Hub Group Announces Joint Venture With Mexico-Based EASO To Expand Mexico Intermodal And Cross-Border Service Offering
Portfolio Pulse from Benzinga Newsdesk
Hub Group has announced a joint venture with Mexico-based EASO to expand its intermodal and cross-border services. This partnership aims to enhance Hub Group's intermodal business and drayage capabilities in Mexico, creating the largest cross-border and intra-Mexico intermodal company. The venture is expected to be immediately accretive to Hub Group's 2024 EPS.
October 08, 2024 | 12:31 pm
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Hub Group's joint venture with EASO is set to expand its intermodal and cross-border services in Mexico, enhancing its business capabilities. This move is expected to positively impact Hub Group's 2024 EPS.
The joint venture with EASO will enhance Hub Group's intermodal and drayage capabilities in Mexico, creating the largest cross-border and intra-Mexico intermodal company. This strategic move is expected to be immediately accretive to 2024 EPS, indicating a positive financial impact.
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