Freight demand is weak, but cost cuts help C.H. Robinson boost profits. Shares are rallying.

Date:

July 31, 2024

Shares of shipping logistics provider C.H. Robinson Worldwide Inc. rallied on Wednesday after the company reported a second-quarter adjusted profit that topped Wall Street’s estimates, helped by tighter operations in its key North American transportation services.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Freight demand is weak, but cost cuts help C.H. Robinson boost profits. Shares are rallying.

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