Hub Group’s Profit Rises on Stronger Logistics, Intermodal Operations

Hub Group Inc. reported higher second-quarter earnings on improved revenue at its intermodal and logistics units.

Net income rose to $18.6 million, or 50 cents per share, from $17 million, or 46 cents, a year ago. Revenue rose 8% to $837 million.

Intermodal revenue rose 4% to $448 million, truck brokerage revenue increased 5% to $84 million and revenue at its Unyson Logistics unit rose 34% to $113 million.

Hub Group is ranked No. 31 on the Transport Topics Logistics Top 50 listing of North American logistics firms.