William B. Cassidy | Jun 13, 2011 11:07AM EDT
Intermodal services provider Hub Group acquired Domestic Transport, a Pacific, Wash.-based drayage company that delivers containers in the Pacific Northwest.
“This acquisition is well aligned with our goal of growing Hub Group’s drayage network,” said Chris Kravas, chief intermodal officer at the company.
Hub Group subsidiary Comtrak Logistics purchased the carrier, which has about 22 drayage drivers in the state of Washington, for an undisclosed amount.
“This is the 25th Comtrak terminal in our network and it gives us a significant drayage operation in the Seattle market,” Kravas said in a statement.
Domestic Transport was founded in 2005, hauling containers out of the Ports of Seattle and Tacoma. It employs company drivers and owner-operators.
Hub already claims the second-largest intermodal market share, after J.B. Hunt Transport Services. In April it bought Exel Transportation Services for $83 million.
Hub now operates Exel as an independent unit called Mode Transportation.
--Contact William B. Cassidy at wcassidy@joc.com. Follow him on Twitter at @wbcassidy_joc
