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^ Top   #1   4 Weeks Ago

rookietrucker Trucker Forum STAFF   Last Seen: 1 Hour Ago 12.01 AM Member Since: Jul 2007 Trucker? Trucking Industry Posts: 4,108 My Trucking Photos: 0 Thanks: 889 Thanked: 1,292 Times My Truckers Blog : 2

C.H. Robinson announces higher 3Q profit, lower revenue C.H. Robinson announces higher 3Q profit, lower revenue Quote: Third-party logistics provider C.H. Robinson Worldwide Inc. on Tuesday, Oct. 20, announced financial results for the third quarter ended Sept. 30. Net income was $95.5 million compared with $93.6 million during the year-ago period, while revenue fell 16 percent to $1.95 billion. Net truck revenue increased 2.1 percent to $268.1 million, and net sourcing revenue climbed 9.3 percent to $30.9 million, which the Eden Prairie, Minn.-based company said was driven by volume growth and its September acquisition of Rosemont Farms. Operating expenses decreased 2.6 percent to $197.8 million. C.H. Robinson announces higher 3Q profit, lower revenue __________________ Click here to learn how to sponsor us

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^ Top   #2   4 Weeks Ago

Working Class Patriot "In Tune"   Last Seen: 40 Minutes Ago 12.58 AM Member Since: Jan 2008 Location: Parked in front of Mary Nichols' house....Idling like there's no tomorrow.... Trucker? Trucking Industry Posts: 15,918 My Trucking Photos: 0 Thanks: 6,630 Thanked: 4,979 Times

Quote: Operating expenses decreased 2.6 percent to $197.8 million. They ain't called "Cheap and Heavy" for nuthin'...... __________________ A Patriot's Dream Come True.......Beauty, Brains, And Conservative...... Obama and Company: Step aside and let the adults take Charge.......Playtime is over.....

^ Top   #3   4 Weeks Ago

stranger Road Train Member   Last Seen: 2 Days Ago 11.56 PM Member Since: Oct 2006 Location: NC Trucker? 34 Years Posts: 1,242 My Trucking Photos: 15 Thanks: 82 Thanked: 572 Times

It's easy to make more profit off of less revenue, if you take a bigger piece of the pie off the top. Now, this means less to the truck, but who cares about that.

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