Public Company Transportation & Logistics

Hub Group

Oak Brook, Illinois, United States

Hub Group provides end-to-end, technology-enabled supply chain solutions—including transportation and logistics management—delivered via an asset-backed, multimodal network and a single point of contact for customers seeking better cost control, service, and visibility.

Focus Areas
Intermodal transportation, Truck brokerage, Multimodal supply chain solutions
Website
hubgroup.com

Tracked deals

3

3 tracked deals across 2020-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

Hub Group Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Hub Group. 1 2020 1 2021 1 2022

Supporting Data

Recent Transactions

  • Buyer
    Hub Group
    Target
    TAGG Logistics
    Industry
    Transportation
    Location
    United States
    Type
    Buyout

    Hub Group (Nasdaq: HUBG) acquired TAGG Logistics, a nationwide e-commerce, B2B and omnichannel fulfillment and transportation services provider, for $103 million in cash. The acquisition adds TAGG's ~4 million square feet of warehouse capacity, ~800 employees and expected $200 million of 2022 revenue to Hub Group’s logistics offering, expanding its consolidation and fulfillment footprint and e-commerce capabilities.

  • Buyer
    Hub Group, Inc.
    Target
    Choptank Transport, Inc.
    Industry
    Transportation
    Type
    Buyout

    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.

  • Buyer
    Hub Group, Inc.
    Target
    NonstopDelivery, LLC
    Type
    Buyout

    Hub Group, Inc. acquired NonstopDelivery, LLC (NSD), a non-asset based last-mile logistics provider based in Chantilly, Virginia, to add residential last-mile delivery capabilities and provide end-to-end supply chain solutions to its customers. NSD's senior leadership will remain with the business, which operates a nationwide agent network and is expected to be accretive to Hub Group's earnings.

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