Lower demand and oversupply of truckload capacity in the market led to revenue declines across Hub Group’s intermodal and logistics segments during the third quarter, company officials said.
Oak Brook, Illinois-based Hub Group (NASDAQ: HUBG), a provider of intermodal transportation and logistics management solutions, reported third-quarter earnings after the market closed Thursday.
“As we discussed in our last call, we felt as though the third quarter would be our most challenging and that did...
https://www.freightwaves.com/news/hub-groups-q3-revenue-declines-in-very-soft-freight-environment