Subscribe to our free, weekly email newsletter!


Intermodal shipping: Hub Group subsidiary acquires Domestic Transport Inc.

By Jeff Berman, Group News Editor
June 13, 2011

Freight transportation and logistics services provider Hub Group Inc. said today that earlier this month its Comtrak Logistics Inc. subsidiary, which offers national drayage and truckload services, acquired Domestic Transport Inc., a Pacific, Washington-based provider of intermodal drayage services.

Financial terms of the acquisition were not disclosed.

“This acquisition is well aligned with our goal of growing Hub Group’s drayage network,” said Chris Kravas, Chief Intermodal Officer for Hub Group, in a statement.
“This is the 25th Comtrak terminal in our network and it gives us a significant drayage operation in the Seattle market.”

Launched in 2005, Domestic Transport has expanded from a one-truck operation hauling containers out of the Ports of Seattle and Tacoma to a 22-driver operation handling container deliveries in Washington State and throughout the Pacific Northwest, according to Hub.

In January, Hub announced that two new Comtrak terminals were opened in Indianapolis and Milwaukee for customer service and operational reasons, Comtrak President Jim Ronchetto told LM.

In terms of shipper benefits that come with opening these new terminals, Ronchetto said that having these new terminals allows Comtrak to shuttle loads more efficiently with terminal locations located closer to actual freight locations. And he added it allows the company to prepare for anticipated legislative changes and serve a wider area while factoring in possible changes like truck driver hours-of-service.

And in early April the Hub Group acquired asset-light transportation company Exel Transportation Services (ETS), a subsidiary of Deutsche Post World Net, for $83 million. Exel Transportation Services was renamed at Mode Transportation.

Mode is comprised of roughly 300 Independent Business Owners (IBO) that sell and operate the business throughout North America, with corporate offices in Dallas and Memphis, a company-managed operation in Dallas, and a temperature-protected services division called Temstar in Lombard, Illinois, which has 500 temperature-controlled trailers. Mode will be based in Dallas.

Hub officials were not available for additional comments regarding the acquisition of Domestic Transport at press time.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Industry analysts contend that the Teamsters are not declaring a strike outright, but rather, voting to give their leadership permission for such an action.

Atlas Air Worldwide Holdings said it will provide air cargo services to support Amazon’s package deliveries to its customers.

The dark side of the “Amazon effect” and larger impact made by the explosive growth in e-commerce may soon be seen when organized labor prepares for a massive air cargo strike.

During this webcast our panelist offer logistics and supply chain professionals a “reality check” when it comes to our current state of understanding, adoption, and utilization of the technological tools that are available to improve our operations.

The index ISM uses to measure non-manufacturing growth—known as the NMI—was 55.7 in April (a level of 50 or higher indicates growth), which was up 1.2 percent compared to March, with economic activity in the non-manufacturing sector growing for the 75th consecutive month.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2016 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA