Hub Group acquires Choptank Transport for $130m

PRESS RELEASE 
Hub Group expands its supply chain solutions through the acquisition of Choptank Transport
10/19/21
Hub Group extends its supply chain solutions through the acquisition of leading cold-chain focused third-party logistics company, Choptank Transport.
Transaction Highlights:

– Expands Hub Group’s brokerage business to over $1 billion of revenue, with substantial presence in dry van, refrigerated and LTL freight
– Adds leading North American provider of non-asset refrigerated transportation services
– Advances Hub Group’s position in …

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Source: The Loadstar

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