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Forward Air said Wednesday it sold its final-mile business, but it provided no update on the status of a merger with Omni Logistics. The post Forward Air sells final-mile unit to Hub Group for $262M appeared first on FreightWaves.
The acquisition – the largest non-asset transaction in Hub Group’s history – advances Hub Group’s strategy of pursuing acquisitions that expand its comprehensive service offering.
(RTTNews) - Forward Air Corporation (FWRD) Wednesday announced the sale of its Final Mile business to Hub Group, Inc. for an estimated cash consid...
Deal makes Hub Group the fourth-largest, North American final mile player in the heavier freight space behind RXO, Pilot, and JBHunt.
Forward Air Corporation is pleased to announce the sale of its Final Mile business to Hub Group, Inc. for an estimated total cash consideration of $262 million. For the twelve months ended...