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Hub Group Closes on the Acquisition of Marten Transport Intermodal

1. Hub Group acquires Marten Intermodal assets, adding 1,200 refrigerated containers. 2. The acquisition enhances Hub's intermodal solutions in the food and beverage sector. 3. Hub's acquisition of West-Coast provider SITH, LLC supports Final Mile expansion. 4. Both acquisitions align with Hub Group's strategic growth and profitability goals. 5. Hub Group is now the second largest in temperature-controlled intermodal solutions.

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$34.4409/30 10:25 PM EDTLatest Updated
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FAQ

Why Bullish?

The strategic acquisitions position HUBG favorably for increased market share and revenue growth, historically leading to positive stock responses in similar acquisitions.

How important is it?

The acquisitions directly affect HUBG’s growth trajectory and market positioning, signifying a robust strategy for future earnings.

Why Long Term?

These acquisitions will enhance HUBG's capacities and profitability over time, requiring investment timeframes to yield full effects, akin to past integration successes in the logistics sector.

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MRTNSITH
Hub Group is now the second largest provider of temperature-controlled intermodal solutions in North America. Final Mile expansion continues with acquisition of West Coast final mile provider. September 30, 2025 17:30 ET  | Source: Hub Group, Inc. OAK BROOK, Ill., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Effective September 30, 2025, Hub Group, Inc. (NASDAQ: HUBG) closed on the previously announced acquisition of certain assets of Marten Transport, Ltd. Intermodal (“Marten Intermodal”), a division of Marten Transport, Ltd. (NASDAQ: MRTN). The acquisition adds approximately 1,200 refrigerated containers and intermodal commercial relationships with a diversified group of shippers within the food and beverage industry. This continues Hub’s strategic investment of capital within the core business to support growing volumes and improved network fluidity. Additional information related to this transaction can be found on Hub Group’s Investor page, accessible here: https://investors.hubgroup.com/ Effective September 8, 2025, Hub Group also closed on the acquisition of certain of the assets of West-Coast final mile provider SITH, LLC. The acquisition is consistent with Hub Group’s strategic plan to grow Final Mile, expand network capacity and improve profitability. Terms were not disclosed. About Hub Group: Hub Group offers comprehensive transportation and logistics management solutions. Keeping our customers’ needs in focus, Hub Group designs, continually optimizes, and applies industry-leading technology to our customers’ supply chains for better service, greater efficiency, and total visibility. As an award-winning, publicly traded company (Nasdaq: HUBG) with approximately $4 billion in revenue, our nearly 6,000 employees and drivers across the globe are always in pursuit of “The Way Ahead” – a commitment to service, integrity and innovation. For more information, visit hubgroup.com. SOURCE: Hub Group, Inc.                 CONTACT: Garrett Holland, Investor Relations, gholland@hubgroup.com

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