How to load a web log file (text format) to Hive with compression

[Raj Hadoop]

Hi,

I have a web log files (text format). I want to load these files to a Hive 
table in compressed format. How do I do it ?

Should I compress the text file (using any Linux utilities) and then create the 
Hive table?

Can any one provide me the Hive syntax for loading the compressed file?

Thanks,
Raj