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Deutsche Bahn-backed DB Schenker completed the acquisition of USA Truck for $435m.

Synopsis

Deutsche Bahn-backed DB Schenker, a logistics service provider, completed the acquisition of USA Truck, a trucking and logistics services provider, for $435m. "We are very excited to grow our North America operations in terms of both market share and geographical footprint. This is part of a bold ambition that we will become – together – the premier North American transportation solutions provider," Jochen Thewes, DB Schenker CEO.

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