Hub Group provides customized multimodal transportation and logistics services to manage and improve customers' supply chains. It combines an asset-backed network with proprietary technology to optimize networks across modes and coordinate shipments with a single point of contact, delivering an end-to-end logistics solution. It differentiates itself with a large asset base (containers, drivers, trailers, terminals), integrated technology, centralized management, and a focus on cost control, service, visibility, and sustainability, plus deep supply-chain analytics. Its goal is to help customers gain better control over costs and service, achieve clear visibility, and reach their unique business goals through a scalable, reliable logistics platform.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Oak Brook, Illinois
Founded
1971
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
Dental Insurance
Vision Insurance
Flexible Spending Account
Life Insurance
Disability Insurance
Paid Time Off
Paid Holidays
Hub Group announced significant changes to its board of directors following action by controlling shareholders from the Yeager family. On 1 October 2026, the shareholders appointed four new directors and removed three existing board members. Gregory D. Bunch, Thomas P. Fitzgerald, Thaddeus J. Malik, and Thomas M. White joined the board. Three directors were removed without cause, and three others resigned. The board now consists of seven directors, including Chairman David P. Yeager and Vice Chairman Phillip D. Yeager. The changes do not affect Hub Group's management team or operations. The company continues working to complete its financial statement restatement process and file delayed periodic reports, expected in the fourth quarter of 2026. Hub Group is appealing Nasdaq's delisting determination after failing to file required reports. A hearing is scheduled for 27 October 2026.
Hub Group has announced 2026 revenue guidance of approximately $3.6–3.8 billion whilst navigating an accounting review and restatement process. The company has brought back executive chairman David Yeager as chief executive officer and appointed Patrick O'Donnell as CFO-elect to strengthen leadership during this period. The logistics firm has secured an amended credit agreement extending financial reporting deadlines to 30 November 2026. The agreement also permits certain restatement-related costs to be added back to EBITDA for covenant calculations, providing breathing room to complete the accounting review. Hub Group maintained its quarterly dividend of $0.125 per share despite the ongoing restatement and a potential Nasdaq listing challenge. The company's investment case hinges on resolving the accounting issues whilst preserving confidence in its intermodal and logistics platform.
Hub Group Inc. shares fell in premarket trading Monday after the company said it expects to receive a Nasdaq delisting notice due to delayed financial reporting. The firm needs additional time to complete financial restatements and related audits, expecting to finish filings in the fourth quarter of 2026. The company announced a leadership shake-up, with David Yeager returning as chairman and CEO. Patrick O'Donnell joined as CFO-elect, whilst Todd Heeter continues as interim CFO overseeing the restatement. Hub Group expects first-half consolidated operating revenue of $1.70 billion to $1.80 billion and an operating loss for the period. The loss stems from higher fuel, rail, and drayage costs, excess logistics capacity, and incremental costs from its accounting review. The firm intends to appeal any delisting determination.
Hub Group, Inc. sued for securities Law violations - contact the DJS Law Group to discuss your rights - HUBG. Aug 27, 2026, 02:23 ET LOS ANGELES, Aug. 27, 2026 /PRNewswire/ - The DJS Law Group reminds investors of a class action lawsuit against Hub Group, Inc. ("Hub Group" or "the Company") (NASDAQ: HUBG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of HUBG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: April 28, 2023 to May 11, 2026 DEADLINE: August 28, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Multiple Hub Group financial statements from 2023 and 2024 including its annual reports included material misstatements on multiple topics including revenue recognition and operating income. The Company's financial statements from Q1 2025 to Q3 2025 contained other misstatements. Based on these facts, Hub Group's public statements were false and materially misleading throughout the class period. WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. As one of the founding partners of Schall Brown & Schwartz LLP (schallfirm.com), David Schwartz specializes in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. David J. Schwartz DJS Law Group 274 White Plains Road, Suite 1 Eastchester, NY 10709 Phone: 914-206-9742 SOURCE DJS Law Group LLP
InfraRed Capital Partners takes majority stake in Rail Modal Group, accelerating embedded finance in intermodal logistics. InfraRed Capital Partners has announced a majority-stake acquisition of Rail Modal Group, the U.S. inland intermodal rail terminal and export logistics platform, signaling a strategic push into supply-chain-focused fintech infrastructure. The deal, unveiled on Aug. 3, 2026, places InfraRed - an international infrastructure asset manager - at the helm of RMG's network of rail-to-port terminals that consolidate agricultural freight into 100-plus-car unit trains bound for West Coast container ports. While the announcement reads like a classic infrastructure transaction, the underlying technology platform and its integration potential with digital payments, open banking, and embedded finance solutions make the move highly relevant for enterprise marketing teams and fintech innovators alike. The deal in detail. InfraRed's value-add fund acquired a controlling interest in Rail Modal Group, founded in 2018 by Greg Oberting, who will remain CEO. Financial terms were not disclosed. InfraRed's partner for the Americas, Filip Guz, highlighted RMG's "asset-backed platform" and "compelling pipeline of growth opportunities." The acquisition aligns InfraRed's capital-intensive expertise with RMG's proven logistics model, which has shipped more than 1,200 unit trains - equivalent to roughly 200 million truck miles - since inception. How RMG's technology works. RMG operates a software-driven transloading hub that receives bulk agricultural products at inland terminals, consolidates them into containerized loads, and dispatches full-length unit trains to maritime gateways. The platform's core features include: * Real-time freight visibility through IoT sensors and a cloud-based TMS that integrates with Class I railroads and ocean carriers. * Dynamic capacity allocation powered by algorithms that match shipper demand with available rail slots, reducing dwell time by up to 15 % according to an internal RMG study. * Embedded payment rails that trigger electronic invoices the moment cargo is loaded, enabling instant settlement via ACH or API-enabled digital wallets. These capabilities already intersect with fintech trends. The embedded payment layer, for example, can be extended through open banking APIs to offer producers immediate working-capital financing, while blockchain-based provenance tags could certify organic or non-GMO status for downstream buyers. Why the acquisition matters for fintech. The logistics sector is increasingly becoming a playground for fintech services. Gartner predicts that 70 % of supply-chain finance transactions will be fully digital by 2027, and the United States agricultural export market - valued at $140 billion in 2023 (Statista) - offers a massive pool of repeat, high-value transactions. By coupling RMG's physical infrastructure with InfraRed's capital, the combined entity can: * Launch embedded financing products that automatically extend credit to shippers at the point of booking, a model championed by financial platforms like Stripe Treasury and Amazon Business. * Integrate with open-banking ecosystems (e.g., Plaid, Yodlee) to pull real-time balance data, allowing dynamic discounting and early-payment incentives. * Deploy blockchain ledgers for immutable tracking of container custody, a feature that could satisfy compliance demands from retailers using Salesforce's sustainability cloud. For enterprise marketing teams, the synergy creates a data-rich environment where transactional metadata can be leveraged for account-based campaigns. Marketers can segment shippers by freight volume, financing usage, and sustainability certifications, then personalize outreach through Adobe Experience Cloud or Microsoft Dynamics 365. Competitive landscape. RMG competes with a handful of intermodal specialists such as Hub Group, J.B. Hunt's Intermodal division, and the emerging blockchain-focused platform CargoX. While these rivals focus primarily on physical capacity, RMG's technology stack differentiates itself by embedding financial services directly into the freight workflow. This "finance-first" approach mirrors the trajectory of embedded finance platforms like Square's Seller Loans, but applied to a B2B logistics context. InfraRed's entry also puts pressure on traditional banks that have historically provided trade finance to agricultural exporters. As fintech solutions erode the friction of legacy paperwork, banks will need to partner with platforms that already own the data pipeline - something InfraRed and RMG can now claim. Implications for enterprise marketing teams. * Data-driven targeting - The combined platform will generate granular shipment-level data, enabling marketers to build predictive models for cross-sell of financing products. * Co-branded experiences - Partnerships with cloud providers like Google Cloud can power analytics dashboards that showcase ROI for shippers using embedded payment options. * Content personalization - Using AI-generated insights from the logistics-finance engine, marketers can craft hyper-relevant case studies for verticals such as grain, soy, and specialty crops. In short, the acquisition transforms a logistics play into a fintech-enabled ecosystem, giving enterprise marketers a new lever for revenue growth and customer loyalty. Market landscape. The intermodal rail market moves over 40 % of long-distance freight in the U.S. (IDC), and rail-to-port transloading is a critical node for the $1.5 trillion agricultural sector. As climate-policy pressures push shippers toward lower-carbon transport modes, rail's energy efficiency - up to 75 % less CO[2] per ton-mile than trucking (McKinsey) - offers a compelling value proposition. Simultaneously, the fintech industry is witnessing a surge in embedded finance, projected by Forrester to generate $7 trillion in incremental GDP by 2030. The convergence of these trends creates a fertile ground for platforms that can marry physical freight handling with digital financial services. Top insights. * InfraRed's majority stake gives RMG access to $2 billion of infrastructure capital, accelerating terminal expansion and technology upgrades. * Embedded finance within RMG's TMS can reduce shipper DSO from 45 days to under 30 days, improving cash flow for agricultural producers. * By leveraging open-banking APIs, RMG could offer instant credit lines that are 20 % cheaper than traditional bank loans, according to a recent Forrester benchmark. * The acquisition positions RMG as a potential "logistics-as-a-service" provider, rivaling pure-play SaaS fintech firms in the B2B space. * Enterprise marketers will gain a new source of high-intent leads through real-time freight-finance data, enabling more precise ABM campaigns. * News * August 3, 2026 SS&C Powers First Plus' Cross-Border Ops in APAC. SS&C Powers First Plus' Cross-Border Ops in APAC - First Plus Asset Management (FPAM) announced it will rely on SS&C's integrated investment-operations platform to run transfer agency, order management, execution... * News * August 3, 2026 Shenzhen Razlon Technology rolls out next-gen smart card and RFID solutions for enterprise identification. Shenzhen Razlon Technology rolls out next-gen smart card and RFID solutions for enterprise identification, unveiling a refreshed product line that blends high-security plastic cards with embedded IoT-ready chips aimed at...