News / CH Robinson feels the Freightquote effect as LTL acquisition gives Q2 profits a boost

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CH Robinson, the largest North American 3PL provider of truck and intermodal brokerage, freight forwarding and sourcing services, yesterday reported a 12.1% increase in net revenue and a 15.7% increase in net profit for the second quarter of the year.

Total revenues for the company came in at $3.55bn compared with $3.5bn last year, while net revenue – earnings after paying outsourced transport costs, significant given that it remains a mostly asset-light operation – were $584m and net profit $137.2m for ...