Revenue increased but profit fell at Hub Group in the fourth quarter as it took charges to increase insurance claim reserves and to close an office.

Hub Group reported lower third-quarter earnings as pricing issues hurt its profit margin.

Hub Group reported double-digit declines in profits and revenue during the first quarter as it saw a drop in intermodal revenue and a decrease in its truck brokerage business.

Hub Group reported a fourth quarter close to expectations that paled in comparison with the record-breaking results in 2018.

Hub Group announced net income of $29.2 million, or earnings per share of 87 cents, for the second quarter ended June 30, according to an earnings release.

Intermodal and logistics service provider Hub Group reported revenue topping $1 billion and higher profits in the fourth quarter of 2018.

Hub Group has agreed to acquire CaseStack Inc. for $255 million as part of a strategy to expand and diversify its transportation service offerings.

On the strength of a strong economy and the sale of one its divisions, Oak Brook, Ill.-based transportation management company Hub Group reported record third-quarter results Oct. 25.

Rising contract prices for trucks impacted third-quarter results for logistics firms C.H. Robinson and Hub Group that saw weaker profits despite greater revenues.

Hub Group turned in better-than-expected results in the third quarter, with revenue topping $1 billion for the first time and beating analysts’ profit projections, although net income was down compared with the same period a year ago.