Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
7/25/2012 11:30:00 AM Write a Letter to the Editor Write a letter to the Editor

C.H. Robinson Reports Higher 2Q Profit

C.H. Robinson Worldwide reported higher a second-quarter profit, led by improved performance in its logistics operations.

Net income rose to $114.6 million, or 71 cents a share, from $111 million, or 67 cents, a year ago. Revenue rose 9.2% to $3 billion, the transportation and third-party logistics company said late Tuesday.

Total transportation revenue rose 0.3% to $369 million, with truck revenue slipped 0.5% to $312.6 million.

Intermodal and air revenue each fell more than 7% to about $10 million, while ocean revenue rose 3.4% to $17 million. Other logistics revenue jumped 26.7% to $18.8 million.

C.H. Robinson is ranked No. 6 on the Transport Topics Logistics 50 listing of North American logistics firms.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement