Skip to content
Home » Blog » Hub Group Reports Record 1Q Profit

Hub Group Reports Record 1Q Profit


4/19/2012 4:30:00 PM
Write a Letter to the Editor



Print This
 

Hub Group said its first-quarter income jumped 30% on higher intermodal and logistics revenue.

Net income rose to $13.7 million, or 37 cents per share, from $10.5 million, or 28 cents a share, a year ago, the company said late Thursday.

Revenue climbed to $739.9 million, from $485.4 million.

Intermodal revenue increased 20% to $404 million, led by a 15% volume increase. Truck brokerage revenue declined 6% to $80 million, while its Unyson Logistics unit’s revenue climbed 23% to $79 million. The company’s Mode Transportation segment generated $187 million in revenue for the quarter.

Hub Group is ranked No. 40 on the Transport Topics Logistics 50 list U.S. and Canadian logistics companies.

Follow Transport Topics on RSS Twitter Facebook


 Print This
 


© 2012, Transport Topics Publishing Group. All rights reserved.

 

 

RELATED ARTICLES

Forward Air’s 1Q Income Rises (4/19/2012 4:15:00 PM)
Werner’s First-Quarter Profit Rises 30% (4/18/2012 5:00:00 PM)
Marten’s 1Q Profit Jumps 33% (4/18/2012 11:00:00 AM)
iTECH: Advanced RFID Tracks More Than Location (4/16/2012 8:10:00 AM)
Load-Board Scammer Gets 10-Year Sentence and Must Repay $443,000 to Fleets, Brokers (4/16/2012 4:30:00 AM)
Quiet Logistics Hired by Vida Shoes (4/12/2012 8:00:00 AM)