C.H. Robinson gross profit increases 17.2%

C.H. Robinson Worldwide Inc. said its gross profit increased 17.2% to $133.1 million in the first quarter compared to the same period last year. Income from operations increased 28.4% to $43.5 million from $33.8 million in 2002. Net income increased 28.8% to $26.8 million from $20.8 million in 2002. The company had an increase in truck transportation business of 17%, which was driven by volume growth

C.H. Robinson Worldwide Inc. said its gross profit increased 17.2% to $133.1 million in the first quarter compared to the same period last year.

Income from operations increased 28.4% to $43.5 million from $33.8 million in 2002. Net income increased 28.8% to $26.8 million from $20.8 million in 2002.

The company had an increase in truck transportation business of 17%, which was driven by volume growth in both truckload and LTL shipments.

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