Hub Group beats EPS estimate, misses on revenue
Hub Group had year-over-year revenue declines in its intermodal and logistics segments during the first quarter.
Hub Group had year-over-year revenue declines in its intermodal and logistics segments during the first quarter.
Hub Group had higher revenue in its logistics, truck brokerage and intermodal segments during the fourth quarter.
Como parte del acuerdo, el gigante intermodal no volverá a contratar a contratistas independientes.
California’s ABC test was a key reason why a decade-long misclassification case against Hub Group settled.
Hub Group, a full-service transportation and logistics provider, detailed leadership changes on Thursday.
Hub Group reported year-over-year increases in its intermodal, logistics and truck brokerage segments during the third quarter.
Oak Brook, Illinois-based Hub Group announced that it has acquired Tagg Logistics for $103 million in cash.
Even though macroeconomic uncertainties lie ahead, Hub Group expects to find support in the medium term through improving rail service, market conditions that encourage more conversions to rail and the diversification of its business, executives said on Wednesday’s earnings call.
Customers are keen to lock in capacity for the year and mitigate risk, executives said during Hub Group’s first-quarter 2022 earnings call.
An internal process audit can be easier than you think, ships waiting for berths in San Pedro Bay have finally decreased, and Canada can’t quit with border issues.
Record earnings per share of $2.48 beat analysts’ estimates.
From capital investments to competitive access, issues that CSX has brought before the Surface Transportation Board reflect concerns facing the freight rail industry as a whole.
The importance of developing metrics that matter; Daimler Trucks cancels production of Western Star 5700 XE; UPS takes yet another increase; and a recap of earnings season.
Inventory restocking and demand for domestic intermodal service will support Hub Group into next year, executives said.
Hub Group forecasts mid-teens revenue growth between the Choptank business and cross-selling.
Transaction adds trucking to Hub’s refrigerated transport portfolio.
The trucking industry’s issues with driver availability along with customers’ commitment to sustainability are factors that could support growth for intermodal beyond 2021 and 2022, executives said during Hub Group’s earnings call on Thursday.
Vince Paperiello has been named to run the multibillion-dollar unit. The business had been run as a group effort for two years, a source says.
Anticipated growth for intermodal will help to support Hub Group’s investments for that sector in 2021.
The Office of Management and Budget is considering whether to greenlight a trucking automated driving systems project.