Hub Group’s net income rises, revenues fall

The transportation management company posted a net income of $20.7 million on revenues of $856 million for the second quarter of 2016.    Hub Group, Inc.’s net income rose 11.9 percent year-over-year to $20.7 million in the second quarter of 2016, according to the company’s most recent financial statements.
   The transportation management company’s earnings per share (EPS) for the quarter totaled $0.61 per share, compared to $0.51 per share for the second quarter of 2015.
   Meanwhile, revenues fell 4.9 percent year-over-year to $856 million, primarily due to lower fuel revenues.
   Based out of Oak Brook, Ill., Hub Group provides multi-modal solutions throughout North America, including intermodal, truck brokerage and logistics services.