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Hub Group (FRA:HBG) Payments to Suppliers for Goods and Services


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What is Hub Group Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


Hub Group (FRA:HBG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hub Group Inc (FRA:HBG) » Definitions » Payments to Suppliers for Goods and Services
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Address
2001 Hub Group Way, Oak Brook, IL, USA, 60523
Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Asset light truckload and LTL brokerage makes up around 20%. The remaining 20% reflects Hub's logistics division, which provides outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, logistics, and dedicated truckload offerings.