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Soft freight market conditions continue to create market headwinds as Hub Group’s first-quarter revenue declines 13% year over year. The post Hub Group sees Q1 revenue fall 13% year over year to $999M appeared first on FreightWaves. ....
Weak freight market conditions continue placing financial strains on transportation providers, said Phil Yeager, president and CEO of Hub Group Inc (NASDAQ: HUBG). "Market conditions have remained soft … largely due to excess truckload capacity that is yet to exit the industry" ....
Hub Group reported year-over-year decreases in its intermodal, logistics and truck brokerage segments during the fourth quarter. The post Hub Group sees Q4 revenue fall 23% year-over-year to $985M appeared first on FreightWaves. ....
Hub Group reported $1 billion in revenue and earnings per share of 97 cents during the third quarter. The post Hub Group’s Q3 revenue declines in ‘very soft freight environment’ appeared first on FreightWaves. ....
Hub Group reported $1 billion in revenue and earnings per share $1.44 during the second quarter. The post Hub Group’s Q2 earnings tumble in ‘challenging’ freight economy appeared first on FreightWaves. ....