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Hub Group acquires Exel Transportation Services

Supply Chain Network

(NASDAQ: HUBG), one of the nation’s leading freight transportation management companies, announced today that it purchased Exel Transportation Services (ETS) for $83 million before post closing adjustments. ETS is now a wholly-owned subsidiary of Hub Group, operating independently under the name Mode Transportation.

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Have Spot Market Rates Bottomed Out?

DAT Solutions

Yet the freight surges that many of us have been accustomed to seeing at this time have been noticeably absent. For multiple reasons, spot market freight volumes and rates have been trending down for most of 2015 -- van rates since March, and flatbed and reefer rates since June. PMI Sectors Produce More Freight Than NMI Counterparts.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. FedEx Corporation FedEx , previously known as Federal Express, is an American multinational freight company founded in 1971 as a system for urgent deliveries. Kuehne + Nagel Inc. Kuehne + Nagel Inc.