Hub Group acquires Exel Transportation Services
Supply Chain Network
APRIL 4, 2011
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. We are looking forward to working with the Mode Transportation team to continue its growth and expansion in the years to come.” Hub Group, Inc.