Tight truckload market capacity is a major tailwind for Hub's logistics businesses in 2018.
In the second quarter, narrow-moat logistics specialist Hub Group's organic gross revenue increased an impressive 19.5% year over year on accelerating intermodal pricing conditions and strengthening sell rates (to shippers) in the highway brokerage unit. Both segments are benefiting nicely from unusually tight truckload-industry capacity, which is driving better truck-to-rail conversion activity for intermodal and creating a favorable pricing backdrop for both intermodal and brokerage. Previous ...Hub Group is a supply chain management company that provides transportation and logistics solutions. Through its network, the company arranges for the movement of freight in and out of every main city in the U.S., Canada and Mexico. The company's lines of business include: intermodal, which arranges for the movement of its customers' freight in containers and trailers; dedicated trucking, which provides a dedicated fleet of equipment and drivers to each customer; trust brokerage, which operates truck brokerage operations in the U.S.; and logistics, which provides a range of transportation management services and technology solutions, and delivers supply chain services to consumer-packaged goods clients.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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