C.H. Robinson’s 1st-quarter profit up 18%
Minneapolis-based third-party logistics company C.H. Robinson posted an 18.3 percent rise in first quarter net income to $86.3 million, compared to $73 million in the same period last year.
The company’s operating income for the first three months of 2008 was $136.1 million, up 18.1 percent year on year. Total gross revenue increased 22.6 percent to $1.99 billion.