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

Seasonally-adjusted (SA) for-hire truck tonnage in October at 135.7 (2000=100) was up 1.9 percent compared to September’s 133.1, and the ATA’s not seasonally-adjusted (NSA) index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment was 139.8 in October, which was 0.9 percent ahead of September.

The average price per gallon of diesel gasoline fell 3.7 cents to $2.445 per gallon, according to data issued today by the Department of Energy’s Energy Information Administration (EIA). This marks the lowest weekly price for diesel since June 1, 2009, when it was at $2.352 per gallon.

In its report, entitled “Grey is the new Black,” JLL takes a close look at supply chain-related trends that can influence retailers’ approaches to Black Friday.

This year, it's all about the digital supply network. In this virtual conference, we will define the challenges currently facing supply chain organizations and offer solutions designed to transform linear operations into dynamic, automated networks that offer seamless communication, visibility, and the ability to respond and optimize processes at any given time.

In his opening comments assessing the economy at last week’s RailTrends conference hosted by Progressive Railroading magazine and independent railroad analyst Tony Hatch, FTR Senior analyst Larry Gross said the economy continues to slog ahead at a relatively tepid pace, coupled with some volatility in terms of overall GDP growth. And amid that slogging, Gross said there is currently an economic hand-off occurring between the industrial sector and the consumer sector.


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

© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA