DSV Seeks Buyer for USA Truck After DB Schenker Deal

DSV Seeks Buyer for USA Truck After DB Schenker Deal

USA Truck’s business model does not fit DSV’s vision for asset-light North American on-road operations, the company said in a report accompanying the most recent quarter’s results.

DSV seeks to sell USA Truck

Its Schenker U.S. road operations, acquired last year, cost the company $14 million in its most recent quarter.

USA Truck Headed for Another Ownership Change

More on USA Truck: ► USA Truck Drives Off The Nasdaq List ► USA Truck CEO: Merger With German Company ‘Match Made in Heaven’ ► Merger Draws Curtain on USA Truck ► USA Truck Sale End of Long, Strange Trip The former USA Truck Inc. of Van Buren is back on the market three years after it was acquired by German logistics giant DB Schenker. DSV A/S of Denmark announced Thursday morning that it’s selling the subsidiary after it acquired DB Schenker fo…

USA Truck goes back on the market

DSV announced it will sell USA Truck, an Arkansas-based truckload carrier, as it does not align with the Danish freight forwarder's asset-light business model.