Intermodal Group Earnings Up 8.6%

Hub Group's fourth quarter income topped $13 million, a 54% increase over the same period in 2005. Its operating margin for the quarter increased to 5.2% due in part to "yield enhancement efforts," improved operational efficiencies and growth in drayage and truck brokerage.
Intermodal revenue for the fourth quarter was up 1.5% to $307.1 million, including full-quarter results from Comtrak.
For the full year, Hub Group said costs and expenses had continued to rise, up 11.3% in 2006. This, it said, was due in part to the Comtrak acquisition.

TAGS: Archive
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.