Hub Group’s Third-Quarter Income Rises

October 26, 2011 8:30 AM, EDT

[Stay on top of transportation news: .]

Logistics firm Hub Group’s third-quarter income improved on higher intermodal activity.

Net income rose to $16.3 million, or 44 cents per share, from $12.6 million, or 34 cents a share, a year ago.

Revenue rose to $760 million, from $478 million.

!--script type="text/javascript"> googletag.cmd.push(function () { googletag.defineSlot('/21737348341/ttnewscom/rectangle4', [[300, 250]], 'div-gpt-ad-22764643208').setTargeting('test', 'lazyload').setTargeting(REFRESH_KEY, REFRESH_VALUE).addService(googletag.pubads()); googletag.display('div-gpt-ad-22764643208'); });

Intermodal revenue increased 19% to $402 million, led by a 10% volume increase and a 9% increase for fuel, price and mix.

Truck brokerage revenue decreased 3% to $83 million, while Unyson Logistics revenue increased 39% to $76 million.

Hub Group is ranked No. 42 on the Transport Topics Logistics 50 list U.S. and Canadian logistics companies.

��

91��Ƶ