Hub Group Inc. (HBG)

Overview

Hub Group, Inc. is a prominent supply chain solutions provider based in North America, specializing in transportation and logistics management services. Since its inception in 1971, the company has been committed to offering a wide range of transportation solutions across various industries, including retail, consumer products, and durable goods. Hub Group operates with a strong infrastructure and a fleet to manage a diverse array of logistics needs. The company has grown to own approximately 50,000 dry, 53-foot containers, and 900 refrigerated and 53-foot containers by the end of 2023. Headquartered in Oak Brook, Illinois, Hub Group continues to expand its services to meet the evolving demands of the logistics and transportation industries.

Products and Services

• Intermodal Services - Hub Group integrates rail and truck transport to provide efficient and cost-effective freight movement across North America.
• Truckload Services - The company offers full truckload transportation solutions, servicing a broad range of shipment sizes and types including temperature-controlled and flatbed trucking.
• Less-than-Truckload (LTL) - This service is tailored for smaller freight that does not require an entire truck, providing a flexible and efficient shipping option.
• Dedicated and Regional Trucking - Hub Group provides specialized trucking services designed for businesses needing dedicated routes and regional transportation.
• Final Mile and Small Parcel Services - Focused on the last leg of delivery, these services ensure products reach their final destination promptly and securely.
• Railcar and International Transportation - The company extends its services beyond domestic borders, offering comprehensive railcar services and international transportation solutions.
• Logistics Services - Hub Group offers a full suite of logistics services, including outsourced logistics solutions, transportation management, freight consolidation, warehousing and fulfillment, as well as parcel and international services.
• Brokerage Services - With an expansive network, Hub Group connects clients with dry van, expedited, refrigerated, and flatbed truck brokerage services, complementing its in-house fleet capabilities.

In providing these services, Hub Group employs a fleet of approximately 2,300 tractors, engages 460 independent owner-operators, and maintains around 4,300 trailers, delivering unparalleled support to its customers across varied industries.