Hub Group expands its fulfillment solutions offering through the acquisition of TAGG Logistics
Hub Group, Inc. - Class A (HUBG)
Last hub group, inc. - class a earnings: 4/30 04:02 pm
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US:NASDAQ Investor Relations:
hubgroup.gcs-web.com/investor-relations
Company Research
Source: GlobeNewswire
Transaction Highlights: Expands Hub Group’s consolidation and fulfillment solutions offering, growing footprint to 9 million square feetDrives continued diversification into non-asset based logistics and brokerage, which now represents over 40% of total revenueSignificant cross-selling synergies for both TAGG’s and Hub’s customersTAGG’s experienced management team will remain with the business OAK BROOK, Ill., Aug. 22, 2022 (GLOBE NEWSWIRE) -- Hub Group (Nasdaq: HUBG) announced today that it acquired TAGG Logistics (“TAGG”), an industry-leading provider of e-commerce, B2B and omnichannel fulfillment solutions, including warehousing and transportation services. Since its founding in 2006, TAGG has grown into a nationwide provider with over 4 million square feet of warehousing space throughout the US allowing for best-in-class, responsive e-commerce and B2B fulfillment capabilities. The acquisition bolsters Hub Group’s presence in the consolidation and fulfillment space and a
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HUBG
News
- Hub Group, Inc. (NASDAQ: HUBG) had its price target lowered by analysts at Susquehanna from $49.00 to $46.00. They now have a "neutral" rating on the stock.MarketBeat
- Hub Group (NASDAQ:HUBG) shareholders have earned a 16% CAGR over the last five years [Yahoo! Finance]Yahoo! Finance
- Sheer Logistics' Joe Egertson and Joel Gard Selected as Winners of Supply & Demand Chain Executive 2024 Pros to Know Award [Yahoo! Finance]Yahoo! Finance
- Hub Group, Inc. (NASDAQ: HUBG) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hub Group, Inc. Declares Quarterly DividendGlobeNewswire
HUBG
Earnings
- 2/1/24 - Beat
HUBG
Sec Filings
- 3/1/24 - Form 3
- 2/27/24 - Form 10-K
- 2/23/24 - Form 4
- HUBG's page on the SEC website