CH Robinson appoints Dave Bozeman chief executive officer
PRESS RELEASE 06/06/2023 Accomplished Executive with Experience Leading and Growing Global Operations at Scale and Proven Expertise ...
Net profit during 2015 at CH Robinson grew 13.3% on the previous year, the company reported yesterday. Falling transport costs boosted higher net revenues, it said, with significant expansion in trucking, a sector which was also aided by the LSP’s acquisition of Freightquote.com. LTL revenues rose an impressive 41.4% in the fourth quarter, year-on-year. Intermodal, air and ocean all saw net revenue declines, however, which the company said was related to charging customers less. Sourcing and logistics services both saw rises, of 11.9% and 16.1% respectively in Q4. Overall net income for 2015 was $509.7m, up from $449.7m.
Container freight rates: 'collapse' is the word, says Xeneta
Worker no-shows force US west coast port terminal shutdowns
Cargo shifts back to US west coast ports, but some has gone for good
'Alarming signals' as airfreight capacity rises and rates fall
Digital forwarders back in the spotlight: can they compete?
Major box lines still fighting over diminishing supply of smaller ships
Evergreen and Wan Hai face up to bearish market as profits tumble
FedEx pilots win ‘tentative agreement’ on new contract after strike threat
'Keep 'em peeled' alert as drug smuggling into Europe's ports increases
Slower demand, but US warehouse rents rise in 'tight and expensive' market
Comment on this article