Hub Group

Hub Group Schedules First Quarter 2024 Earnings Conference Call

Retrieved on: 
Thursday, April 11, 2024
Webcast, Hub Group, Telephone, OAK, PIN

OAK BROOK, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, April 25, 2024, to discuss its first quarter 2024 results.

Key Points: 
  • OAK BROOK, Ill., April 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, April 25, 2024, to discuss its first quarter 2024 results.
  • The results will be announced via press release after the market closes on the day of the call.
  • This call is being webcast and can be accessed through the Investors link on Hub Group’s web site at www.hubgroup.com .
  • To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BIa963a2fc05ca4d6e8871ed6c9e9f700e to receive the dial-in number and unique PIN.

Sheer Logistics' Joe Egertson and Joel Gard Selected as Winners of Supply & Demand Chain Executive 2024 Pros to Know Award

Retrieved on: 
Monday, March 11, 2024
Hub Group, Growth, ACBL, Transport, Gard, Business, Executive, TMS, Marketing, Investment, Cloud-based integration, Demand, Integration platform, Human resources, Food, Management

ST. LOUIS, March 11, 2024 /PRNewswire/ -- Sheer Logistics, a premier provider of Managed Transportation Services, value-based logistics, TMS technology and Integration Platform as a Service (IPaaS) solutions purpose-built for mid-market companies, today announced that both Joe Egertson, founder and Executive Chairman of the Board of Directors of Sheer Logistics, and Joel Gard, CEO and Board member of Sheer Logistics, have been recognized as winners of this year's Pros to Know award, which recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage supply chain for competitive advantage.

Key Points: 
  • Egertson was recognized in the "Lifetime Achievement" category, which honors company leaders who have made outstanding contributions to the supply chain space.
  • "But in this instance, I am more than happy to share accolades with my colleague and successor, Joel Gard.
  • I am pleased to see Sheer Logistics being recognized for its unique contributions to the logistics and supply chain industry."
  • They've spent the last year (and more) creating safer, more efficient supply chains," says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive.

Hub Group, Inc. Declares Quarterly Dividend

Retrieved on: 
Thursday, February 22, 2024
Hub Group, Form 10-K, Form, OAK

OAK BROOK, Ill., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock.

Key Points: 
  • OAK BROOK, Ill., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) today announced its Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A and Class B Common Stock.
  • The dividend is scheduled to be paid on March 27, 2024, to stockholders of record as of March 8, 2024.
  • The initiation of Hub Group’s quarterly cash dividend program, initially set at $0.50 per share per year, is part of Hub Group’s previously announced growth-focused capital allocation plan.
  • Hub Group assumes no obligation to update any such forward-looking statements.

Nikola Rejects Slate of Directors Nominated by Trevor Milton for Election to Nikola Board of Directors

Retrieved on: 
Friday, February 9, 2024
Fraud, GM, Transport, Nikola Corporation, CFO, Morgan Stanley, Hub Group, The Carlyle Group, Security (finance), Fortescue Metals Group, Senior, Judgement, TravelCenters of America, Executive, Knowledge, Management

PHOENIX, Feb. 9, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, said today that its Board of Directors has rejected a slate of five dissident nominees proposed by an entity controlled by former Executive Chairman Trevor Milton for election as directors at Nikola's 2024 Annual Meeting of Stockholders.

Key Points: 
  • The Board of Directors reviewed the director nominees and rejected the slate and does not endorse their nomination.
  • The director nominees have no public company experience, add no skills or experience to the board, and indisputably lack the depth of experience that the current Nikola board members bring to the Company.
  • This judgment remains unpaid, and Nikola is vigorously seeking all legal avenues to recover monies owed to the Company by Mr. Milton.
  • Nikola's board of directors has the expertise and experience necessary for the Company's success, and our team stands firmly behind them.

THOR INDUSTRIES ANNOUNCES APPOINTMENT OF CHIEF HUMAN RESOURCES OFFICER

Retrieved on: 
Tuesday, January 23, 2024
DePaul University, Hub Group, Business administration, Assurance, Business, Thor Industries, Lewis University, Safety, CHRO, National Express, Workforce, THO, Management

ELKHART, Ind., Jan. 23, 2024 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Michele McDermott as Chief Human Resources Officer (CHRO).

Key Points: 
  • ELKHART, Ind., Jan. 23, 2024 /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO) announced today the appointment of Michele McDermott as Chief Human Resources Officer (CHRO).
  • In this role, Ms. McDermott will be responsible for the Company's human resources strategy and operations; talent management; inclusion; safety; and compensation and benefits.
  • She will join the executive leadership team reporting to THOR President and Chief Executive Officer Bob Martin.
  • Ms. McDermott brings more than 25 years of experience in human resources leadership with large-scale, global enterprises and publicly traded companies.

Hub Group, Inc. Schedules Fourth Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, January 11, 2024
Telephone, Hub Group, PIN, OAK, Webcast

OAK BROOK, Ill., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, February 1, 2024, to discuss its fourth quarter 2023 results.

Key Points: 
  • OAK BROOK, Ill., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (Nasdaq: HUBG) will hold a conference call at 5:00 p.m. Eastern Time on Thursday, February 1, 2024, to discuss its fourth quarter 2023 results.
  • The results will be announced via press release after the market closes on the day of the call.
  • This call is being webcast and can be accessed through the Investors link on Hub Group’s web site at www.hubgroup.com .
  • To participate in the conference call by telephone, please pre-register at https://register.vevent.com/register/BIeeaae6d02102421ea6f53479bff39a89 to receive the dial-in number and unique PIN.

Hub Group, Inc. 2-for-1 Stock Split

Retrieved on: 
Thursday, January 4, 2024
Hub Group, Common stock, Form, Form 10-K, OAK

OAK BROOK, Ill., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ: HUBG) today announced a 2-for-1 stock split of its Class A Common Stock in the form of a one-time special stock dividend.

Key Points: 
  • OAK BROOK, Ill., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ: HUBG) today announced a 2-for-1 stock split of its Class A Common Stock in the form of a one-time special stock dividend.
  • Each stockholder of record of Hub Group’s Class A Common Stock and Class B Common Stock at the close of business on Tuesday, January 16, 2024 will receive one share of Class A Common Stock for each share held on the record date, with the distribution to occur on Friday, January 26, 2024 and trading to begin on a split-adjusted basis on Monday, January 29, 2024.
  • This stock split is part of Hub Group’s previously announced growth-focused capital allocation plan and is designed to improve market liquidity.
  • Hub Group assumes no obligation to update any such forward-looking statements.

Hub Group Expands Its Final Mile Service Offering through the Acquisition of Forward Air Final Mile

Retrieved on: 
Wednesday, December 20, 2023
Hub Group, Form 10-K, Hand, Acquisition, Form, Winston & Strawn, OAK, FAFM, Growth, GAAP, EPS, Senior, Airline

OAK BROOK, Ill., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ: HUBG) announced today that it has acquired Forward Air Final Mile (“FAFM”), a subsidiary of Forward Air Corporation (NASDAQ: FWRD).

Key Points: 
  • Acquisition of Forward Air Final Mile (“FAFM”) enhances end-to-end solutions for Hub Group’s customers and adds significant scale and service capability in appliance delivery and installation.
  • FAFM adds significant appliance delivery and installation capability to Hub Group’s Final Mile offering, enabling growth through cross-selling to Hub Group’s customer base.
  • The acquisition—the largest non-asset transaction in Hub Group’s history—also advances Hub Group’s strategy of pursuing acquisitions that expand its comprehensive service offering.
  • In connection with the acquisition, Hub Group granted contingent compensation to the senior management team of FAFM to incentivize their retention and drive continued growth in Hub Group’s Final Mile service offering.

Forward Air Announces Sale of Final Mile Business

Retrieved on: 
Wednesday, December 20, 2023
Trucking, Air, Transport, Logistics, Supply Chain Management, Hub Group, Last, Sale, Corporation, M&A, Management

Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is pleased to announce the sale of its Final Mile business to Hub Group, Inc. for an estimated total cash consideration of $262 million.

Key Points: 
  • Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is pleased to announce the sale of its Final Mile business to Hub Group, Inc. for an estimated total cash consideration of $262 million.
  • For the twelve months ended September 30, 2023, Final Mile generated approximately $289 million in revenue.
  • Final Mile has approximately 45 locations and more than 640 employees that will transfer to Hub Group, Inc.
    Tom Schmitt, Chairman, President, and CEO said, “Our Final Mile business grew revenue over 150% since inception in 2019 and returned significant value to Forward’s employees, customers and shareholders.
  • Corporate clarity remains a top priority as we enter the next phase of our Grow Forward strategy.”
    Phil Yeager, President and CEO of Hub Group, stated, “We are excited to welcome the Forward Final Mile team to Hub Group.

Hub Group, Inc. to Webcast Fireside Chat at the 2023 Stephens Annual Investment Conference

Retrieved on: 
Thursday, November 9, 2023
Webcast, Hub Group, Conference, OAK, Broadcasting

OAK BROOK, Ill., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at the Stephens Annual Investment Conference on Tuesday, Nov. 14 at 12:00pm ct. A live webcast of the discussion will be available at https://wsw.com/webcast/stph34/hubg/1818404 .

Key Points: 
  • OAK BROOK, Ill., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Hub Group, Inc. (NASDAQ:HUBG) announced that the company will participate in a fireside chat at the Stephens Annual Investment Conference on Tuesday, Nov. 14 at 12:00pm ct. A live webcast of the discussion will be available at https://wsw.com/webcast/stph34/hubg/1818404 .
  • A replay of the webcast will be available for 30 days following the live event.