Report
Matthew Young, CFA
EUR 101.80 For Business Accounts Only

Intermodal and Truck Brokerage Operating Conditions Turn Favorable in Hub's 4Q

Narrow-moat Hub Group’s fourth-quarter organic gross revenue increased 13% year over year on accelerating volume and pricing trends in the intermodal operations, along with strengthening sell rates (to shippers) in highway brokerage, which is benefiting from tight truckload capacity. Previous new business wins at Unyson Logistics also played a role. Overall, the firm’s top line didn’t deviate materially from our forecast, which already assumed improvement in intermodal and brokerage operating co...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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.

We have operations in 27 countries.

Analysts
Matthew Young, CFA

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