Hub Group's Intermodal Revenue Is Still Falling, but Inflection Is Likely in 2024

Hub Group is the second-largest intermodal marketing company, or IMC, and also ranks among the 25 largest asset-light truck brokers in terms of gross revenue. In its flagship intermodal division, Hub contracts with the Class I railroads for the line-haul movement of its owned containers. It operates the second-largest fleet in the industry, with access to more than 40,000 containers. By gross revenue, J.B. Hunt is the largest IMC, followed by Hub and the intermodal divisions of STG Logistics, Schneider National and Knight Swift.