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Hub Group (FRA:HBG) Other Assets for Banks


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What is Hub Group Other Assets for Banks?

Other Assets (Bank) only applies to banks.


Hub Group (FRA:HBG) Business Description

Traded in Other Exchanges
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.