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Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.

Intermodal and logistics company Hub Group announced it acquired Choptank Transport Inc., which was founded in 2000 and is a provider of non-asset refrigerated transportation solutions.

Hub Group posted large first-quarter gains in profits and revenue, reflecting a strong freight market.

Hub Group will operate a Freightliner eCascadia in its electric truck fleet pilot as part of an objective to deploy commercial EVs in real-world applications, the company announced April 23.

Revenue increased but profit fell at Hub Group in the fourth quarter as it took charges to increase insurance claim reserves and to close an office.

Hub Group reported lower third-quarter earnings as pricing issues hurt its profit margin.

Hub Group reported double-digit declines in profits and revenue during the first quarter as it saw a drop in intermodal revenue and a decrease in its truck brokerage business.

Hub Group reported a fourth quarter close to expectations that paled in comparison with the record-breaking results in 2018.

Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.

Intermodal and logistics service provider Hub Group reported revenue topping $1 billion and higher profits in the fourth quarter of 2018.