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

06 May 2021
The JOC Intermodal Savings Index hit a new record in Q1, but rising spot intermodal rates and surcharges could reduce savings in Q2.
16 Dec 2014
U.S. intermodal trains on average are moving faster, but they still have a ways to go before delivering the level of service shippers had come to expect before last winter.
24 Nov 2014
U.S. shippers dependent on congested ports face a tough year ahead, FTR Associates says. But that doesn't mean 2015 will be easy — or cheap — for anyone shipping freight in the U.S.
24 Oct 2014
Shippers and their logistics and transportation providers must collaborate, and not simply negotiate, if they hope to resolve a host of supply chain problems, starting with equipment, personnel and capacity shortages.
24 Oct 2014
The Hub Group said poor U.S. rail service, chassis shortages and inadequate gate reservations at Union Pacific Railroad terminals cost it intermodal volume in the third quarter and doesn't expect rail service improvement until the spring of 2015.
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.
10 Oct 2013
Hub Group has lowered its expectations for the third quarter of 2013 to a range of 48 to 51 cents diluted earnings per share.
18 Jul 2013
Hub Group reported net income in the second quarter of 2013 totaling $18.6 million, up 10 percent from $17 million in the second quarter of 2012.
31 May 2013
Shippers reluctant to jump into intermodal rail transport have a major incentive to test the waters: relatively low intermodal rates with few signs on the horizon for aggressive hikes.
18 Apr 2013
Hub Group today reported a record income of $15.4 million for the first quarter of 2013, an increase of 12 percent compared with $13.7 million for the first quarter of 2012.
30 Jan 2013
Asset-light freight transportation management company Hub Group reported income in the fourth quarter of 2012 was $18.8 million, rising 11 percent compared with the fourth quarter of 2011.
22 Oct 2012
Hub Group Inc. reported record net income of $18.5 million for the third quarter, ended Sept. 30, 2012.
01 Oct 2012
The western railroads provide the vital intermodal link between the West Coast and the eastern half of the country for containerized imports from Asia, and they appear to be taking in stride the cargo
14 Sep 2012
The timing and health of shipping peak season is as murky on the rails and roads as it is on the water.
19 Jul 2012
A 9 percent jump in intermodal volume lifted Hub Group’s profit in the second quarter by 18 percent year-over-year to $16.9 million.
20 Apr 2012
Hub Group reported a 15 percent increase in intermodal freight volume in the first quarter, boosting its intermodal revenue 20 percent to $404 million.
27 Jan 2012
Hub Group expects a “transformational year” for the intermodal industry as Eastern rail network expansion boosts intermodal volumes, company officials said.
07 Nov 2011
Intermodal provider Hub Group said its Comtrak Logistics unit acquired assets of intermodal drayage trucker Challenge