Hub Group

What Hub Group does

Hub Group, Inc. is a publicly traded (NASDAQ: HUBG) North American multimodal third-party logistics provider founded in 1971 as Hub City Terminals and headquartered in Oak Brook, Illinois. The company operates the industry's second-largest private intermodal fleet of more than 45,000 GPS-equipped 53' domestic containers, an owned trucking fleet, dedicated capacity, and an asset-light truck brokerage, serving shippers across the United States, Canada, and Mexico through joint-venture coverage. Customers include retail, e-commerce, consumer packaged goods, automotive, healthcare, food and beverage, chemical, durable goods, and private equity-backed companies, with marquee relationships including Walmart's Prepaid Consolidation Program (where Hub Group is one of only three national 3PL providers, alongside C.H. Robinson and RJW Logistics).

The company's service portfolio spans intermodal transportation, truck brokerage, asset trucking, dedicated trucking, managed 3PL solutions, consolidation and fulfillment, international freight forwarding, final mile delivery (via NonStopDelivery), parcel solutions, and temperature-controlled intermodal (expanded via the July 2025 acquisition of Marten Transport's intermodal division). Underlying technology is the proprietary Hub Connect platform, which combines telematics across 84,000 units, IoT sensors, GPS container tracking (first deployed by Hub Group on intermodal containers in 2013), TMS/WMS integration, and AI/ML-driven ETA optimization to process approximately 100,000 events per hour and deliver 24/7 visibility, freight analytics, and self-service tooling. The company has built scale through a programmatic M&A strategy, including Unyson Logistics (2005), Comtrak/Estenson/CaseStack/NonStopDelivery, TAGG Logistics ($103M, 2022), and Marten Transport Intermodal ($51.8M, 2025).

Hub Group monetizes primarily through transaction-based fees for transportation movements (intermodal, brokerage, asset, dedicated) and managed-services fees for warehousing, fulfillment, and outsourced logistics, priced via custom negotiated rates documented in Master Logistics Services Agreements. Go-to-market combines enterprise field sales with dedicated account managers, inside sales through the Hub Connect self-service platform, and channel partnerships with rail carriers (notably Union Pacific) and large buyers such as Walmart. The company employs 6,000+ people and drivers combined and reports an average customer relationship tenure of 10 years, though recent quarters have shown revenue declines of 5-7% YoY, the May 2026 CFO/COO departures amid an accounting restatement, and a Nasdaq deficiency notice for a delayed 10-Q filing.

Name

Hub Group

Legal name

Hub Group, Inc.

Website

https://hubgroup.com

Company type

Public

Founded year

1971

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Hub Group (NASDAQ: HUBG) is a North American multimodal 3PL offering intermodal, trucking, brokerage, warehousing, and final-mile services, operating the second-largest private intermodal container fleet and serving retail, e-commerce, CPG, automotive, and healthcare customers including Walmart.

Ownership category

akta.pro rank

Product category

Third-Party Logistics Services

NAICS

Freight Transportation Arrangement (488510), Freight Transportation Arrangement (48851), General Freight Trucking, Long-Distance (48412)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Trucking & Courier Services (No Air) (4210), Public Warehousing & Storage (4220)

akta.pro primary industry

Intermodal Freight Brokerage / Managed Intermodal (3PL/4PL) (TLADAFAG)

akta.pro secondary industry

Customer Visibility Portals & Shipment Collaboration (TLAEADAK)

Keywords

• Intermodal transportation
• Truck brokerage services
• Supply chain logistics
• Warehousing fulfillment
• Third-party logistics

Headquarters

HQ city

Oak Brook

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Intermodal Transportation: Asset-based intermodal transportation services leveraging Hub Group's proprietary container fleet, rail carrier partnerships, and nationwide network. Provides flexible, reliable transportation across North America with temperature-controlled options.
2. Truck Brokerage: Truck brokerage combining technology with an expansive operations network to source capacity from national and regional carriers for cost-effective, safe, and timely freight delivery.
3. Asset Trucking: Company-owned trucking fleet with up-to-date, high-quality trucks and equipment ensuring reliable and safe shipment delivery.
4. Dedicated Trucking: Customized dedicated trucking services including fleet management and 24/7 administrative support, providing supply chain efficiency and regulated costs.
5. Managed Solutions: 3PL managed transportation services including LTL freight optimization, complete outsource logistics, and full truckload logistics & shipping.
6. Consolidation & Fulfillment: Warehousing and fulfillment services including cross dock, retail consolidation, and e-commerce fulfillment with approximately 4 million square feet of warehousing space added through TAGG Logistics acquisition.
7. International Freight: Global shipping and freight forwarding services with international drayage capabilities.
8. Final Mile Delivery: Home and business delivery services including reverse logistics and big/bulky last mile delivery through NonStopDelivery acquisition.
9. Parcel Solutions: Parcel management services for parcel shipping optimization.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Hub Group is a multimodal third-party logistics provider offering asset-based intermodal transportation, truck brokerage, asset and dedicated trucking, warehousing and e-commerce fulfillment, international freight forwarding, final mile delivery, and parcel solutions across North America. The company combines its 45,000+ GPS-equipped proprietary intermodal container fleet, rail partnerships with carriers such as Union Pacific, owned trucking assets, and roughly 4 million square feet of warehousing (added through the TAGG Logistics acquisition) to deliver integrated supply chain services from a single point of contact. Its proprietary Hub Connect platform provides 24/7 shipment visibility, rate quoting, scheduling, freight analytics, and AI/ML-driven ETA optimization across all transportation modes.

Product overview

Hub Group is a comprehensive transportation and logistics solutions provider offering an integrated platform of intermodal, trucking, and logistics management services. The core offering centers on intermodal transportation leveraging rail-truck combinations with an asset-based fleet of 45,000+ GPS-equipped containers, supported by truck brokerage, dedicated trucking, and asset trucking services. The company operates as an award-winning 3PL with Hub Connect as its proprietary technology platform enabling multimodal tracking, freight analytics, and shipment management. Logistics management encompasses managed solutions, consolidation and fulfillment (including e-commerce fulfillment through CaseStack), final mile delivery (through NonStopDelivery), international freight, and parcel solutions. Temperature-controlled services were recently expanded through the acquisition of Marten Transport Intermodal. The company serves diverse industries including retail, e-commerce, CPG, automotive, healthcare, food and beverage, and building products.

Differentiator

Problem solved

Functional benefit

Products and services

• Intermodal Transportation Hub Group's primary intermodal service combining rail and truck transportation across North America, leveraging an asset-based domestic 53' container fleet of 45,000+ GPS-equipped units and partnerships with major rail carriers.
• Truck Brokerage Non-asset truck brokerage combining technology with an expansive carrier network to source capacity for cost-effective truckload, LTL, expedited, flatbed, and specialized freight transportation.
• Asset Trucking Company-owned regional trucking services with Hub Group equipment and drivers delivering reliable, safety-focused linehaul and regional capacity.
• Dedicated Trucking Customized dedicated trucking services providing dedicated capacity, fleet management, specialized equipment, and 24/7 administrative support for shippers requiring contracted capacity.
• Managed Solutions (3PL) Comprehensive 3PL managed transportation services including LTL freight optimization, complete outsource logistics, and full truckload logistics and shipping.
• Consolidation & Fulfillment Warehousing and fulfillment services including cross-dock, retail consolidation, and e-commerce fulfillment across approximately 4 million square feet of facility space added through the TAGG Logistics acquisition.
• Final Mile Delivery Home and business delivery services including reverse logistics and big/bulky last mile delivery, operated through the NonStopDelivery subsidiary.
• International Freight Shipping Global shipping and freight forwarding services plus international drayage capabilities for cross-border supply chain needs.
• Parcel Solutions Parcel management services providing parcel shipping optimization for smaller package logistics.
• Hub Connect Platform Proprietary logistics technology platform providing 24/7 multimodal shipment tracking, rate quotes, shipment scheduling, historic document library, freight analytics, and weather/traffic overlays, accessible from desktop, laptop, tablet, or phone.
• Temperature-Controlled Intermodal Service Temperature-controlled intermodal transportation services for perishable goods, expanded through acquisition of Marten Transport Intermodal for cold chain capability.
• North American Cross-Border Logistics Cross-border transportation services between the US and Mexico/Canada, including an EASO joint venture supporting Mexico-US nearshoring logistics.
• Railcar Management Railcar management services for rail-based transportation optimization on behalf of shippers.

Quantifiable outcome

• 9.7 billion lbs of CO2 emissions saved over three years through intermodal transportation
• +3 more outcomes

Named customers2 records

Segments9 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• WalmartcoreChannel Partner/ Reseller/ Distributor · 26 May 2026Hub Group was selected as one of only three national third-party logistics providers for Walmart's Prepaid Consolidation Program. Under this program, Hub Group handles inbound supplier logistics including consolidated truckload shipments to automated consolidation centers (Colton, CA; Minooka, IL; Lebanon, PA) feeding Walmart's 42 regional distribution centers. Hub Group provides transportation management, multimodal capacity, and strategically positioned warehouse infrastructure.
• C.H. RobinsoncoreChannel Partner/ Reseller/ Distributor · 26 May 2026C.H. Robinson is one of two other approved third-party logistics providers alongside Hub Group for Walmart's Prepaid Consolidation Program. All three providers operate under published rate cards handling shipments for suppliers under single national purchase orders.
• RJW LogisticscoreChannel Partner/ Reseller/ Distributor · 26 May 2026RJW Logistics is one of two other approved third-party logistics providers alongside Hub Group for Walmart's Prepaid Consolidation Program. All three providers operate under published rate cards handling shipments for suppliers under single national purchase orders.
• Marten TransportcoreStrategic or Co-development Partner · 17 October 2025Hub Group expanded its temperature-controlled intermodal service through the acquisition of Marten Transport's intermodal division, strengthening its cold chain capabilities for perishable goods transportation. The acquisition was valued at approximately $51.8 million.
• TAGG LogisticscoreStrategic or Co-development Partner · 22 August 2022Hub Group acquired TAGG Logistics, a provider of e-commerce, B2B, and omnichannel fulfillment solutions, for $103 million cash. The acquisition expanded Hub Group's consolidation and fulfillment capabilities, adding approximately 4 million square feet of warehousing space and approximately $200 million in expected 2022 revenue.
• EASOminorStrategic or Co-development PartnerHub Group formed a joint venture with EASO for cross-border logistics between the US and Mexico, helping shippers navigate cross-border complexity as Mexico became the US's largest trading partner at approximately $878 billion in goods traded in 2025.
• Union PacificcoreChannel Partner/ Reseller/ DistributorHub Group partners with Union Pacific rail carrier to deliver intermodal transportation services, leveraging rail-road combinations for cost efficiency and sustainability. The partnership positions Hub Group as the largest intermodal marketing company to benefit from potential UNP-NSC rail merger scenarios.

Scale indicators16 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• C.H. Robinson Worldwide: The largest US freight broker and non-asset 3PL with a global forwarding network. C.H. Robinson is a direct peer to Hub Group in truck brokerage, intermodal, and managed transportation, and is explicitly named alongside Hub Group as one of only three approved 3PLs for Walmart's Prepaid Consolidation Program.
• J.B. Hunt Transport Services: Operates the largest dedicated intermodal fleet in North America and competes head-to-head with Hub Group in intermodal, dedicated truckload, and integrated capacity solutions. J.B. Hunt is the closest asset-based intermodal peer and the natural benchmark for Hub Group's intermodal franchise.
• Schneider National: Asset-based truckload, intermodal, and logistics provider that directly competes with Hub Group across intermodal, truckload, dedicated, and brokerage services. Comparable customer mix in retail, CPG, and manufacturing.
• RXO: Asset-light freight brokerage spin-off from XPO that competes directly with Hub Group's Truck Brokerage business and Managed Solutions 3PL offering, with comparable exposure to truckload and LTL rate cycles.
• Werner Enterprises: Asset-based truckload and dedicated carrier with a logistics segment that competes with Hub Group in truck brokerage and dedicated capacity. Similar exposure to retail and CPG freight and similar capital intensity.
• Landstar System: Asset-light freight network that competes with Hub Group's truck brokerage business through BCO-owner-operator capacity. Different model (asset-light vs asset-based) but overlapping customers and truckload markets.

Broad incumbents

• XPO: Less-than-truckload and transportation services incumbent offering intermodal, truck brokerage, and last-mile capabilities that overlap with Hub Group's portfolio. Broader scale and LTL focus make XPO a broad incumbent peer rather than a direct niche competitor.
• Knight-Swift Transportation: Largest US truckload carrier with growing logistics and intermodal operations. Comparable diversified asset-based model with truckload, dedicated, and brokerage exposure that competes with Hub Group across multiple service lines.
• ArcBest: LTL and asset-based logistics provider competing with Hub Group's truck brokerage and managed transportation services. ArcBest's integrated solutions overlap with Hub Group's 3PL offerings for enterprise shippers.

Regional players

• Expeditors International: Global freight forwarder with strong airfreight and ocean forwarding exposure that overlaps with Hub Group's International Freight service. Different primary mode mix but directly comparable on global forwarding and customs-driven cross-border work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hubgroup
• LinkedInlinkedin.com/company/16506

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A15 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hub Group