Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
7/29/2014 4:45:00 PM Write a Letter to the Editor Write a letter to the Editor

C.H. Robinson’s Income Rises 6%


C.H. Robinson Worldwide Inc.

C.H. Robinson Worldwide Inc. said net income in the second quarter increased 6% to $118.6 million, or 80 cents per share, from $112 million, or 70 cents per share.

The company’s report, including a 6.5% rise in revenue to $3.5 billion, noted that North American truckload volumes increased about 3%.

Truckload costs in North America increased about 9%, and the Eden Prairie, Minnesota-based company said the average truckload rate per mile charged to customers increased nearly 10% in the second quarter.

Transportation revenue rose 12.2% to $484 million. Less-than-truckload revenue rose 11% on an 8% increase in shipments.

In other smaller businesses, revenue improved in the intermodal, ocean, air, customs and logistics units. Sourcing for produce shipments declined 10% on the impact of the West Coast drought.

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

© 2014, 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

TFM

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