Hub Group Acquires TAGG Logistics

Hub Group Acquires Choptank Transport

October 20, 2021

Transportation

Hub Group (Nasdaq: HUBG) acquired Choptank Transport, a non-asset refrigerated third-party logistics provider based in Preston, Maryland, for $130 million in cash. The deal expands Hub Group's refrigerated and brokerage capabilities, adds Choptank's technology platform and ~400 employees, and advances Hub's cold-chain strategy to better serve customers across food and retail supply chains.

GlobalTranz Acquires TAKTIK Logistics Group, Inc.

June 8, 2021

Logistics & Distribution

GlobalTranz Enterprises, LLC acquired TAKTIK Logistics Group, Inc., a Pleasanton, California–based freight brokerage and logistics agency. The deal brings TAKTIK's freight management expertise and customer-service capabilities into GlobalTranz's agent network and converts the Pleasanton office into a GlobalTranz branch.

H.I.G. Capital Acquires Majority Stake in Capstone Logistics from The Jordan Company

October 21, 2020

Logistics & Distribution

H.I.G. Capital agreed to acquire a majority stake in Capstone Logistics, a Peachtree Corners, Georgia–based third‑party logistics provider, from an affiliate of The Jordan Company. Capstone’s management, led by CEO Steve Taylor, will remain shareholders and TJC will retain a minority stake and reinvest; the deal is positioned to accelerate Capstone’s organic growth and acquisition strategy.

Source Logistics Acquires LaGrou Distribution Warehousing Business

March 5, 2025

Logistics & Distribution

Source Logistics has acquired LaGrou Distribution's warehousing business in Northeast Illinois, adding eight Chicago-area facilities and over 2 million square feet of refrigerated and frozen storage to its platform. The deal expands Source Logistics' national network into the Midwest (bringing its footprint to 23 locations and 5+ million sq ft) and introduces cold-chain capabilities to its service offering; LaGrou's non-warehousing and transportation divisions remain with prior owners.

Symbia Logistics Acquires Colorado Distribution Group

January 26, 2024

Logistics & Distribution

Symbia Logistics, a Colorado-based third-party logistics provider, has acquired Colorado Distribution Group (CDG), adding a 140,000 sq. ft. facility and a ~20-person team. The acquisition expands Symbia's nationwide footprint and strengthens its multichannel fulfillment, cross-docking and reverse logistics capabilities.

Magnate Worldwide Acquires Cargo Logistics Group

June 6, 2023

Transportation

Magnate Worldwide has acquired Cargo Logistics Group (CLG), a specialized provider of custom logistics solutions founded in 1993. CLG will join Magnate’s Masterpiece International platform, expanding the group's capabilities in mission-critical freight forwarding and adding a direct presence in the Baltimore/Washington, D.C. area.