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More - USA - Schneider sells its payment business
GREEN BAY, WI, United States -UPI/Monsters and Critics.com (Glasgow,UK) -Jun 21, 2006: -- U.S. Bank said Wednesday it was buying Schneider Payment Services, a division of trucking giant Schneider National Inc., which is based in Wisconsin... The deal, which is set to close July 1, adds more than $7 billion in freight payments to the PowerTrack portfolio of U.S. Bank... Terms of the deal were not disclosed... U.S. Bank is a unit of U.S. Bancorp, the sixth largest financial institution in the country...
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