Company Reports

Hub Group is the second-largest intermodal marketing company, trailing only J.B. Hunt and ahead of the intermodal divisions of STG Logistics, Schneider National, and Knight-Swift. Hub also ranks among the 25 largest asset-light truck brokers by 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 domestic container fleet in the industry, with access to more than 50,000 containers. By gross revenue, J.B. Hunt is the largest intermodal marketing company, followed by Hub and the intermodal divisions of STG Logistics, Schneider National, and Knight-Swift.

Hub Group is the second-largest intermodal marketing company and is also among the 25 largest asset-light truck brokers by 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 domestic container fleet in the industry, with access to more than 50,000 containers. By gross revenue, J.B. Hunt is the largest intermodal marketing company, followed by Hub and the intermodal divisions of STG Logistics, Schneider National, and Knight-Swift.

Similar to the past few quarters, Hub Group only provided very brief comments on first-half 2026 results due to errors (partly related to understating purchased transportation costs) in its 2023 through 2025 financial statements that it is still working to restate.

Similar to last quarter, Hub Group only provided brief comments on first-quarter results due to errors (partly related to understating purchased transportation costs) in its 2023 through 2025 financial statements that it's working to restate.

Hub Group is the second-largest intermodal marketing company and is also 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 domestic container fleet in the industry, with access to more than 50,000 containers. By gross revenue, J.B. Hunt is the largest intermodal marketing company, followed by Hub and the intermodal divisions of STG Logistics, Schneider National, and Knight-Swift.

Hub Group provided only partial fourth-quarter results due to an error in its financial statements. Revenue fell 3% year over year on lower intermodal, dedicated trucking, and truck brokerage activity. Intermodal tailwinds have dissipated, and the trucking operations are navigating subdued demand.

Hub Group is the second-largest intermodal marketing company and is also 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 domestic container fleet in the industry, with access to more than 50,000 containers. By gross revenue, J.B. Hunt is the largest intermodal marketing company, followed by Hub and the intermodal divisions of STG Logistics, Schneider National, and Knight-Swift.

Hub Group's third-quarter revenue fell 5% year over year on lower intermodal, dedicated trucking, and truck brokerage revenue. Intermodal tailwinds dissipated and Hub's trucking operations are still navigating subdued demand. Adjusted margin improved on continued intermodal network efficiency gains.

Hub Group is the second-largest intermodal marketing company and is also 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 domestic container fleet in the industry, with access to more than 50,000 containers. By gross revenue, J.B. Hunt is the largest intermodal marketing company, followed by Hub and the intermodal divisions of STG Logistics, Schneider National, and Knight-Swift.

Hub Group's second-quarter top line fell 8% year over year on lower intermodal, dedicated trucking, and highway brokerage revenue, partly offset by slightly higher (albeit moderating) intermodal load volumes. Profitability improved slightly thanks to intermodal network efficiency gains.

Hub Group is the second-largest intermodal marketing company and is also 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 domestic container fleet in the industry, with access to more than 50,000 containers. By gross revenue, J.B. Hunt is the largest intermodal marketing company, followed by Hub and the intermodal divisions of STG Logistics, Schneider National, and Knight-Swift.

Hub Group's first-quarter top line fell 6% year over year on persistently sluggish core pricing for the intermodal and truck brokerage divisions. That said, intermodal volumes posted another healthy increase as shippers pulled forward imports ahead of tariffs, and overall profitability improved.

US President Donald Trump announced sweeping tariffs on all US imports. For the North American Class-I railroads, the key threat is tariffs' impact on macroeconomic growth in terms of US real goods spending (for intermodal volumes) and industrial production (for carload volumes).

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 domestic container fleet in the industry, with access to more around 50,000 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.

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 domestic container fleet in the industry, with access to more around 50,000 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.

Hub Group's fourth-quarter top line fell 1% year over year on continued soft core-pricing for the truck brokerage and intermodal divisions, lower dedicated truckload revenue, and easing fuel surcharges. That said, consolidated profitability improved nicely relative to the same period last year.

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 domestic container 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.

Hub Group’s third-quarter top line fell 4% year over year and missed our expected run rate due to greater-than-expected yield (revenue per load) declines in the flagship intermodal division. Excluding costs from a recently implemented integration initiative in the final-mile division, Hub's total operating margin was mostly in line, as intermodal segment underperformance was offset by a better-than-expected logistics margin.

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 domestic container 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.

Hub Group’s consolidated top line fell 5% year over year (excluding fuel) and once again missed our expected run rate, as did 2024 revenue guidance. Domestic intermodal load volume and pricing came in weaker than we expected on persistent competition from depressed truckload sector rates (including abundant market capacity). This overshadowed a slight uptick in retailer inventory restocking and solid West Coast import gains. In short, truckload industry pricing has remained depressed for longer than we originally thought.