Hub Group Inc. said that its Comtrak Logistics Inc. subsidiary has acquired Newark, N.J., intermodal drayage carrier Challenge Transportation. No terms were announced.
“This acquisition continues to build on our strategic initiative of growing Hub Group's North American drayage network,” Hub Group chief intermodal officer Chris Kravas said in a statement. He added the deal is Comtrak’s third acquisition in the past 12 months and gives the division its 26th full service terminal.
Challenge Transportation has 41 drivers who make container deliveries throughout the Northeast, Hub Group said. Jan Hopper, who founded the company in 1995, was named Comtrak Logistics’ vice president of recruiting and sales.
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