Hub Group and EASO to form a joint venture.

Hub Group, a transportation and logistics management company, and EASO, a family-led, premier intermodal and trucking logistics provider in Mexico, agreed to form a joint venture. Financial terms were not disclosed. EASO is the largest intermodal carrier in Mexico and will add significant scale to Hub Group's intermodal and transportation solutions business. EASO serves a diverse base of blue-chip customers across a variety of modes. With a substantial increase in cross-border trade activity from nearshoring, this partnership maximizes Hub Group’s cross-border service offering and provides increased intermodal conversion opportunities. The family will continue leading and managing the joint venture, with support from their existing management team and Hub Group.