Hub Group
Corporate brand
UnclaimedA North American transportation and logistics management company specializing in intermodal transportation, trucking, warehousing, and supply-chain services.
Last updated October 15, 2026
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Overview
Hub Group is a publicly traded North American transportation and logistics management company headquartered in Oak Brook, Illinois. Its principal activities include intermodal transportation, drayage, dedicated and asset-light trucking, warehousing, fulfillment, and broader supply-chain management. The company serves shippers by coordinating freight across rail, road, distribution facilities, and specialized delivery networks rather than relying on a single transportation mode. The business began in 1971 when Phillip and Joyce Yeager established Hub City Terminals in Hinsdale, Illinois. Phillip Yeager had spent 19 years with the Pennsylvania Railroad before leaving to establish the company. The original operation was a shipper’s agent: it arranged intermodal transportation with railroads on behalf of customers. The company reportedly began with $10,000 and operated from a small office above a flower shop. In 1975, the Yeagers created a group of separately operated S corporations as the business expanded geographically. The name Hub City Terminals was changed to Hub Group in 1985. Hub Group developed from a collection of regional offices into a more integrated transportation network. David Yeager, Phillip Yeager’s son, joined the company in 1975, opened its Pittsburgh regional office, became vice-chairman in 1992, and became chief executive officer in 1995. The company completed its initial public offering in 1996. In the following years it expanded its regional presence and consolidated ownership of its operating offices. By 2004, Hub Group had reorganized from a geography-based structure with multiple independent profit centers into a centralized organization intended to compete as one network. Acquisitions broadened the company beyond its original intermodal agency model. In 2006, Hub Group purchased Memphis-based Comtrak Logistics, a drayage provider with which it had maintained a long business relationship. The transaction added customer relationships and transportation-tracking technology. In 2017, the company acquired Estenson Logistics, a national dedicated-trucking provider, and subsequently retired the Estenson name in favor of the Hub Group brand. In 2018, Hub Group sold Mode Transportation and acquired CaseStack Logistics, adding consolidation and warehousing capabilities serving consumer packaged-goods and retail customers. CaseStack later operated as CaseStack Retail Supplier Solutions within Hub Group. The company continued expanding final-mile, temperature-controlled, and fulfillment capabilities. It acquired NonstopDelivery in 2020, adding a nationwide delivery network supported by more than 170 agent locations. In 2021, it acquired Choptank Transport, a third-party logistics provider with particular strength in refrigerated and frozen freight. In 2022, Hub Group acquired TAGG Logistics, an e-commerce and omnichannel fulfillment provider with a network of fulfillment locations. Leadership has remained closely associated with the Yeager family. Phillip Yeager died in 2008 after complications following a heart attack, and David Yeager assumed the chairmanship later that year. David Yeager announced his retirement from the chief executive role in 2022, with his son, Phillip D. Yeager, designated to become chief executive officer on January 1, 2023. Hub Group’s present positioning reflects a strategy of combining intermodal expertise with trucking, warehousing, fulfillment, and managed transportation services for customers seeking an integrated logistics provider.
History
Hub Group traces its origins to 1971, when Phillip and Joyce Yeager founded Hub City Terminals in Hinsdale, Illinois. Phillip Yeager left the Pennsylvania Railroad after 19 years to establish a business acting as a shipper’s agent, arranging intermodal freight movements with railroads. The company began in a modest office and initially focused on coordinating transportation rather than owning a large physical fleet. In 1975, the Yeagers established a series of separately operated S corporations to support geographic expansion. David Yeager joined the business that year and opened a regional office in Pittsburgh. The regional-office model enabled Hub City Terminals to develop a wider customer and operating network, but it also produced a decentralized structure in which offices maintained separate profit-and-loss responsibilities. The company adopted the Hub Group name in 1985. David Yeager became vice-chairman in 1992 and chief executive officer in 1995. Hub Group went public in 1996, marking a major transition from a family-founded regional enterprise to a publicly traded transportation company. It subsequently expanded its network and, in 1998, borrowed funds to purchase outstanding minority interests in its regional offices. This helped bring the previously fragmented structure under greater corporate control. A significant organizational change occurred in 2004, when Hub Group moved away from a geography-based operating model with multiple regional profit centers and created a centralized organization headquartered in Lombard, Illinois. The reorganization was intended to allow the company to compete as a unified network. Hub Group then used acquisitions to add complementary transportation services. Its 2006 purchase of Comtrak Logistics strengthened drayage, the short-haul movement of freight between rail terminals, ports, and customer facilities, while also adding customer accounts and tracking technology. The Yeager family remained important to the company’s leadership. Founder and chairman Phillip Yeager died in October 2008 following complications from a heart attack. David Yeager became chairman the next month while continuing to lead the company. During the 2010s and early 2020s, Hub Group pursued a broader logistics model. The 2017 acquisition of Estenson Logistics expanded dedicated trucking, and the Estenson name was later retired as the operations were incorporated into Hub Group. In 2018, Hub Group sold Mode Transportation and acquired CaseStack Logistics, adding consolidation and warehousing services oriented toward consumer packaged goods and retail. CaseStack subsequently operated within the group as CaseStack Retail Supplier Solutions. Further acquisitions added final-mile delivery, temperature-controlled freight, and fulfillment. NonstopDelivery was acquired in 2020, Choptank Transport in 2021, and TAGG Logistics in 2022. Together, these transactions extended Hub Group beyond traditional intermodal coordination into delivery networks, refrigerated and frozen transportation, e-commerce fulfillment, and omnichannel supply-chain services. In 2022, David Yeager announced his retirement as chief executive. His son, Phillip D. Yeager, became CEO on January 1, 2023. The succession continued the company’s long association with the Yeager family while Hub Group operated as a diversified, publicly traded North American logistics provider.
- 2023
Phillip D. Yeager becomes CEO
[1]Phillip D. Yeager succeeds David Yeager as chief executive officer on January 1.
- 2022
TAGG Logistics acquisition
[1]The acquisition expands Hub Group’s e-commerce and omnichannel fulfillment services.
- 2021
Choptank Transport acquisition
[1]Hub Group adds a refrigerated and frozen freight specialist through the acquisition of Choptank Transport.
- 2020
NonstopDelivery acquisition
[1]The company adds a nationwide final-mile delivery network through the acquisition of NonstopDelivery.
- 2018
CaseStack acquisition and Mode divestiture
[1]Hub Group sells Mode Transportation and acquires CaseStack Logistics to expand consolidation and warehousing services.
- 2017
Estenson Logistics acquisition
[1]Hub Group acquires a national dedicated-trucking provider and later integrates it under the Hub Group brand.
- 2008
Founder Phillip Yeager dies
[1]Phillip Yeager dies following complications from a heart attack, and David Yeager becomes chairman.
- 2006
Comtrak Logistics acquisition
[1]Hub Group acquires the Memphis-based drayage provider Comtrak Logistics.
- 2004
Centralized operating structure
[1]The company reorganizes from multiple geography-based profit centers into a centralized network headquartered in Lombard, Illinois.
- 1996
Initial public offering
[1]Hub Group becomes a publicly traded company.
Products and positioning
An integrated, asset-light transportation and supply-chain partner combining intermodal rail expertise with trucking, warehousing, fulfillment, and specialized logistics services across North America.
Transportation service · 1971
Intermodal transportation
Hub Group’s foundational offering coordinates freight moved through multiple transportation modes, especially rail and truck. The company arranges rail transportation, terminal movements, and related drayage so shippers can use rail capacity while maintaining truck-based pickup and delivery. Intermodal remains central to the company’s identity and provides the platform around which its broader logistics services have developed.
Transportation service · 2006
Drayage
Drayage covers short-distance freight movements connecting rail terminals, ports, distribution centers, and customer facilities. Hub Group strengthened this capability through its acquisition of Comtrak Logistics in 2006. The service supports intermodal shipments by handling the road segments that connect longer rail journeys with origin and destination locations.
Trucking service · 2017
Dedicated trucking
Hub Group provides dedicated transportation programs designed around recurring customer freight and operating requirements. The acquisition of Estenson Logistics in 2017 broadened this part of the portfolio. Dedicated trucking gives customers more consistent capacity and operational planning than transactional freight arrangements, complementing Hub Group’s intermodal and managed-transportation activities.
Warehousing and supply-chain service · 2018
CaseStack Retail Supplier Solutions
CaseStack Retail Supplier Solutions is the Hub Group offering derived from CaseStack Logistics, acquired in 2018. It focuses on consolidation, warehousing, and related supply-chain services for consumer packaged-goods and retail customers. The offering extends Hub Group’s reach into inventory and distribution activities that sit between transportation movements and retail delivery.
Delivery service · 2020
Final-mile delivery
Hub Group expanded final-mile delivery through the acquisition of NonstopDelivery in 2020. The acquired network included more than 170 agent locations and was designed to provide coverage across U.S. ZIP codes. Final-mile capability allows the company to manage the delivery leg closest to the end customer, complementing its longer-haul and warehouse services.
Specialized logistics service · 2021
Temperature-controlled logistics
Hub Group’s temperature-controlled logistics capability was expanded through its 2021 acquisition of Choptank Transport. Choptank specialized in refrigerated and frozen transportation and brought a large carrier network into Hub Group’s third-party logistics offering. This service supports freight requiring controlled temperatures throughout transportation planning and execution.
Fulfillment service · 2022
E-commerce and omnichannel fulfillment
The acquisition of TAGG Logistics in 2022 added e-commerce and omnichannel fulfillment to Hub Group’s portfolio. These services coordinate inventory, order processing, and distribution across multiple sales channels. They position Hub Group to support retailers and brands whose fulfillment requirements span direct-to-consumer, online, and conventional retail operations.
Controversies
2026
Hub Group sued in securities fraud class action over financial restatements
A securities fraud class action was filed against Hub Group Inc. and certain senior executives in the U.S. District Court for the Northern District of Illinois. The complaint alleges materially false and misleading statements about revenue recognition, purchased transportation costs, internal controls and growth drivers. The action followed Hub Group's February 5, 2026 announcement that its 2025 quarterly financial statements should not be relied upon and would be restated, after which the company's stock fell 18%. The filing was announced by Bleichmar Fonti & Auld LLP.
Brand decisions
2022
Acquire TAGG LogisticsM&ABackground
Hub Group was expanding into fulfillment and supply-chain services connected to e-commerce and multiple retail channels.
Action taken
Hub Group acquired TAGG Logistics, an e-commerce and omnichannel fulfillment provider.
Aftermath
The acquisition broadened the company’s fulfillment footprint and complemented its transportation, warehousing, and delivery offerings.
2018
Combine the Mode divestiture with the CaseStack acquisitionM&ABackground
Hub Group adjusted its portfolio while seeking stronger capabilities in consolidation, warehousing, retail, and consumer packaged-goods logistics.
Action taken
The company sold Mode Transportation and acquired CaseStack Logistics.
Aftermath
CaseStack’s activities were subsequently presented within Hub Group as CaseStack Retail Supplier Solutions.
2017
Acquire Estenson LogisticsM&ABackground
Hub Group sought to broaden its transportation portfolio beyond intermodal services and expand its dedicated-trucking presence.
Action taken
Hub Group acquired Estenson Logistics, a national dedicated-trucking provider, and subsequently operated the business under the Hub Group brand.
Aftermath
The transaction increased Hub Group’s dedicated-trucking capabilities and removed the separate Estenson brand from customer-facing operations.
2004
Centralize the regional operating structureStrategyBackground
Hub Group had grown through multiple geography-based offices, each operating with its own profit-and-loss center. The decentralized model created a need for greater network-wide coordination.
Action taken
The company reorganized around a centralized operation and a single profit-and-loss center headquartered in Lombard, Illinois.
Aftermath
The reorganization was intended to help Hub Group compete as one integrated transportation network rather than as a collection of regional offices.
Recent events
Reported
Hub Group sued in securities fraud class action over financial restatements[3]
Bleichmar Fonti & Auld LLP announced that a securities fraud class action was filed against Hub Group Inc. and certain senior executives in the U.S. District Court for the Northern District of Illinois, alleging materially false and misleading statements about revenue recognition, purchased transportation costs, internal controls and growth drivers, after Hub Group's stock fell 18% following its February 5, 2026 announcement that its 2025 quarterly financial statements should not be relied upon and would be restated.
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