| Delaware                                                                 | 36-4007085                                     |
|--------------------------------------------------------------------------|------------------------------------------------|
| (State      or other jurisdiction of incorporation      or organization) | (I.R.S.      Employer Identification      No.) |

|  PART I.  Financial      Information:                                                                      |  Page |
|---------------------------------------------------------------------------------------------------------------------------|------------|
|                                                                                                                      |       |
|  Hub Group, Inc. -      Registrant                                                                                   |       |
|                                                                                                                      |       |
|  Condensed      Consolidated Balance Sheets – June 30, 2008 (unaudited) andDecember 31,      2007         |  3    |
|                                                                                                                      |       |
| Unaudited      Condensed Consolidated Statements of Income - Three Monthsand      Six Months Ended June 30, 2008 and 2007 |  4    |
|                                                                                                                      |       |
| Unaudited      Condensed Consolidated Statement of Stockholders’ Equity -SixMonths Ended June 30,      2008         |  5    |
|                                                                                                                      |       |
| Unaudited      Condensed Consolidated Statements of Cash Flows - SixMonths Ended June 30, 2008 and      2007              |  6    |
|                                                                                                                      |       |
|  Notes to      Unaudited Condensed Consolidated Financial Statements                                                 |  7    |
|                                                                                                                      |       |
| Management’s      Discussion and Analysis of Financial Condition andResults of    Operations                        |  9    |
|                                                                                                                      |       |
|  Quantitative      and Qualitative Disclosures About Market Risk                                                     | 14         |
|                                                                                                                      |       |
|  Controls and      Procedures                                                                                        | 15         |
|                                                                                                                      |       |
|  PART II.  Other      Information                                                                          | 15         |

| Item      1. Financial Statements HUB      GROUP, INC.                                                                                                                                                       |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| CONSOLIDATED      BALANCE SHEETS                                                                                                                                                                                       |   |
| (in      thousands, except share amounts)                                                                                                                                                                              |   |
|                                                                                                                                                                                                                   |   |   |   |
|                                                                                                                                                                                                                   |   | June      30,2008 |   |   | December      31,2007 |   |
| ASSETS                                                                                                                                                                                                                 |   | (unaudited) |   |   |   |   |
| CURRENT      ASSETS:                                                                                                                                                                                                   |   |   |   |   |   |   |
| Cash      and cash equivalents                                                                                                                                                                                         |   | $ | 54,038 |   |   | $ | 38,002 |   |
| Accounts      receivable                                                                                                                                                                                               |   |   |   |   |   |   |   |   |
| Trade,      net                                                                                                                                                                                                        |   |   | 191,878 |   |   |   | 160,944 |   |
| Other                                                                                                                                                                                                                  |   |   | 10,720 |   |   |   | 9,828 |   |
| Prepaid      taxes                                                                                                                                                                                                     |   |   | 86 |   |   |   | 86 |   |
| Deferred      taxes                                                                                                                                                                                                    |   |   | 3,876 |   |   |   | 5,044 |   |
| Prepaid      expenses and other current assets                                                                                                                                                                         |   |   | 5,925 |   |   |   | 4,318 |   |
| TOTAL      CURRENT ASSETS                                                                                                                                                                                              |   |   | 266,523 |   |   |   | 218,222 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Restricted      investments                                                                                                                                                                                            |   |   | 7,746 |   |   |   | 5,206 |   |
| Property      and equipment, net                                                                                                                                                                                       |   |   | 28,181 |   |   |   | 29,662 |   |
| Other      intangibles, net                                                                                                                                                                                            |   |   | 6,833 |   |   |   | 7,056 |   |
| Goodwill,      net                                                                                                                                                                                                     |   |   | 230,448 |   |   |   | 230,448 |   |
| Other      assets                                                                                                                                                                                                      |   |   | 1,251 |   |   |   | 1,373 |   |
| TOTAL      ASSETS                                                                                                                                                                                                      |   | $ | 540,982 |   |   | $ | 491,967 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' EQUITY                                                                                                                                                                              |   |   |   |   |   |   |   |   |
| CURRENT      LIABILITIES:                                                                                                                                                                                              |   |   |   |   |   |   |   |   |
| Accounts      payable                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Trade                                                                                                                                                                                                                  |   | $ | 147,282 |   |   | $ | 123,020 |   |
| Other                                                                                                                                                                                                                  |   |   | 9,029 |   |   |   | 6,683 |   |
| Accrued      expenses                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Payroll                                                                                                                                                                                                                |   |   | 12,137 |   |   |   | 16,446 |   |
| Other                                                                                                                                                                                                                  |   |   | 28,434 |   |   |   | 33,063 |   |
|        Related      party payable                                                                                                                                                   |   |   | - |   |   |   | 5,000 |   |
| TOTAL      CURRENT LIABILITIES                                                                                                                                                                                         |   |   | 196,882 |   |   |   | 184,212 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Non-current      liabilities                                                                                                                                                                                           |   |   | 9,753 |   |   |   | 9,708 |   |
| Deferred      taxes                                                                                                                                                                                                    |   |   | 51,129 |   |   |   | 47,148 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| STOCKHOLDERS'      EQUITY:                                                                                                                                                                                             |   |   |   |   |   |   |   |   |
| Preferred      stock, $.01 par value;  2,000,000 shares      authorized;  no shares issued or outstanding in 2008 and      2007                                                                    |   |   | - |   |   |   | - |   |
| Common      stock                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |
| Class      A:  $.01 par value;  97,337,700 shares authorized and      41,224,792 shares issued in 2008 and 2007;  37,001,494      outstanding in 2008 and 36,666,731 outstanding in 2007 |   |   | 412 |   |   |   | 412 |   |
| Class      B:  $.01 par value; 662,300 shares authorized; 662,296 shares      issued and outstanding in 2008 and 2007                                                                                        |   |   | 7 |   |   |   | 7 |   |
| Additional      paid-in capital                                                                                                                                                                                        |   |   | 172,357 |   |   |   | 176,657 |   |
| Purchase      price in excess of predecessor basis, net of tax benefit of      $10,306                                                                                                                                 |   |   | (15,458 | ) |   |   | (15,458 | ) |
| Retained      earnings                                                                                                                                                                                                 |   |   | 234,147 |   |   |   | 206,042 |   |
| Treasury      stock; at cost, 4,223,298 shares in 2008 and 4,558,061 shares in      2007                                                                                                                               |   |   | (108,247 | ) |   |   | (116,761 | ) |
| TOTAL      STOCKHOLDERS' EQUITY                                                                                                                                                                                        |   |   | 283,218 |   |   |   | 250,899 |   |
|                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                                                                        |   | $ | 540,982 |   |   | $ | 491,967 |   |

| HUB      GROUP, INC.                                                          |   |
|-------------------------------------------------------------------------------|--------|
| UNAUDITED      CONDENSED CONSOLIDATED STATEMENTS OF INCOME                    |   |
| (in      thousands, except per share amounts)                                 |   |
|                                                                          |   |   |   |   |   |   |   |
|                                                                          |   | Three      Months |   |   | Six      Months |   |   |
|                                                                          |   | Ended      June 30, |   |   | Ended      June 30, |   |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |
|                                                                          |   | 2008 |   |   | 2007 |   |   | 2008 |   |   | 2007 |   |   |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |
| Revenue                                                                       |   | $ | 490,929 |   |   | $ | 401,565 |   |   | $ | 915,924 |   |   | $ | 794,862 |   |
| Transportation      costs                                                     |   |   | 431,090 |   |   |   | 343,802 |   |   |   | 798,583 |   |   |   | 680,438 |   |
| Gross      margin                                                             |   |   | 59,839 |   |   |   | 57,763 |   |   |   | 117,341 |   |   |   | 114,424 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Costs      and expenses:                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Salaries      and benefits                                                    |   |   | 24,301 |   |   |   | 24,177 |   |   |   | 49,664 |   |   |   | 49,787 |   |
| General      and administrative                                               |   |   | 10,477 |   |   |   | 10,218 |   |   |   | 20,627 |   |   |   | 21,819 |   |
| Depreciation      and amortization                                            |   |   | 991 |   |   |   | 1,203 |   |   |   | 1,992 |   |   |   | 2,375 |   |
| Total      costs and expenses                                                 |   |   | 35,769 |   |   |   | 35,598 |   |   |   | 72,283 |   |   |   | 73,981 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating      income                                                         |   |   | 24,070 |   |   |   | 22,165 |   |   |   | 45,058 |   |   |   | 40,443 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other      income (expense):                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Interest      expense                                                         |   |   | (26 | ) |   |   | (24 | ) |   |   | (52 | ) |   |   | (45 | ) |
| Interest      and dividend income                                             |   |   | 340 |   |   |   | 611 |   |   |   | 678 |   |   |   | 1,256 |   |
| Other,      net                                                               |   |   | (9 | ) |   |   | 55 |   |   |   | 86 |   |   |   | 58 |   |
| Total      other income                                                       |   |   | 305 |   |   |   | 642 |   |   |   | 712 |   |   |   | 1,269 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income      before provision for income taxes                                 |   |   | 24,375 |   |   |   | 22,807 |   |   |   | 45,770 |   |   |   | 41,712 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision      for income taxes                                               |   |   | 9,405 |   |   |   | 9,032 |   |   |   | 17,665 |   |   |   | 16,518 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      income                                                               |   | $ | 14,970 |   |   | $ | 13,775 |   |   | $ | 28,105 |   |   | $ | 25,194 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      earnings per common share                                          |   | $ | 0.40 |   |   | $ | 0.35 |   |   | $ | 0.76 |   |   | $ | 0.64 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      earnings per common share                                        |   | $ | 0.40 |   |   | $ | 0.35 |   |   | $ | 0.75 |   |   | $ | 0.64 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      weighted average number of shares outstanding                      |   |   | 37,191 |   |   |   | 39,043 |   |   |   | 37,146 |   |   |   | 39,150 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      weighted average number of shares outstanding                    |   |   | 37,489 |   |   |   | 39,538 |   |   |   | 37,447 |   |   |   | 39,652 |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                          |   |   |   |   |   |   |   |   |   |   |   |
| See      notes to unaudited condensed consolidated financial      statements. |   |

| HUB      GROUP, INC                                                                 |   |
|-------------------------------------------------------------------------------------|--------|
| UNAUDITED      CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY       |   |
| For      the six months ended June 30, 2008                                         |   |
| (in      thousands, except shares)                                                  |   |
|                                                                                |   |   |   |
|                                                                                |   | June      30, |   |
|                                                                                |   | 2008 |   |
| Class      A & B Common Stock Shares Outstanding                                |   |   |   |
| Beginning      of year                                                              |   |   | 37,329,027 |   |
| Purchase      of treasury shares                                                    |   |   | (28,528 | ) |
| Treasury      shares issued for restricted stock and stock options    exercised     |   |   | 363,291 |   |
| Ending      balance                                                                 |   |   | 37,663,790 |   |
|                                                                                |   |   |   |   |
| Class      A & B Common Stock Amount                                            |   |   |   |   |
| Beginning      of year                                                              |   | $ | 419 |   |
| Ending      balance                                                                 |   |   | 419 |   |
|                                                                                |   |   |   |   |
| Additional      Paid-in Capital                                                     |   |   |   |   |
| Beginning      of year                                                              |   |   | 176,657 |   |
| Exercise      of non-qualified stock options                                        |   |   | (3,470 | ) |
| Share-based      compensation expense                                               |   |   | 2,257 |   |
| Tax      benefit of share-based compensation plans                                  |   |   | 2,398 |   |
| Issuance      of restricted stock awards, net of forfeitures                        |   |   | (5,485 | ) |
| Ending      balance                                                                 |   |   | 172,357 |   |
|                                                                                |   |   |   |   |
| Purchase      Price in Excess of Predecessor Basis, Net of Tax                      |   |   |   |   |
| Beginning      of year                                                              |   |   | (15,458 | ) |
| Ending      balance                                                                 |   |   | (15,458 | ) |
|                                                                                |   |   |   |   |
| Retained      Earnings                                                              |   |   |   |   |
| Beginning      of year                                                              |   |   | 206,042 |   |
| Net      income                                                                     |   |   | 28,105 |   |
| Ending      balance                                                                 |   |   | 234,147 |   |
|                                                                                |   |   |   |   |
| Treasury      Stock                                                                 |   |   |   |   |
| Beginning      of year                                                              |   |   | (116,761 | ) |
| Purchase      of treasury shares                                                    |   |   | (796 | ) |
| Issuance      of restricted stock and exercise of stock options                     |   |   | 9,310 |   |
| Ending      balance                                                                 |   |   | (108,247 | ) |
|                                                                                |   |   |   |   |
| Total      stockholders’ equity                                               |   | $ | 283,218 |   |
|  See      notes to unaudited condensed consolidated financial      statements. |   |

|   HUB      GROUP, INC.                                                                                                 |   |
|----------------------------------------------------------------------------------------------------------------------------------|--------|
| UNAUDITED      CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                   |   |
| (in      thousands)                                                                                                              |   |
|                                                                                                                             |   | Six      Months Ended June 30, |   |
|                                                                                                                             |   | 2008 |   |   | 2007 |   |
| Cash      flows from operating activities:                                                                                       |   |   |   |   |   |   |
|     Net      income                                                                                          |   | $ | 28,105 |   |   | $ | 25,194 |   |
|     Adjustments      to reconcile net income to net cash provided by operating      activities:              |   |   |   |   |   |   |   |   |
|        Depreciation      and amortization                                                     |   |   | 3,395 |   |   |   | 3,706 |   |
|        Deferred      taxes                                                                    |   |   | 5,149 |   |   |   | 3,034 |   |
|        Compensation      expense related to share-based compensation plans                    |   |   | 2,257 |   |   |   | 1,923 |   |
|        Gain      loss on sale of assets                                                       |   |   | (197 | ) |   |   | (117 | ) |
|     Changes      in operating assets and liabilities:                                                        |   |   |   |   |   |   |   |   |
|           Restricted      investments                                          |   |   | (2,540 | ) |   |   | (1,786 | ) |
|           Accounts      receivable, net                                        |   |   | (31,826 | ) |   |   | 1,667 |   |
|           Prepaid      taxes                                                   |   |   | - |   |   |   | 2,033 |   |
|           Prepaid      expenses and other current assets                       |   |   | (1,607 | ) |   |   | (345 | ) |
|           Other      assets                                                    |   |   | 122 |   |   |   | 4 |   |
|           Accounts      payable                                                |   |   | 26,608 |   |   |   | (4,388 | ) |
|           Accrued      expenses                                                |   |   | (8,938 | ) |   |   | (174 | ) |
|           Deferred      compensation                                           |   |   | 45 |   |   |   | 180 |   |
|             Net      cash provided by operating activities           |   |   | 20,573 |   |   |   | 30,931 |   |
| Cash      flows from investing activities:                                                                                       |   |   |   |   |   |   |   |   |
|    Proceeds      from sale of equipment                                                                           |   |   | 364 |   |   |   | 550 |   |
|    Purchases      of property and equipment                                                                       |   |   | (1,858 | ) |   |   | (7,453 | ) |
|    Cash      used in acquisition of Comtrak, Inc.                                                                 |   |   | (5,000 | ) |   |   | (5,000 | ) |
|             Net      cash used in investing activities               |   |   | (6,494 | ) |   |   | (11,903 | ) |
| Cash      flows from financing activities:                                                                                       |   |   |   |   |   |   |   |   |
|    Proceeds      from stock options exercised                                                                     |   |   | 355 |   |   |   | 329 |   |
|    Purchase      of treasury stock                                                                                |   |   | (796 | ) |   |   | (12,898 | ) |
|    Excess      tax benefits from share-based compensation                                                         |   |   | 2,398 |   |   |   | 2,430 |   |
|             Net      cash provided by (used in) financing activities |   |   | 1,957 |   |   |   | (10,139 | ) |
|                                                                                                                             |   |   |   |   |   |   |   |   |
| Net      increase in cash and cash equivalents                                                                                   |   |   | 16,036 |   |   |   | 8,889 |   |
| Cash      and cash equivalents beginning of period                                                                               |   |   | 38,002 |   |   |   | 43,491 |   |
| Cash      and cash equivalents end of period                                                                                     |   | $ | 54,038 |   |   | $ | 52,380 |   |
|                                                                                                                             |   |   |   |   |   |   |   |   |
| Supplemental      disclosures of cash paid for:                                                                                  |   |   |   |   |   |   |   |   |
|      Interest                                                                                           |   | $ | 52 |   |   | $ | 45 |   |
|      Income      taxes                                                                                  |   | $ | 11,165 |   |   | $ | 7,427 |   |
|  See      notes to unaudited condensed consolidated financial      statements.                                              |   |

|                                                            |   | Three      Months Ended |   |   | Three      Months Ended |   |
|-----------------------------------------------------------------|--------|-------------------------|--------|--------|-------------------------|--------|
|                                                            |   | June      30, 2008      |   |   | June      30, 2007      |   |
|                                                            |   |                    |   |   | (000's)            |   |   |   |   |   |   |   |   |  (000's) |   |   |   |   |
|                                                            |   | Income                  |   |   | Shares                  |   |   | Per      Share Amount |   |   | Income |   |   | Shares |   |   | Per      Share Amount |   |
| Basic      EPS                                                  |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net      income                         |   | $                       | 14,970 |   |                    |   | 37,191 |   |   | $ | 0.40 |   |   | $ | 13,775 |   |   |   | 39,043 |   |   | $ | 0.35 |   |
|                                                            |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Effect      of Dilutive Securities                              |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Stock      options and restricted stock |   |                    |   |   |                    |   | 298 |   |   |   |   |   |   |   |   |   |   |   | 495 |   |   |   |   |   |
|                                                            |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted    EPS                                                  |   | $                       | 14,970 |   |                    |   | 37,489 |   |   | $ | 0.40 |   |   | $ | 13,775 |   |   |   | 39,538 |   |   | $ | 0.35 |   |

|                                                            |   | Six      Months Ended |   |   | Six      Months Ended |   |
|-----------------------------------------------------------------|--------|-----------------------|--------|--------|-----------------------|--------|
|                                                            |   | June      30, 2008    |   |   | June      30, 2007    |   |
|                                                            |   |                  |   |   |  (000's)         |   |   |   |   |   |   |   |   |  (000's) |   |   |   |   |
|                                                            |   | Income                |   |   | Shares                |   |   | Per      Share Amount |   |   | Income |   |   | Shares |   |   | Per      Share Amount |   |
| Basic      EPS                                                  |   |                  |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Net      income                         |   | $                     | 28,105 |   |                  |   | 37,146 |   |   | $ | 0.76 |   |   | $ | 25,194 |   |   |   | 39,150 |   |   | $ | 0.64 |   |
|                                                            |   |                  |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Effect      of Dilutive Securities                              |   |                  |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Stock      options and restricted stock |   |                  |   |   |                  |   | 301 |   |   |   |   |   |   |   |   |   |   |   | 502 |   |   |   |   |   |
|                                                            |   |                  |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      EPS                                                |   | $                     | 28,105 |   |                  |   | 37,447 |   |   | $ | 0.75 |   |   | $ | 25,194 |   |   |   | 39,652 |   |   | $ | 0.64 |   |

| ·   | the      degree and rate of market growth in the domestic intermodal, truck      brokerage and logistics markets served byus; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| ·   | deterioration      in our relationships with existing railroads or adverse changes to the      railroads’ operating rules; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| ·   | changes      in rail service conditions or adverse weather  conditions; |
|--------------------|-------------------------------------------------------------------------|

| ·   | further      consolidation of railroads; |
|--------------------|------------------------------------------|

| ·   | the      impact of competitive pressures in the marketplace, including entry of new      competitors, direct marketing efforts by the railroads or marketing      efforts of asset-based carriers; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | changes      in rail, drayage and trucking companycapacity; |
|--------------------|-------------------------------------------------------------|

| ·   | railroads      moving away from ownership of intermodalassets; |
|--------------------|----------------------------------------------------------------|

| ·   | equipment      shortages or equipment surplus; |
|--------------------|------------------------------------------------|

| ·   | changes      in the cost of services from rail, drayage, truck or other      vendors; |
|--------------------|---------------------------------------------------------------------------------------|

| ·   | increases      in costs for independent contractors due to regulatory, judicial and legal      changes; |
|--------------------|---------------------------------------------------------------------------------------------------------|

| ·   | labor      unrest in the rail, drayage or trucking company    communities; |
|--------------------|----------------------------------------------------------------------------|

| ·   | general      economic and business conditions; |
|--------------------|------------------------------------------------|

| ·   | significant      deterioration in our customer’s financial condition, particularly in the      retail sector; |
|--------------------|---------------------------------------------------------------------------------------------------------------------|

| ·   | fuel      shortages or fluctuations in fuelprices; |
|--------------------|----------------------------------------------------|

| ·   | increases      in interest rates; |
|--------------------|-----------------------------------|

| ·   | changes      in homeland security or terroristactivity; |
|--------------------|---------------------------------------------------------|

| ·   | difficulties      in maintaining or enhancing our information technology      systems; |
|--------------------|----------------------------------------------------------------------------------------|

| ·   | changes      to or new governmental regulation; |
|--------------------|-------------------------------------------------|

| ·   | loss      of several of our largestcustomers; |
|--------------------|-----------------------------------------------|

| ·   | inability      to recruit and retain keypersonnel; |
|--------------------|----------------------------------------------------|

| ·   | inability      to recruit and retain drivers and owner  operators; |
|--------------------|--------------------------------------------------------------------|

| ·   | changes      in insurance costs and claims expense;and |
|--------------------|--------------------------------------------------------|

| ·   | inability      to close and successfully integrate any future business      combinations. |
|--------------------|-------------------------------------------------------------------------------------------|

|                 |   | Three      Months Ended |    |   | Six      Months Ended |   |
|----------------------|--------|-------------------------|---------|--------|-----------------------|--------|
|                 |   | June      30,           |    |   | June      30,         |   |
|                 |   |                    |    |   |                  |   |   | % |   |   |   |   |   |   |   |   | % |   |
|                 |   | 2008                    |    |   | 2007                  |   |   | Change |   |   | 2008 |   |   | 2007 |   |   | Change |   |
| Revenue              |   |                    |    |   |                  |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Intermodal           |   | $                       | 351,640 |   |                  | $      | 300,877 |   |   |   | 16.9 | % |   | $ | 654,411 |   |   | $ | 588,710 |   |   |   | 11.2 | % |
| Truck      brokerage |   |                    | 98,667  |   |                  |   | 73,631 |   |   |   | 34.0 |   |   |   | 188,575 |   |   |   | 148,648 |   |   |   | 26.9 |   |
| Logistics            |   |                    | 40,622  |   |                  |   | 27,057 |   |   |   | 50.1 |   |   |   | 72,938 |   |   |   | 57,504 |   |   |   | 26.8 |   |
| Total      Revenue   |   | $                       | 490,929 |   |                  | $      | 401,565 |   |   |   | 22.3 | % |   | $ | 915,924 |   |   | $ | 794,862 |   |   |   | 15.2 | % |

|                                                             |   | Three      Months Ended |   |   | Six      Months Ended |   |
|------------------------------------------------------------------|--------|-------------------------|--------|--------|-----------------------|--------|
|                                                             |   | June      30,           |   |   | June      30,         |   |
|                                                             |   | 2008                    |   |   | 2007                  |   |   | 2008 |   |   | 2007 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |
| Revenue                                                          |   |                    | 100.0  | %      |                  |   | 100.0 | % |   |   | 100.0 | % |   |   | 100.0 | % |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Transportation      costs                                        |   |                    | 87.8   |   |                  |   | 85.6 |   |   |   | 87.2 |   |   |   | 85.6 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Gross      margin                                                |   |                    | 12.2   |   |                  |   | 14.4 |   |   |   | 12.8 |   |   |   | 14.4 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Costs      and expenses:                                         |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
|      Salaries      and benefits         |   |                    | 5.0    |   |                  |   | 6.0 |   |   |   | 5.4 |   |   |   | 6.3 |   |
|      General      and administrative    |   |                    | 2.1    |   |                  |   | 2.6 |   |   |   | 2.3 |   |   |   | 2.7 |   |
|      Depreciation      and amortization |   |                    | 0.2    |   |                  |   | 0.3 |   |   |   | 0.2 |   |   |   | 0.3 |   |
| Total      costs and expenses                                    |   |                    | 7.3    |   |                  |   | 8.9 |   |   |   | 7.9 |   |   |   | 9.3 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Operating      income                                            |   |                    | 4.9    |   |                  |   | 5.5 |   |   |   | 4.9 |   |   |   | 5.1 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Other      income:                                               |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
|      Interest      and dividend income  |   |                    | 0.1    |   |                  |   | 0.2 |   |   |   | 0.1 |   |   |   | 0.1 |   |
|      Total      other income            |   |                    | 0.1    |   |                  |   | 0.2 |   |   |   | 0.1 |   |   |   | 0.1 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Income      before provision for income taxes                    |   |                    | 5.0    |   |                  |   | 5.7 |   |   |   | 5.0 |   |   |   | 5.2 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Provision      for income taxes                                  |   |                    | 2.0    |   |                  |   | 2.3 |   |   |   | 1.9 |   |   |   | 2.0 |   |
|                                                             |   |                    |   |   |                  |   |   |   |   |   |   |   |   |   |   |   |
| Net      income                                                  |   |                    | 3.0    | %      |                  |   | 3.4 | % |   |   | 3.1 | % |   |   | 3.2 | % |

|                     |   |   |   |
|--------------------------|--------|--------|--------|
| 2008                     |   | $      | 9,847  |   |
| 2009                     |   |   | 17,877 |   |
| 2010                     |   |   | 15,453 |   |
| 2011                     |   |   | 13,930 |   |
| 2012                     |   |   | 12,297 |   |
| 2013      and thereafter |   |   | 5,451  |   |
|                     |   | $      | 74,855 |   |

| 2008                     |   | $      | 101    |   |
|--------------------------|--------|--------|--------|--------|
| 2009                     |   |   | 759    |   |
| 2010                     |   |   | 1,636  |   |
| 2011                     |   |   | 526    |   |
| 2012                     |   |   | 615    |   |
| 2013      and thereafter |   |   | 6,721  |   |
|                     |   | $      | 10,358 |   |

|                                                                    |   | Total      Number of Shares Purchased |   |   | Average      Price Paid Per Share |   |   | Total      Number of Shares Purchased as Part of Publicly Announced    Plan |   |   | Maximum      Value of Shares that May Yet Be Purchased Under the Plan (in      000’s) |   |
|-------------------------------------------------------------------------|--------|---------------------------------------|--------|--------|-----------------------------------|--------|--------|-----------------------------------------------------------------------------|--------|--------|---------------------------------------------------------------------------------------------|--------|
| April      1 to April      30                                           |   |                                  | --     |   |                              |   | --     |                                                                        |   |   | --                                                                                          |   |   |   | 75,000 |   |
| May      1 toMay      31                                                |   |                                  | --     |   |                              |   | --     |                                                                        |   |   | --                                                                                          |   |   |   | 75,000 |   |
| June      1 toJune      30                                              |   |                                  | --     |   |                              |   | --     |                                                                        |   |   | --                                                                                          |   |   |   | 75,000 |   |
|            Total |   |                                  | --     |   |                              | $      | --     |                                                                        |   |   | --                                                                                          |   |   | $ | 75,000 |   |

|                     |   |                                           |
|--------------------------|--------|------------------------------------------------|
|                     |   | HUBGROUP                                  |   |
|                     |   |                                           |   |
| DATE:      July 25, 2008 |   | /s/ Terri      A. Pizzuto                 |   |
|                     |   | Terri      A. Pizzuto                          |   |
|                     |   | Executive      Vice President, Chief Financial |   |
|                     |   | Officer      and Treasurer                |   |
|                     |   | (Principal      Financial Officer)        |   |

| 31.1 | Certification      of David P. Yeager, Vice Chairman and Chief Executive Officer, Pursuant to      Rule 13a-14(a) under the Securities Exchange Act of  1934. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 31.2 | Certification      of Terri A. Pizzuto, Executive Vice President, Chief Financial Officer and      Treasurer, Pursuant to Rule 13a-14(a) under the Securities Exchange Act of      1934. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32.1 | Certification      of David P. Yeager and Terri A. Pizzuto, Chief Executive Officer and Chief      Financial Officer, respectively, Pursuant to 18 U.S.C. Section      1350. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|