'Solid' half-year performance at K+N was offset by weakening US dollar
A steep drop in the value of the US dollar against the Swiss franc since ...
“We continued to make improvements in working capital, which combined with increased earnings, allowed us to generate nearly $200 million in cash flow from operations and increase cash returns to our shareholders. We are pleased with our second quarter results in this soft freight environment.” – Bob Biesterfeld, chief executive officer of CH Robinson (CHRW), 30 July 2019.
Oh, dear: If anybody – myself and a few others, for example – thought that expectations were low heading into the second quarter ...
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