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OAK BROOK, Ill. - Hub Group, Inc. (NASDAQ:HUBG), a transportation company with a market capitalization of $2.1 billion, has completed its acquisition of certain assets from Marten Transport, Ltd. Intermodal (NASDAQ:MRTN), the company announced Tuesday. According to InvestingPro data, Hub Group currently appears undervalued based on its Fair Value analysis. The transaction, which closed on September 30, adds approximately 1,200 refrigerated containers and intermodal commercial relationships with food and beverage industry shippers to Hub Group’s operations.
The acquisition aligns with Hub Group’s strategy to invest capital in its core business to support volume growth and improve network fluidity.
In a separate transaction, Hub Group also finalized the acquisition of certain assets from West-Coast final mile provider SITH, LLC on September 8. This move supports the company’s strategic plan to expand its final mile services and network capacity. Financial terms of this acquisition were not disclosed.
Hub Group, a transportation and logistics management solutions provider, reported approximately $4 billion in revenue and employs nearly 6,000 workers. The company offers supply chain services with technology integration for visibility and efficiency.
Both acquisitions represent Hub Group’s continued focus on strategic growth in key service areas, according to the company’s press release statement.
In other recent news, Hub Group Inc. reported its second-quarter 2025 earnings, revealing a slight beat on earnings per share (EPS) expectations with an EPS of $0.45 compared to the projected $0.44. However, the company’s revenue of $905.6 million fell short of the anticipated $918.11 million. Benchmark has maintained its Buy rating on Hub Group, citing the potential benefits of the proposed merger between Union Pacific and Norfolk Southern, which are exclusive rail partners of Hub Group in the United States. Additionally, Hub Group announced the upcoming retirement of Thomas P. LaFrance, Executive Vice President, Chief Legal Officer, and Corporate Secretary, effective January 2, 2026. LaFrance will assist with the transition until March 6, 2026. These developments reflect recent activities and strategic directions for Hub Group.
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