C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.

Transportation gross profit rose 9.7% to $297.5 million, from $271.1 million in the previous second quarter, the company said late Tuesday.

Truckload volume rose 11%, less-than-truckload shipments rose 21%, intermodal profit rose 5% and ocean transport profit rose 30%, the company said.

C.H. Robinson is ranked No. 7 on the Transport Topics Logistics 50 listing of North American logistics firms.