Q4/FY update – UBS on CH Robinson: 'Strong execution, idiosyncratic drivers remain'
“Solid 4Q EPS [earnings per share] despite rising spot rates; Cycle likely the key to ...
US 3PL CH Robinson yesterday reported double-digit interim net revenue increases across nearly all its business streams, as tight trucking capacity combined with an economic recovery to drive up freight pricing.
The company remains by far and away the country’s largest truck broker – indeed, arranging full and part truckloads for shippers and carriers is its largest single business segment. Its truckload division repored net revenue of $307m for the third quarter, a 15.8% year-on-year increase on the back of just ...
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