Third-party logistics company Hub Group sees market conditions supporting inventory imbalances to persist through much of 2022, executives said during Hub Group’s third-quarter 2021 earnings call late Thursday.
“Strong demand continues as inventory-to-sales ratios are at near all-time lows while intense restocking of the shelves persist,” Hub Group (NASDAQ: HUBG) CEO Dave Yeager told investors. “On the second-quarter call [in July], we related that we believe that this strong demand and tight...
https://www.freightwaves.com/news/hub-group-ceo-no-end-in-sight-for-strong-demand-tight-capacity