Hub Group News

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The U.S. intermodal market remains tough, but two of the industrya s biggest service providers are finding ways to build on their strengths.

Hub Group Inc. filed Quarterly Report for the period ended 2009-09-30. Hub Group Inc.

(AP) a " Logistics company and trucking operator Hub Group Inc. said on Wednesday its profit dropped 41.9 percent as it struggled with the recession, but the results were ahead of analyst expectations. The company said it earned $9.8 million, or 26 cents per share, for the quarter that ended ...

Facing the death of its founder, the bankruptcy of a key client and the recession, HUB Group Inc.

Hub Group, Inc. will hold a conference call at 5:00 p.m. Eastern Time on Wednesday, October 21, 2009 to discuss its third quarter 2009 results.

Unyson Logistics, a Hub Group Company , received the Quest for Quality Award by Logistics Management magazine for being the highest rated provider of third-party logistics services.

Companies are keeping strong focus on making business processes more efficient. Logistics companies spend less on IT than others, and that portion of the budget has been hit harder in this industry than in others.

Hub Group, Inc. announced today it will participate in Morgan Keegan's Industrial/Transportation Conference on Friday, September 18, 2009.

Intermodal firm Hub Group's 45 percent drop in net profit, to $8.3 million, still left it with "respectable returns even in this difficult freight environment" for all its lines of business, said Chairman and CEO David.

Hub Group, Inc. today reported income for the quarter ended June 30, 2009 of $8.3 million.

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BNSF Railway is touting recent gains for its intermodal service expansions in the wake of Hub Group's decision to switch most traffic to rival Union Pacific Railroad, and a spokesman said BNSF doesn't understand why Hub is making the move.

BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for June 3, 2009.

A STRATEGIC SHIFT BY Hub Group -- it will use Union Pacific as primary Western intermodal rail carrier with 90% of its controlled box fleet in the West.

Intermodal shipper Hub Group will start shifting 8,400 domestic containers next week away from BNSF Railway and into the hands of rival Union Pacific Railroad, partly drawn by UP's service of providing dedicated equipment.