Report
Matthew Young
EUR 100.00 For Business Accounts Only

Impressive Pricing Execution Continues to Drive Healthy Overall Growth in C.H. Robinson's 3Q

Wide-moat logistics specialist C.H. Robinson once again posted strong third-quarter gross revenue growth near 13.5%, slightly above our expectations on very healthy truck-brokerage pricing in the flagship North American Surface Transportation division. NAST gross profit margins (net revenue/gross revenue) were largely in line with our anticipated run rate. Gross margins increased year over year and sequentially as gains in sell-rates (to shippers) on truckload business pulled further ahead of in...
Underlying
C.H. Robinson Worldwide Inc.

Robinson (C.H.) Worldwide is a third party logistics company. The company provides freight transportation services and logistics solutions to companies. The company's segments are: North American Surface Transportation, which provides freight transportation services across North America through a network of offices; and Global Forwarding, which provides global logistics services through an international network of offices and also contracts with independent agents; and All Other and Corporate, which includes Robinson Fresh? that provides sourcing services including the buying, selling, and marketing of fresh fruits, vegetables, and other perishable items, and managed services that provides Managed TMS?.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Young

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