Hub, Grupo TMM form cross-border alliance

Oct. 31, 2002
Third-party logistics providers Hub Group and Grupo TMM of Mexico have agreed to form a joint network to manage freight moving between Canada, the United States and Mexico. Lombard, IL-based Hub said the deal calls for TMM Logistics, a subsidiary of Mexico City-based Grupo TMM, to provide all sales support and operational execution within Mexico and Hub Group to furnish the same capabilities in Canada
Third-party logistics providers Hub Group and Grupo TMM of Mexico have agreed to form a joint network to manage freight moving between Canada, the United States and Mexico.

Lombard, IL-based Hub said the deal calls for TMM Logistics, a subsidiary of Mexico City-based Grupo TMM, to provide all sales support and operational execution within Mexico and Hub Group to furnish the same capabilities in Canada and the U.S.

A newly formed division of Hub Group, called Hub Mexico, will provide joint marketing, door-to-door oversight and coordination as well as pricing support, the company added.

The companies said the TMM/Hub partnership is designed to "integrate" various modes of transportation with a logistics system to offer customized cross-border transportation solutions.

The deal comes at a time when Hub is undergoing a substantial reorganization. The company announced earlier this month that it plans to cut corporate overhead and eliminate jobs through the adoption of new technology in an effort to save approximately $10 million annually beginning in 2003.

About the Author

Sean Kilcarr | Editor in Chief

Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...