Mullen Group has acquired Chicago-area 3PL QuadExpress for $40 million in a deal that gives one of Canada’s largest trucking and logistics companies its first U.S.-based operation.
Mullen (TSX:MTL) bought QuadExpress from Wisconsin-based commercial printing company Quad (NYSE:QUAD). The 3PL primarily operates as a freight brokerage and generated $135 million in revenue in 2020, Mullen said on Wednesday.
Alberta-based Mullen Group, which operates trucking, logistics and oil services businesses...
https://www.freightwaves.com/news/mullen-group-acquires-us-3pl-quadexpress-for-40m