Hub Group Acquires NonstopDelivery, LLC
December 9, 2020
Hub Group, Inc. acquired NonstopDelivery, LLC (NSD), a non-asset based last-mile logistics provider based in Chantilly, Virginia, to add residential last-mile delivery capabilities and provide end-to-end supply chain solutions to its customers. NSD's senior leadership will remain with the business, which operates a nationwide agent network and is expected to be accretive to Hub Group's earnings.
- Buyers
- Hub Group, Inc.
- Targets
- NonstopDelivery, LLC
- Industry
- Logistics & Distribution
- Location
- Virginia, United States
- Transaction Type
- Buyout
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