Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.
November 6, 2018BusinessTechnology
Hub Group Reports Strong Third-Quarter Earnings
On the strength of a strong economy and the sale of one its divisions, Oak Brook, Ill.-based transportation management company Hub Group reported record third-quarter results Oct. 25.
October 26, 2018BusinessLogistics
C.H. Robinson, Hub Group Revenues Rise, Profits Fall
Rising contract prices for trucks impacted third-quarter results for logistics firms C.H. Robinson and Hub Group that saw weaker profits despite greater revenues.
October 31, 2017BusinessLogistics
Hub Group Beats Estimates, Generates $1 Billion in Quarterly Revenue
Hub Group turned in better-than-expected results in the third quarter, with revenue topping $1 billion for the first time and beating analysts’ profit projections, although net income was down compared with the same period a year ago.
October 26, 2017BusinessLogisticsTop 50
Logistics Revenues Due to Go Up in Quarterly Reports, but Margins Still Drag Down Profits
Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.
October 11, 2017BusinessTechnology
Hub Group Offers New Tablet, Smartphone Platform to Track Containers
Hub Group has launched a tablet and smartphone platform to allows customers to track and trace containers.
August 11, 2017