Hub Group Inc. is a transportation management company that was founded in 1971 and is based in Oak Brook, Illinois. The company offers a wide range of logistics services, including intermodal, truck brokerage, dedicated transportation, and supply chain solutions. Hub Group serves various industries, such as retail, consumer goods, automotive, and more, helping its clients streamline their transportation operations and optimize supply chain efficiency.
As an intermodal marketing company, Hub Group leverages a combination of rail and truck transportation to offer cost-effective and environmentally friendly shipping solutions. By integrating multiple modes of transportation, the company provides seamless and efficient door-to-door service for its customers. Hub Group also operates a truck brokerage division that connects shippers with available carriers to fulfill their truckload and less-than-truckload shipping needs.
In addition to intermodal and truck brokerage services, Hub Group offers dedicated transportation solutions tailored to meet the specific requirements of its customers. This includes dedicated fleet management, where the company provides dedicated drivers, equipment, and operational expertise to support the transportation needs of individual customers.
Hub Group went public in 1996 and is traded on the NASDAQ stock exchange under the ticker symbol "HUBG." The company has experienced steady growth over the years and has expanded its service offerings and geographical reach through strategic acquisitions and partnerships. With a focus on leveraging technology and data analytics, Hub Group aims to provide innovative solutions that drive efficiency, visibility, and cost savings for its customers.