Marten Transport to sell assets related to intermodal business to Hub Group

6 hours ago 1

Marten Transport (NASDAQ:MRTN) has entered into an agreement to sell assets related to its intermodal business to Hub Group.
The transaction is structured as an asset sale of certain intermodal equipment and contracts to Hub Group for $51.8M in cash.
It is expected to close by the end of the third quarter subject to certain customary closing conditions.
Source: Press Release

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