Post&Parcel--Deutsche Post DHL has sold its US third-party freight logistics subsidiary Exel Transportation Services to an American logistics company for $83m.
Previously an operating of Exel Corporation, itself part of Deutsche Post’s DHL Supply Chain division, Exel Transportation will now be a wholly-owned subsidiary of Hub Group, Inc., a firm based outside of Chicago, Illinois.
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Previously an operating of Exel Corporation, itself part of Deutsche Post’s DHL Supply Chain division, Exel Transportation will now be a wholly-owned subsidiary of Hub Group, Inc., a firm based outside of Chicago, Illinois.
Read more!
