Hub Group

Commentary

TD Cowen: Still Searching for Positives in Near-Term

At TD Cowen, we are lowering our rail estimates ahead of third-quarter earnings reports to reflect a very challenged environment. Leaders in the rail and logistics market who attended our latest Railroad Happy Hour” called the current outlook “bleak,” with growing uncertainty in 2025.

“We are extremely excited about the growth opportunity we have unlocked with our partner, Union Pacific, in the north-south corridor between Mexico, the U.S. and Canada, utilizing the Falcon Premium service product,” said Phillip Yeager, Hub Group’s President and CEO, on July 27. “Hub Group continues to expand our capabilities and deliver service, integrity and innovation to our customers’ supply chains.” (Hub Group Photograph)

Class I Briefs: UP, NS, CSX

Union Pacific (UP) reports on LinkedIn and Twitter that partner Hub Group “will leverage their growing fleet with our improved premium service product to now serve all of North America’s automotive production facilities.” Also, Norfolk Southern (NS) surprises Atlanta (Ga.) Public Schools with two $50,000 donations; and CSX celebrates its “heritage of passion and dedication” with a railroader family that reaches back four generations.

GRS has announced the sale of YSD, its boxcar door subsidiary, to Jaxon (Jackson International, Inc.), effective Oct. 20.
  • News

Supply Side: GRS; Hub Group

Greenbrier Rail Services (GRS) is selling its Youngstown Steel Doors (YSD) subsidiary, and Hub Group has acquired Choptank Transport, a cold-chain focused third-party logistics company.

Cranes and cargo at the Port of Los Angeles.

Does ‘Chaos’ Rule the Global Supply Chain?

Shipping container shortages in Asia, traffic jams at ports, limited availability of dockworkers and truck drivers from Southern California to Singapore, higher shipping prices—all are part of a now-stretched supply chain due to the pandemic, according to a recent New York Times report. What is the impact on rail?

Hub Group offers rail and truck tracking tool

Transportation management provider Hub Group has launched Hub Group Connect, a multimodal tracking tool designed to provide customers with shipment visibility and online tracking from any device, including desktop, laptop, tablet or mobile phone.