The Minneapolis-based non-asset-based third-party logistics and motor carrier said net revenues rose 15.2 percent to $113.3 million, while income from operations rose 17.1 percent to $29.4 million.
“This was a good quarter for us,” said D.R. “Sid” Verdoorn, chairman and chief executive officer for C.H. Robinson. “Our transportation net revenue growth was solid, and our branches did a great job managing operating expenses.”
Transportation net revenues rose 17.2 percent to $96.7 million, primarily due to increases in truck transportation business, including less-than-truckload. Truck net revenues rose 19.0 percent to $87.2 million. Intermodal net revenues rose 18.1 percent, to $3.7 million. Ocean net revenues edged up 2.1 percent to $3.5 million.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now