hub group

Business, Logistics, Top 50

Hub Group Finds Buyer for Mode Transportation

Mode Transportation Russ MacNeil

Less than a month after saying it would explore strategic alternatives for Mode Transportation, Hub Group found a buyer to pay more than $200 million for its agent-based multimodal freight brokerage business.

Daniel P. Bearth | Staff Writer
September 6, 2018

Hub Group Explores 'Strategic Alternatives' for Freight Brokerage Unit

Hub Group Hub Group

Hub Group is exploring a possible sale of Mode Transportation, an operating unit that provides truck and rail freight brokerage and logistics services.

Daniel P. Bearth | Staff Writer
August 2, 2018
Business, Top 100, Top 50

Hub Group Reports Higher Revenue, Profits in 1Q

Hub Group Hub Group

Hub Group reported higher revenue and profits in the first quarter of 2018 with growth coming from intermodal, logistics and dedicated contract carriage operations.

Daniel P. Bearth | Staff Writer
April 26, 2018

Hub Group Posts Record Revenue, Higher Profits in 4Q, Full Year

Hub Group Hub Group

Hub Group reported record revenue and higher profits in the fourth quarter and full year in 2017 as the nation’s largest intermodal marketing company continues to grow its logistics and trucking operations.

February 9, 2018

Hub Group Net Income Falls More Than 50% Even as Revenue Rises

Hub Group logo on truck Hub Group

Intermodal, trucking and logistics provider Hub Group had to wrestle with margin compression and acquisition-related expenses that caused second-quarter net income to plummet 53.8% even as revenue expanded by 8.1%.

Jonathan S. Reiskin | Associate News Editor
July 26, 2017
Business, Equipment, Logistics

Intermodal Operators Expand in E-Commerce as Online Retailers Seek to Control Costs

Train Jerry Huddleston/Flickr

Intermodal rail and trucking companies are competing to meet the transportation needs of e-commerce businesses while adapting to how these new supply chains differ from those of traditional brick-and-mortar retailers.

Ari Ashe | Staff Reporter
July 13, 2017
Business, Logistics

Soft Pricing, Rigid Costs Diminish 1Q Profits for Hub Group

Hub Group

Sandwiched between “soft pricing” and unyielding costs, intermodal, trucking and brokerage company Hub Group reported a significant decline in first-quarter net income even as revenue increased.

Jonathan S. Reiskin | Associate News Editor
April 26, 2017
Business, Logistics

Donald Maltby Named Hub Group President

Maltby via Hub Group

Hub Group named Donald Maltby as president and chief operating officer, replacing Mark Yeager, who resigned on Aug. 8.

September 16, 2015
Business, Logistics

Hub Group's Mark Yeager Steps Down as President, COO

Mark, David Yeager by Hub Group

Mark Yeager has resigned as president and chief operating officer of Hub Group and will be replaced on an interim basis by his brother, David Yeager. 

August 11, 2015
Business, Logistics

Hub Group’s 3Q Income Declines on Charges

Hub Group

Hub Group Inc. said its third-quarter income declined due to driver-settlement and software-development charges.

Michael G. Malloy | Web Editor
October 24, 2014