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.

Sign up for our eNewsletters
Get the latest news and updates

Voice Your Opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!