C.H. Robinson’s Profit Soars

C.H. Robinson’s Profit Soars

Eden Prairie, Minn.-based third-party logistics provider C.H. Robinson reported income in the fourth quarter of 2012 was $256.39 million, jumping 134 percent from $109.21 million in the fourth quarter of 2011.

Quarterly revenue was $2.97 billion, up 16 percent from $2.57 billion in the same quarter in 2011.

Annual net income rose 38 percent from $431.6 million in 2011 to $593.8 million in 2012. Revenue in 2012 was $11.36 billion, increasing 10 percent from $10.34 billion.