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SOURCE Hub Group, Inc.
Transportation Company Recognized for Performance and Leadership in Freight Supply Chain Efficiency
DOWNERS GROVE, Ill., Oct. 24, 2013 /PRNewswire/ -- Hub Group, Inc. (NASDAQ: HUBG), a leading provider of comprehensive intermodal, highway and logistics services throughout North America, was honored this week with a SmartWay® Excellence Award from the U.S. Environmental Protection Agency as a true industry leader in freight supply chain environmental performance and energy efficiency.
Hub Group's commitment to sustainability through its vast intermodal transportation network generated significant fuel and cost savings for its customers while reducing carbon dioxide emissions. By converting customers to rail, Hub Group can reduce emissions and fuel consumption because rail produces 65 percent less greenhouse gas than highway. In fact, freight trains are three times more fuel efficient than trucks.
"Being an environmentally sustainable company is a priority for Hub Group. We are honored that the nation's top agency for protecting the environment has recognized us for our hard work improving fuel efficiency and savings for our customers and reducing greenhouse gases," said David P. Yeager, Chairman and CEO of Hub Group.
Hub Group was one of 55 companies to receive this distinction, representing the best environmental performers of SmartWay's 3,000-plus partners. The Excellence Awardees were honored at the Council of Supply Chain Management Professionals annual conference held in Denver on October 22, 2013.
"EPA is pleased to recognize the 2013 SmartWay Excellence Award recipients. I commend Hub Group for its superior environmental performance and leadership in advancing freight sector efficiency", said Gina McCarthy, EPA Administrator. "Their commitment is helping lead the freight industry to a more sustainable future."
For more information about Hub Group's commitment to sustainability, visit www.hubgroup.com.
About Hub Group
Hub Group is a $3 billion asset light freight transportation management company providing comprehensive intermodal, truck brokerage and logistics services. The Company operates through a network of offices throughout the United States, Canada and Mexico. For more information, visit www.hubgroup.com.
EPA launched SmartWay in 2004 to help businesses improve the sustainability of their freight supply chains. Today the Partnership consists of more than 3,000 Partners, representing a cross section of the freight supply chain industry. As of today, SmartWay partners have saved 65 million barrels of oil. This is equivalent to taking over 5 million cars off the road for an entire year. SmartWay's clean air achievements (28 million metric tons of carbon dioxide, 478,000 tons nitrogen oxides and 22,000 tons of particulate matter reduced so far) help protect the health and well-being of citizens while contributing to our nation's economic and energy security.
More information on SmartWay: http://www.epa.gov/smartway/
List of Excellence Award recipients: http://www.epa.gov/smartway/partner-resources/awards.htm
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