Logistics provider C.H. Robinson Worldwide Inc. said Tuesday, April 24, that its first-quarter profit rose 25.6 percent. The Minneapolis-based company — which earned $72.9 million, compared with $58.1 million for the same quarter in 2006 — said it was able to capture better margins in truck and intermodal transport.
C.H. Robinson also announced that its:
The company said operating expenses rose 11.8 percent to $181.7 million, but as a percentage of gross profits, operating expenses fell to 61.2 percent from 63.8 percent in the first quarter of 2006.
