Hub Group's Fourth-Quarter Earnings Grow



Click Here!


 Updated:
1/28/2011 11:00:00 AM

Logistics and intermodal firm Hub Group’s fourth-quarter profit jumped 25.7% to $12.5 million, or 34 cents a share, from $10 million, or 26 cents, a year earlier.

Revenue rose 17.7% to $479.9 million, company said late Thursday.

Intermodal revenue rose 19% to $340 million, brokerage revenue increased was unchanged from the previous year at $79 million and Unyson Logistics revenue gained 39% to $61 million.

For the full 2010 year, profit jumped 26.8% to $43.5 million, or $1.16 per share, from $34.3 million, or 91 cents, in 2009.

Yearly revenue was $1.83 billion, compared with $1.5 billion the prior year.

Hub Group is ranked No. 42 on the Transport Topics Logistics 50 list of the largest logistics companies in the United States and Canada.

Click Here!




© 2010, Transport Topics Publishing Group. All rights reserved.

RELATED ARTICLES

FedEx Freight to Use Rail Intermodal for First Time, Shifting From Trucks (1/31/2011 2:00:00 AM)
Hub Group’s Fourth-Quarter Earnings Grow (1/28/2011 11:00:00 AM)
Intermodal Freight Volumes Remain Strong, Contributing to Strong 3Q Railroad Profits (10/25/2010 2:00:00 AM)
Hub Group’s Third-Quarter Earnings Grow (10/20/2010 9:15:00 AM)
Hub Group’s Second-Quarter Earnings Increase (7/21/2010 4:10:00 PM)
Hub Group’s 1Q Earnings Increase (4/21/2010 4:15:00 PM)
 
OTHER NEWS BRIEFS

Click Here!

JOIN OUR NEWSLETTER
We'll deliver tax strategies to your inbox from our CPA firm.
We hate spam. Your email address will not be sold or shared with anyone else.