsche Bahn to return to profitable business in 2022 • Record revenues in 2021
Performance in 2021 still affected by the pandemic • Operating loss of EUR 1.6 billion • More long distance passengers • Profit at DB Schenker well over a billion euros • "We need rail more than ever," says DB CEO Richard Lutz
Gaining further altitude: DB Schenker and Lufthansa Cargo extend their CO2-neutral air freight offer
Continuation of regular cargo flights between Germany and China • Almost 21,000 tons of emissions to be avoided during the summer schedule • “Alternative fuels help us to realize change today” • 100th biofuel covered flight coming up