Hub reports ‘solid year’

   Hub Group said it had a profit of $69.1 million in 2013, compared to $68 million in 2012. Revenue was $3.4 billion in 2013, compared to $3.1 billion in 2012.
   In the fourth quarter of 2013, profit was $16.5 million, compared to $18.8 million in the fourth quarter of 2012. Revenue for the quarter was $885 million, compared to $801 million in the fourth quarter of 2012.
   Hub Group’s pre-tax income in the fourth quarter of 2012 included a non-cash impairment charge of $2.9 million related to changing the trade name of its drayage unit, Comtrak Logistics, to Hub Group Trucking.
   “We had a solid year and are focused on our strategic initiatives to deliver strong results in 2014,” said David P. Yeager, chairman and chief executive officer of Hub Group.