UPDATE: BB&T Capital Downgrades C.H. Robinson Worldwide (CHRW) to Hold

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C.H. Robinson Reports First Quarter Results

April 26, 2016 4:15 PM EDT

MINNEAPOLIS--(BUSINESS WIRE)-- C.H. Robinson Worldwide, Inc. (C.H. Robinson) (NASDAQ: CHRW), today reported financial results for the quarter ended March 31, 2016. Summarized financial results are as follows (dollars in thousands, except per share data):

  Three months ended March 31,     % 2016   2015   change   Total revenues $ 3,073,943 $ 3,300,890 -6.9 %

Net revenues:

Transportation Truckload 321,684 298,380 7.8 % LTL 91,293 85,370 6.9 % Intermodal 9,264 10,512 -11.9 % Ocean 58,669 50,190 16.9 % Air 18,409... More