Announced
Completed
Financials
Sources
Tags
refrigerated logistics
Acquisition
Single Bidder
Friendly
Transportation Services
Completed
United States
Majority
Domestic
Private
Synopsis
Hub Group, a logistics services provider, completed the acquisition of Choptank Transport, a provider of refrigerated transportation solutions, for $130m. “We are excited to welcome Choptank’s employees, customers and carriers to Hub Group. This acquisition delivers on our strategy to provide the industry’s premier supply chain solutions, and will advance our position in the growing cold-chain segment," David Yeager, Hub Group Chairman and CEO.
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