Brief: Hub Group Expands Its Supply Chain Solutions Through The Acquisition Of Choptank Transport

Hub

19/10/2021 13:32

Oct 19 (Reuters) - Hub Group Inc  HUBG.O :
    * HUB GROUP EXPANDS ITS SUPPLY CHAIN SOLUTIONS THROUGH THE
ACQUISITION OF CHOPTANK TRANSPORT
    * HUB GROUP INC - CASH CONSIDERATION FOR TRANSACTION OF $130
MILLION WAS FUNDED BY CASH ON HAND
    * HUB GROUP INC - CHOPTANK EXPECTS TO GENERATE OVER $450
MILLION
OF ANNUAL REVENUE IN 2021

Source text for Eikon:  ID:nGNX411Nmy 
Further company coverage:  HUBG.O 

 ((Reuters.Briefs@thomsonreuters.com;))