Hub Group completed the acquisition of FAFM from Forward Air for $262m.

Hub Group, a logistics company, completed the acquisition of Forward Air Final Mile, a trucking company, from Forward Air, a provider of surface transportation and related logistics services, for $262m. “The FAFM team is excited to join Hub Group. FAFM and Hub Group share similar values and goals: striving to be the logistics provider of choice through reliability, integrity, and innovation. We believe Hub Group’s middle-mile and final-mile expertise, combined with our unique appliance delivery capabilities, will unlock significant value for our combined customers and through this combination we expect to accelerate our growth versus what we have each done individually in the past,” Scott Robider, FAFM Senior VP.