The implementation of hub-and-spoke networks in intermodal transport is suggested as one of the potential solutions for helping to increase the intermodal market share. Traditionally, trains are shunted at hubs; this is a time-consuming process. Since the early 1990s a new type of intermodal terminal, specifically designed for fast tran-shipment at nodes in hub-and-spoke networks, has been introduced in Europe. These hub terminals could replace this time-consuming shunting. Studies on the new hub terminals suggest that they may perform more efficiently than shunting yards. However, a systematic comparison to reveal the operational and costs differences be-tween shunting and these new hub-terminals for a broad range of situations still lacks. The main objective of the study was to develop a model to identify favourable opera-tional conditions for new hub terminals to be implemented and to quantify their op-erational performances in relation to alternative hub exchange facilities. Simulation models were developed to study rail-rail exchange operations at new hub-terminals, hump and flat shuntings yard and road-rail terminals.