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Hub Group ($HUBG)

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HUBG Overview

Hub Group, an asset-light freight transportation management company, provides intermodal, trucking, truck brokerage, and other logistics services in North America.Its intermodal services include arranging for the movement of its customers' freight in containers and trailers over long distances. The company contracts with railroads to provide transportation for the long-haul portion of the shipment between origin or destination and rail terminals for pickup and delivery; and negotiates drayage rates for the transportation between origin and destination points.It also offers truck brokerage services; and warehouse and transportation logistics services, including retailer-driven collaborative consolidation programs, as well as a range of transportation management services and technology solutions, such as shipment optimization, load consolidation, mode selection, carrier management, load planning and execution, and Web-based shipment visibility under the Unyson Logistics and CaseStack names.In addition, the company provides multi-modal transportation services, such as small parcel, heavyweight, expedited, less-than-truckload, truckload, intermodal, railcar, and international shipping.As of December 31, 2019, it owned approximately 38,000 53-foot containers for use on the Union Pacific and the Norfolk Southern railroads. Hub Group, Inc. was founded in 1971 and is headquartered in Oak Brook, Illinois. (From: StockAnalysis.com)

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