Intermodal marketing company Hub Group (NASDAQ: HUBG) announced Wednesday the acquisition of last-mile logistics provider NonstopDelivery (NSD) for $94.5 million. The Oak Brook, Illinois-based Hub Group said the acquisition provides it with a platform to become a top provider in the home-delivery sector.
Chantilly, Virginia-based NSD is a national non-asset-based final-mile provider specializing in basic and white-glove delivery of big and bulky items like furniture, exercise equipment and home...