C.H. Robinson’s 4Q Income Rises

Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.

Total revenue rose 0.2% to $1.96 billion, the company said late Tuesday.

Transportation gross profit rose 6.3% to $306 million. Truck gross profits, including truckload and less-than-truckload, rose 3.1%, while truckload volumes decreased 4%.

Intermodal gross profit rose 28%, driven by increased volumes and margin expansion, the company said.

Net income for the year rose to $359.2 million, or $2.08 per share, from $324.3 million, or $1.86. Total revenue rose 17.3% to $8.58 billion.

C.H. Robinson is ranked No. 7 on the Transport Topics Logistics 50 listing of North American logistics firms.