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C.H. Robinson and One20 have announced an electronic logging device solution designed to help small contract carriers comply with the electronic logging mandate.
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Multi-modal freight transportation services and third-party logistics provider C.H. Robinson Worldwide Inc. reported its second quarter net income fell 22.4% from a year ago despite a 12.4% hike in total revenue.
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Fleet earnings reported this week so far are varying widely, ranging from record numbers at one carrer to another barely eking out a profit, and one carrier delayed in reporting due to an investigation into its accounting practices.
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As more trucking companies report third quarter earnings, most are showing profits are down from the same time a year ago – but there are a few exceptions.
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C.H. Robinson has released the Navisphere Carrier app, designed to support contract motor carriers and their business.
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The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.
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Three more companies offering trucking and related services issued first quarter earnings reports on Tuesday, with each reporting very different results.
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Earnings season continues this week and with it are the first numbers from major trucking suppliers, such as Meritor, Eaton and Wabash National, in addition to those from trucking operations ArcBest and C.H. Robinson.
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C.H. Robinson, one of the world’s largest logistics providers, has signed a seven-year lease for a 235,000-square-foot commercial office building and warehouse in the Chicago area.
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The third party logistics provider C.H. Robinson Worldwide Inc. reported on Tuesday a 21.5% increase in net income for the final quarter of last year while it improved 8.1% for all of 2014.
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