Hub Group Inc (OQ:HUBG)
Business Focus: Ground Freight & Logistics
| Sector: Industrials | Industry: Ground Freight & Logistics |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2001 Hub Group Way OAK BROOK IL 60523 |
| Tel: | N/A |
| Website: | https://www.hubgroup.com |
| IR: | See website |
| Key People | ||
| David P. Yeager Executive Chairman of the Board | Phillip D. Yeager President, Chief Executive Officer, Director | Kevin W. Beth Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Treasurer |
| Brian D. Alexander Chief Operating Officer, Executive Vice President | Michele L. Mcdermott Chief Human Resource Officer, Executive Vice President | Dhruv Bansal Executive Vice President, Chief Information Officer | Thomas P. Lafrance Executive Vice President, General Counsel, Company Secretary |
| Business Overview |
| Hub Group, Inc. is a supply chain solutions provider, which offers comprehensive transportation and logistics management services. The Company operates through two segments: Intermodal and Transportation Solutions (ITS), and Logistics. Its ITS segment includes its intermodal and dedicated trucking. Its Logistics segment includes full outsource logistics solutions, transportation management services, freight consolidation, warehousing and fulfillment, and final mile delivery services. Logistics also includes its brokerage business which provides third-party truckload, less-than-truckload (LTL), flatbed and temperature-controlled needs. The Company's service offerings include a full range of freight transportation and logistics services, some of which are provided by assets the Company owns and operates, and some of which are provided by third parties with whom it contracts. The Company serves range of industries, including retail, consumer products, automotive and durable goods. |
| Financial Overview |
| For the three months ended 31 March 2024, Hub Group Inc revenues decreased 13% to $999.5M. Net income decreased 56% to $27.1M. Revenues reflect Intermodal Services segment decrease of 22% to $552M. Net income also reflects Intermodal Services segment income decrease of 74% to $13M, Logistics Services segment income decrease of 16% to $24.1M. Dividend per share totaled to $0.13. |
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