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

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |  Page |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------|
|  PART I.  Financial      Information:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
|  Hub Group, Inc. -      Registrant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
|   Condensed      Consolidated Balance Sheets – March 31, 2009 (unaudited) andDecember 31,      2008                                                                      |  3    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
| Unaudited      Condensed Consolidated Statements of Income - Three MonthsEnded      March 31, 2009 and 2008                                                                                                                                                                                                                                                                                                                                                                                                                                  |  4    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
| Unaudited      Condensed Consolidated Statement of Stockholders’ Equity -      ThreeMonths Ended March 31,      2009                                                                                                                                                                                                                                                                                                                                                                                                                   |  5    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
| Unaudited      Condensed Consolidated Statements of Cash Flows - ThreeMonths Ended March 31, 2009 and      2008                                                                                                                                                                                                                                                                                                                                                                                                                              |  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                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  13   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
| Controls and      Procedures                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  13   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |       |
| PART II.  Other      Information                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |  14   |

| HUB      GROUP, INC.                                                                                                                                                                                                                    |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| CONDENSED      CONSOLIDATED BALANCE SHEETS                                                                                                                                                                                              |   |
| (in      thousands, except share amounts)                                                                                                                                                                                               |   |
|                                                                                                                                                                                                                                    |   |   |   |
|                                                                                                                                                                                                                                    |   | March      31,2009 |   |   | December      31,2008 |   |
| ASSETS                                                                                                                                                                                                                                  |   | (unaudited) |   |   |   |   |
| CURRENT      ASSETS:                                                                                                                                                                                                                    |   |   |   |   |   |   |
| Cash      and cash equivalents                                                                                                                                                                                                          |   | $ | 112,673 |   |   | $ | 85,799 |   |
| Accounts      receivable                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |
| Trade,      net                                                                                                                                                                                                                         |   |   | 132,751 |   |   |   | 145,362 |   |
| Other                                                                                                                                                                                                                                   |   |   | 7,435 |   |   |   | 10,318 |   |
| Prepaid      taxes                                                                                                                                                                                                                      |   |   | 123 |   |   |   | 123 |   |
| Deferred      taxes                                                                                                                                                                                                                     |   |   | 4,213 |   |   |   | 5,430 |   |
| Prepaid      expenses and other current assets                                                                                                                                                                                          |   |   | 3,762 |   |   |   | 4,346 |   |
| TOTAL      CURRENT ASSETS                                                                                                                                                                                                               |   |   | 260,957 |   |   |   | 251,378 |   |
|                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Restricted      investments                                                                                                                                                                                                             |   |   | 6,573 |   |   |   | 6,118 |   |
| Property      and equipment, net                                                                                                                                                                                                        |   |   | 31,486 |   |   |   | 32,713 |   |
| Other      intangibles, net                                                                                                                                                                                                             |   |   | 6,499 |   |   |   | 6,610 |   |
| Goodwill,      net                                                                                                                                                                                                                      |   |   | 233,056 |   |   |   | 233,110 |   |
| Other      assets                                                                                                                                                                                                                       |   |   | 1,690 |   |   |   | 1,747 |   |
| TOTAL      ASSETS                                                                                                                                                                                                                       |   | $ | 540,261 |   |   | $ | 531,676 |   |
| LIABILITIES      AND STOCKHOLDERS' EQUITY                                                                                                                                                                                               |   |   |   |   |   |   |   |   |
| CURRENT      LIABILITIES:                                                                                                                                                                                                               |   |   |   |   |   |   |   |   |
| Accounts      payable                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Trade                                                                                                                                                                                                                                   |   | $ | 110,070 |   |   | $ | 105,064 |   |
| Other                                                                                                                                                                                                                                   |   |   | 7,401 |   |   |   | 6,107 |   |
| Accrued      expenses                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Payroll                                                                                                                                                                                                                                 |   |   | 7,131 |   |   |   | 9,988 |   |
| Other                                                                                                                                                                                                                                   |   |   | 24,282 |   |   |   | 26,388 |   |
| TOTAL      CURRENT LIABILITIES                                                                                                                                                                                                          |   |   | 148,884 |   |   |   | 147,547 |   |
|                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| Non-current      liabilities                                                                                                                                                                                                            |   |   | 8,595 |   |   |   | 9,535 |   |
| Deferred      taxes                                                                                                                                                                                                                     |   |   | 61,227 |   |   |   | 59,410 |   |
|                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| STOCKHOLDERS'      EQUITY:                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |
| Preferred      stock, $.01 par value;  2,000,000 shares      authorized;  no shares issued or outstanding in 2009 and      2008                                                                                     |   |   | - |   |   |   | - |   |
| Common      stock                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |
| Class      A:  $.01 par value;  97,337,700 shares authorized and      41,224,792 shares issued in 2009 and 2008;  37,163,730 shares      outstanding in 2009 and 36,970,347 shares outstanding in    2008 |   |   | 412 |   |   |   | 412 |   |
| Class      B:  $.01 par value; 662,300 shares authorized; 662,296 shares      issued and outstanding in 2009 and 2008                                                                                                         |   |   | 7 |   |   |   | 7 |   |
| Additional      paid-in capital                                                                                                                                                                                                         |   |   | 169,572 |   |   |   | 174,355 |   |
| Purchase      price in excess of predecessor basis, net of tax benefit of      $10,306                                                                                                                                                  |   |   | (15,458 | ) |   |   | (15,458 | ) |
| Retained      earnings                                                                                                                                                                                                                  |   |   | 271,465 |   |   |   | 265,287 |   |
| Treasury      stock; at cost, 4,061,062 shares in 2009 and 4,254,445 shares in      2008                                                                                                                                                |   |   | (104,443 | ) |   |   | (109,419 | ) |
| TOTAL      STOCKHOLDERS' EQUITY                                                                                                                                                                                                         |   |   | 321,555 |   |   |   | 315,184 |   |
|                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS' EQUITY                                                                                                                                                                                         |   | $ | 540,261 |   |   | $ | 531,676 |   |
|                                                                                                                                                                                                                                    |   |
| See      notes to unaudited condensed consolidated financial      statements.                                                                                                                                                           |   |

|                                                       |   |
|------------------------------------------------------------|--------|
| HUB      GROUP, INC.                                       |   |
| UNAUDITED      CONDENSED CONSOLIDATED STATEMENTS OF INCOME |   |
| (in      thousands, except per share amounts)              |   |
|                                                       |   |   |   |
|                                                       |   | Three      Months |   |
|                                                       |   | Ended      March 31, |   |
|                                                       |   | 2009 |   |   | 2008 |   |
|                                                       |   |   |   |   |   |   |
| Revenue                                                    |   | $ | 351,695 |   |   | $ | 424,995 |   |
| Transportation      costs                                  |   |   | 306,526 |   |   |   | 367,493 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Gross      margin                                          |   |   | 45,169 |   |   |   | 57,502 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Costs      and expenses:                                   |   |   |   |   |   |   |   |   |
| Salaries      and benefits                                 |   |   | 23,214 |   |   |   | 25,363 |   |
| General      and administrative                            |   |   | 10,123 |   |   |   | 10,150 |   |
| Depreciation      and amortization                         |   |   | 1,156 |   |   |   | 1,001 |   |
| Total      costs and expenses                              |   |   | 34,493 |   |   |   | 36,514 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Operating      income                                      |   |   | 10,676 |   |   |   | 20,988 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Other      income (expense):                               |   |   |   |   |   |   |   |   |
| Interest      expense                                      |   |   | (25 | ) |   |   | (26 | ) |
| Interest      and dividend income                          |   |   | 55 |   |   |   | 338 |   |
| Other,      net                                            |   |   | 10 |   |   |   | 95 |   |
| Total      other income                                    |   |   | 40 |   |   |   | 407 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Income      before provision for income taxes              |   |   | 10,716 |   |   |   | 21,395 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Provision      for income taxes                            |   |   | 4,538 |   |   |   | 8,260 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Net      income                                            |   | $ | 6,178 |   |   | $ | 13,135 |   |
|                                                       |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |
| Basic      earnings per common share                       |   | $ | 0.17 |   |   | $ | 0.35 |   |
|                                                       |   |   |   |   |   |   |   |   |
| Diluted      earnings per common share                     |   | $ | 0.17 |   |   | $ | 0.35 |   |
|                                                       |   |   |   |   |   |   |   |   |
|                                                       |   |   |   |   |   |   |   |   |
| Basic      weighted average number of shares outstanding   |   |   | 37,321 |   |   |   | 37,101 |   |
| Diluted      weighted average number of shares outstanding |   |   | 37,412 |   |   |   | 37,405 |   |

| HUB      GROUP, INC                                                             |   |
|---------------------------------------------------------------------------------|--------|
| UNAUDITED      CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY   |   |
| (in      thousands, except shares)                                              |   |
|                                                                            |   |   |   |
|                                                                            |   | Three      Months |   |
|                                                                            |   | Ended |   |
|                                                                            |   | March      31, |   |
|                                                                            |   | 2009 |   |
| Class      A & B Common Stock Shares Outstanding                            |   |   |   |
| Beginning      of year                                                          |   |   | 37,632,643 |   |
| Purchase      of treasury shares                                                |   |   | (40,604 | ) |
| Treasury      shares issued for restricted stock and stock options    exercised |   |   | 233,987 |   |
| Ending      balance                                                             |   |   | 37,826,026 |   |
|                                                                            |   |   |   |   |
| Class      A & B Common Stock Amount                                        |   |   |   |   |
| Beginning      of year                                                          |   | $ | 419 |   |
| Ending      balance                                                             |   |   | 419 |   |
|                                                                            |   |   |   |   |
| Additional      Paid-in Capital                                                 |   |   |   |   |
| Beginning      of year                                                          |   |   | 174,355 |   |
| Exercise      of non-qualified stock options                                    |   |   | (727 | ) |
| Share-based      compensation expense                                           |   |   | 1,078 |   |
| Tax      benefit of share-based compensation plans                              |   |   | 117 |   |
| Issuance      of restricted stock awards, net of forfeitures                    |   |   | (5,251 | ) |
| Ending      balance                                                             |   |   | 169,572 |   |
|                                                                            |   |   |   |   |
| Purchase      Price in Excess of Predecessor Basis, Net of Tax                  |   |   |   |   |
| Beginning      of year                                                          |   |   | (15,458 | ) |
| Ending      balance                                                             |   |   | (15,458 | ) |
|                                                                            |   |   |   |   |
| Retained      Earnings                                                          |   |   |   |   |
| Beginning      of year                                                          |   |   | 265,287 |   |
| Net      income                                                                 |   |   | 6,178 |   |
| Ending      balance                                                             |   |   | 271,465 |   |
|                                                                            |   |   |   |   |
| Treasury      Stock                                                             |   |   |   |   |
| Beginning      of year                                                          |   |   | (109,419 | ) |
| Purchase      of treasury shares                                                |   |   | (1,042 | ) |
| Issuance      of restricted stock and exercise of stock options                 |   |   | 6,018 |   |
| Ending      balance                                                             |   |   | (104,443 | ) |
|                                                                            |   |   |   |   |
| Total      stockholders’ equity                                           |   | $ | 321,555 |   |
|                                                                            |   |   |   |   |
| See      notes to unaudited condensed consolidated financial      statements.   |   |

| HUB      GROUP, INC.                                                                                                             |   |
|----------------------------------------------------------------------------------------------------------------------------------|--------|
| UNAUDITED      CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                   |   |
| (in      thousands)                                                                                                              |   |
|                                                                                                                             |   |   |   |
|                                                                                                                             |   | Three      Months Ended March 31, |   |
|                                                                                                                             |   | 2009 |   |   | 2008 |   |
| Cash      flows from operating activities:                                                                                       |   |   |   |   |   |   |
|     Net      income                                                                                          |   | $ | 6,178 |   |   | $ | 13,135 |   |
|     Adjustments      to reconcile net income to net cash provided by operating      activities:              |   |   |   |   |   |   |   |   |
|        Depreciation      and amortization                                                     |   |   | 2,184 |   |   |   | 1,706 |   |
|        Deferred      taxes                                                                    |   |   | 3,088 |   |   |   | 3,232 |   |
|        Compensation      expense related to share-based compensation plans                    |   |   | 1,078 |   |   |   | 1,171 |   |
|        (Gain)      loss on sale of assets                                                     |   |   | (27 | ) |   |   | 29 |   |
|     Changes      in operating assets and liabilities:                                                        |   |   |   |   |   |   |   |   |
|        Restricted      investments                                                            |   |   | (455 | ) |   |   | (2,246 | ) |
|        Accounts      receivable, net                                                          |   |   | 15,494 |   |   |   | (723 | ) |
|        Prepaid      expenses and other current assets                                         |   |   | 584 |   |   |   | 578 |   |
|        Other      assets                                                                      |   |   | 57 |   |   |   | 136 |   |
|        Accounts      payable                                                                  |   |   | 6,300 |   |   |   | 2,499 |   |
|        Accrued      expenses                                                                  |   |   | (4,401 | ) |   |   | (14,085 | ) |
|        Non-current      liabilities                                                           |   |   | (940 | ) |   |   | (196 | ) |
|             Net      cash provided by operating activities           |   |   | 29,140 |   |   |   | 5,236 |   |
| Cash      flows from investing activities:                                                                                       |   |   |   |   |   |   |   |   |
|      Proceeds      from sale of equipment                                                               |   |   | 48 |   |   |   | 29 |   |
|      Purchases      of property and equipment                                                           |   |   | (1,429 | ) |   |   | (849 | ) |
|      Cash      used in acquisition of Comtrak, Inc.                                                     |   |   | - |   |   |   | (5,000 | ) |
|             Net      cash used in investing activities               |   |   | (1,381 | ) |   |   | (5,820 | ) |
| Cash      flows from financing activities:                                                                                       |   |   |   |   |   |   |   |   |
|      Proceeds      from stock options exercised                                                         |   |   | 40 |   |   |   | 315 |   |
|      Purchase      of treasury stock                                                                    |   |   | (1,042 | ) |   |   | (672 | ) |
|      Excess      tax benefits from share-based compensation                                             |   |   | 117 |   |   |   | 1,817 |   |
|             Net      cash (used in) provided by financing activities |   |   | (885 | ) |   |   | 1,460 |   |
|                                                                                                                             |   |   |   |   |   |   |   |   |
| Net      increase in cash and cash equivalents                                                                                   |   |   | 26,874 |   |   |   | 876 |   |
| Cash      and cash equivalents beginning of period                                                                               |   |   | 85,799 |   |   |   | 38,002 |   |
| Cash      and cash equivalents end of period                                                                                     |   | $ | 112,673 |   |   | $ | 38,878 |   |
|                                                                                                                             |   |   |   |   |   |   |   |   |
| Supplemental      disclosures of cash paid for:                                                                                  |   |   |   |   |   |   |   |   |
|      Interest                                                                                           |   | $ | 25 |   |   | $ | 26 |   |
|      Income      taxes                                                                                  |   |   | 1,821 |   |   |   | 4,018 |   |
|                                                                                                                             |   |
| See      notes to unaudited condensed consolidated financial      statements.                                                    |   |

|                                                 |   | Three      Months Ended |   |   | Three      Months Ended |   |
|------------------------------------------------------|--------|-------------------------|--------|--------|-------------------------|--------|
|                                                 |   | March      31, 2009     |   |   | March      31, 2008     |   |
|                                                 |   | Income                  |   |   | Shares                  |   |   | Per      Share Amount |   |   | Income |   |   | Shares |   |   | Per      Share Amount |   |
| Basic      EPS                                       |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Net      income                                |   | $                       | 6,178  |   |                    |   | 37,321 |   |   | $ | 0.17 |   |   | $ | 13,135 |   |   |   | 37,101 |   |   | $ | 0.35 |   |
|                                                 |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Effect      of Dilutive Securities                   |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock      options & restricted  stock |   |                    | -      |   |                    |   | 91 |   |   |   | - |   |   |   | - |   |   |   | 304 |   |   |   | - |   |
|                                                 |   |                    |   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      EPS                                     |   | $                       | 6,178  |   |                    |   | 37,412 |   |   | $ | 0.17 |   |   | $ | 13,135 |   |   |   | 37,405 |   |   | $ | 0.35 |   |

| Balance      at December 31, 2008                 |   | $      | -      |   |
|---------------------------------------------------|--------|--------|--------|--------|
|   Restructuring      expenses-severance |   |   | 872    |   |
|   Cash      payments made               |   |   | (403   | )      |
| Balance      at March 31, 2009                    |   | $      | 469    |   |
|                                              |   |   |   |   |

|   | Item      2.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION      AND RESULTS OF OPERATIONS |
|--------|--------------------------------------------------------------------------------------------------------------------------|

| ·   | 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 and durable goods sectors; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------|

| ·   | 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 claimsexpense; |
|--------------------|----------------------------------------------------|

| ·   | changes      to current laws which will aid union organizing efforts;    and |
|--------------------|------------------------------------------------------------------------------|

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

|                 |   | Three      Months Ended |    |
|----------------------|--------|-------------------------|---------|
|                 |   | March      31,          |    |
|                 |   |                    |    |   |   |   |   | % |   |
|                 |   | 2009                    |    |   | 2008 |   |   | Change |   |
|                 |   |                    |    |   |   |   |   |   |   |
| Revenue              |   |                    |    |   |   |   |   |   |   |
| Intermodal           |   | $                       | 245,569 |   |   | $ | 302,771 |   |   |   | (18.9 | %) |
| Truck      brokerage |   |                    | 68,040  |   |   |   | 89,908 |   |   |   | (24.3 | ) |
| Logistics            |   |                    | 38,086  |   |   |   | 32,316 |   |   |   | 17.9 |   |
| Total      revenue   |   | $                       | 351,695 |   |   | $ | 424,995 |   |   |   | (17.2 | %) |

|                                                             |   | Three      Months Ended |   |
|------------------------------------------------------------------|--------|-------------------------|--------|
|                                                             |   | March      31,          |   |
|                                                             |   | 2009                    |   |   | 2008 |   |
|                                                             |   |                    |   |   |   |   |
| Revenue                                                          |   |                    | 100.0  | % |   |   | 100.0 | % |
|                                                             |   |                    |   |   |   |   |   |   |
| Transportation      costs                                        |   |                    | 87.2   |   |   |   | 86.5 |   |
|                                                             |   |                    |   |   |   |   |   |   |
| Gross      margin                                                |   |                    | 12.8   |   |   |   | 13.5 |   |
|                                                             |   |                    |   |   |   |   |   |   |
| Costs      and expenses:                                         |   |                    |   |   |   |   |   |   |
|      Salaries      and benefits         |   |                    | 6.6    |   |   |   | 6.0 |   |
|      General      and administrative    |   |                    | 2.9    |   |   |   | 2.4 |   |
|      Depreciation      and amortization |   |                    | 0.3    |   |   |   | 0.2 |   |
| Total      costs and expenses                                    |   |                    | 9.8    |   |   |   | 8.6 |   |
|                                                             |   |                    |   |   |   |   |   |   |
| Operating      income                                            |   |                    | 3.0    |   |   |   | 4.9 |   |
|                                                             |   |                    |   |   |   |   |   |   |
| Other      income:                                               |   |                    |   |   |   |   |   |   |
|      Interest      and dividend income  |   |                    | 0.0    |   |   |   | 0.1 |   |
|      Total      other income            |   |                    | 0.0    |   |   |   | 0.1 |   |
|                                                             |   |                    |   |   |   |   |   |   |
| Income      before provision for income taxes                    |   |                    | 3.0    |   |   |   | 5.0 |   |
|                                                             |   |                    |   |   |   |   |   |   |
| Provision      for income taxes                                  |   |                    | 1.2    |   |   |   | 1.9 |   |
|                                                             |   |                    |   |   |   |   |   |   |
| Net      income                                                  |   |                    | 1.8    | % |   |   | 3.1 | % |

|                     |   |   |   |
|--------------------------|--------|--------|--------|
| 2009                     |   | $      | 16,022 |   |
| 2010                     |   |   | 18,995 |   |
| 2011                     |   |   | 17,331 |   |
| 2012                     |   |   | 14,355 |   |
| 2013                     |   |   | 4,747  |   |
| 2014      and thereafter |   |   | 2,480  |   |
|                     |   | $      | 73,930 |   |

| 2010                     |   | $      | 1,596 |   |
|--------------------------|--------|--------|-------|--------|
| 2011                     |   |   | 479   |   |
| 2012                     |   |   | 606   |   |
| 2013                     |   |   | 507   |   |
| 2014      and thereafter |   |   | 5,453 |   |
|                     |   | $      | 8,641 |   |

|                                                                    |   | 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) |   |
|-------------------------------------------------------------------------|--------|---------------------------------------|--------|--------|-----------------------------------|--------|--------|------------------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------------------------------------|--------|
| January      1 toMarch      31                                          |   |                                  | -      |   |                              | $      | -      |                                                                               |   |   | -                                                                                                    |   |   | $ | 73,598 |   |
|            Total |   |                                  | -      |   |                              | $      | -      |                                                                               |   |   | -00                                                                                                  |   |   | $ | 73,598 |   |

|                      | HUB GROUP,INC. |                                                                                      |
|---------------------------|----------------|-------------------------------------------------------------------------------------------|
|                      |           |                                                                                      |   |
| Date:      April 24, 2009 | By:            | /s/ Terri      A. Pizzuto                                                            |   |
|                      |           | Name:      Terri A. Pizzuto                                                               |   |
|                      |           | Title:      Executive Vice President, Chief Financial                                     |   |
|                      |           |                Officer and Treasurer         |   |
|                      |           |                (Principal Financial Officer) |   |

| 31.1 | Certification      of David P. Yeager, 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. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|