C.H. Robinson Worldwide (CHRW) on Wednesday reported an increase in profit for the first quarter, driven by lower expenses.
Net income rose to $147.2 million or $1.22 per share, compared to $135.3 million or $1.11 per share last year. Adjusted earnings per share were $1.35, compared to $1.17 last year.
Total revenue edged down 0.8% to $4.01 billion, primarily driven by lower volume in ocean and truckload services and lower pricing in ocean services. This was partially offset by higher pricing in truckload and less than truckload services.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.