On the wires: CH Robinson – our pole star in forwarding
Shining in its own light
PRESS RELEASE
07/27/2021
MINNEAPOLIS?(BUSINESS WIRE)? C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) today reported financial results for the quarter ended June 30, 2021.
Second Quarter Key Metrics:
– Total revenues increased 52.5% to $5.5 billion
– Gross profits increased 21.9% to $744.4 million
– Adjusted gross profits(1) increased 21.9% to $749.2 million
– Income from operations increased 38.0% to $260.6 million
– Adjusted operating margin(1) increased 410 basis points to 34.8%
– ...
Hapag books $4.7bn Q1 profit, but the outlook is uncertain as costs rise
CMA CGM offers cash incentive for returning containers early
Misdeclared Li-Ion battery shipments a rising threat to shipping
One-third of foreign workers look set to leave China this summer
Inditex lobbies for Maersk to win contract to run new Bangladesh terminal
Lockdowns driving multinational soul-searching on staying in China
Port of Colombo resumes operations after 20-hour labour strike
US container imports up 7% in April as coastal shift continues
Comment on this article