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Shipping & Logistics

Warehouse Space Wanted

With US e-commerce sales growing steadily over the last decade, and with significant growth taking place in 2020 and 2021, shippers have been positioning their goods closer to their end customers. With online sales reaching $870.7 billion in 2021 (a 14.3% year-over-year increase) and $759.6 billion in 2020 (a 31.8%...

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DB Schenker Announces Acquisition of USA Truck

Today we announced that DB Schenker would purchase USA Truck (NASDAQ: USAK), a leading capacity solutions provider. Under the agreement DB Schenker will acquire all outstanding shares of USA Truck common stock for $31.72 per share in cash. The transaction values USA Truck at approximately $435 million, including assumed cash...

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