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Hub Group acquires Domestic Transport

Hub Group acquires Domestic Transport

Hub Group Inc (NASDAQ: HUBG) announced that on June 3, 2011 its subsidiary Comtrak Logistics Inc acquired certain assets of Domestic Transport Inc, an intermodal drayage carrier headquartered in Pacific WA.

“This acquisition is well-aligned with our goal of growing Hub Group’s drayage network,” said Chris Kravas, chief intermodal officer for Hub Group. “This is the 25th Comtrak terminal in our network, and it gives us a significant drayage operation in the Seattle market.”

Domestic Transport was founded in 2005 with one truck hauling containers out of the Ports of Seattle and Tacoma. The company has grown to a 22-driver operation that handles container deliveries in the state of Washington and throughout the Pacific Northwest.

“We were very impressed with the high quality standards that Domestic Transport maintained for its drivers,” said Jim Ronchetto, president of Comtrak. “With the addition of Domestic Transport to our network, we are able to offer more flexibility to our customers in the Pacific Northwest region.”

Domestic Transport’s owners, Leon Borodyansky and Kirill Korchinsky, will continue in leadership roles with Comtrak. Borodyansky will be terminal manager, while Korchinsky will be safety and recruiting manager for Comtrak’s newly formed Pacific Northwest Terminal.

Hub Group is an asset light freight transportation management company providing intermodal, truck brokerage, and logistics services. It operates through a network of offices in the United States, Canada, and Mexico. Comtrak is a fully owned drayage subsidiary of Hub Group.

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