Hub Group

Truck hauling Hub Group container

Hub Group is No. 22 on the JOC’s list of Top 40 Global 3PLs, compiled by SJ Consulting, with $3.4 billion in revenue in 2013 earned through its drayage, highway, and intermodal transport solutions. Hub Group’s 2013 revenues were up 8 percent from the previous year’s $3.1 billion.

Intermodal shipping was the largest source of Hub Group’s revenue. The Oak Brook, Illinois-based company  employs 1,982 people and operates 35 offices in North America. Hub Group’s operations are limited primarily to the North American markets of Canada, Mexico, and the United States.

The company operates using an asset-light strategy and also offers logistics solutions through its subsidiary, Unyson Logistics. Hub also owns and operates the subsidiary Hub Group Trucking Inc., formerly Comtrak, which handles approximately 70 percent of Hub’s drayage needs. The company’s 2014 plans include adding approximately 2,000 containers, bringing its total fleet to 28,000, and adding 400 drivers to its drayage fleet.

Key coverage

Hub Group’s 4Q Profit Slumped

Hub Group Cuts Guidance for Third Quarter

Hub Group Profit Jumps 10 Percent

Hub Group Reports Record First Quarter Income

Hub Group’s Income Rose 17 Percent in 2012

11 Sep 2014
Hub Group said it expects its costs to rise at least temporarily with the company’s conversion of its 350 California drayage drivers to company employees in order to settle litigation alleging they were misclassified as independent contractors.
18 Jul 2014
After seeing “substandard” intermodal rail service cut its container utilization in the second quarter, the Hub Group expects gradual service improvement from its main partners...
Hub Group containers
12 Jun 2014
Hub Group is adding equipment, technology and drayage drivers in an effort to improve intermodal fluidity.
24 Apr 2014
U.S. intermodal should see another year of robust demand, provided that rail service recovers following service disruptions in the first quarter, according to an executive from Hub Group.
Norbert Dentressangle rose to 24th from 29th after acquiring Fiege’s logistics operations in Italy, Spain and Portugal.
21 Apr 2014
The world’s largest third-party logistics providers showed minuscule growth in 2013 for the second consecutive year, as sluggish trade growth affected forwarding volume and other 3PL segments saw only modest increases.
26 Mar 2014
Heavy snow and frigid temperatures in the Midwest will keep Universal Truckload Services' earnings from rising to their projected levels in the first quarter, the trucking firm warned. It's not alone.
29 Jan 2014
Hub Group reported net income in the fourth quarter of 2013 was $16.5 million, down 12 percent from $18.8 million in the same period in 2012, ending the year in a slump after three quarters of growth.
21 Oct 2013
Hub Group reported profit in the third quarter of 2013 totaling $18.6 million, inching up year-over-year from $18.5 million.