Reported 3 months ago
C.H. Robinson reported a notable increase in earnings for the second quarter, exceeding expectations for the second consecutive quarter, which positively influenced its stock price. CEO Dave Bozeman credited the impressive results to a newly implemented operating model that focuses on evaluating key performance metrics. The company saw significant improvements in adjusted gross profit across various segments, despite experiencing a slight revenue decline in the North American Surface Transportation segment. The overall adjusted operating margin rose sharply, reflecting Bozeman's strategies made over the past year.
Source: YAHOO