Quad sells its third-party logistics business for $40 million

Sussex-based Quad/Graphics Inc. sold its QuadExpress third-party logistics business to Mullen Group Ltd. for $40 million, the companies announced Wednesday. QuadExpress is a Naperville, Illinois-based division of Quad that generated around $135 million in revenue in 2020. It is a non-asset based third-party logistics provider that offers freight brokerage services across multiple modes of transportation

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