C.H. Robinson reports improved results
C.H. Robinson Worldwide Inc. reported higher profits and revenues in the third quarter when compared to the same period a year earlier.
Profit was $83.7 million for the quarter ending Sept. 30 compared to $70.4 million in the same 2006 period. Revenue was $1.54 billion, up from $1.39 billion.
The company said it had an increase in its transportation gross profit margin due to a slight increase in truck transportation gross profit margins and a change in mix of business.
Faster growth in its air and miscellaneous transportation management services businesses resulted in higher gross profit margins than the overall transportation business.
C.H. Robinson reports improved results