Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/20/2012 8:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Hub Group Reports Record 1Q Profit

Hub Group said its first-quarter income jumped 30% on higher intermodal and logistics revenue.

Net income rose to $13.7 million, or 37 cents per share, from $10.5 million, or 28 cents a share, a year ago, the company said late Thursday.

Revenue climbed to $739.9 million, from $485.4 million.

Intermodal revenue increased 20% to $404 million, led by a 15% volume increase. Truck brokerage revenue declined 6% to $80 million, while its Unyson Logistics unit’s revenue climbed 23% to $79 million. The company’s Mode Transportation segment generated $187 million in revenue for the quarter.

Hub Group is ranked No. 40 on the Transport Topics Logistics 50 list U.S. and Canadian logistics companies.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement