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C.H. ROBINSON SEES GROWTH IN REVENUE, INCOME

ENVIRONMENTAL TECHNOLOGIES TRADE COMMITTEE TO MEET

   C.H. Robinson Worldwide Inc. said first-quarter net income rose 19.2 percent to $18.1 million on revenue of $732.5 million, up 12.7 percent.

   The Minneapolis-based non-asset-based third-party logistics and motor carrier said net revenues rose 15.2 percent to $113.3 million, while income from operations rose 17.1 percent to $29.4 million.

   “This was a good quarter for us,” said D.R. “Sid” Verdoorn, chairman and chief executive officer for C.H. Robinson. “Our transportation net revenue growth was solid, and our branches did a great job managing operating expenses.”

   Transportation net revenues rose 17.2 percent to $96.7 million, primarily due to increases in truck transportation business, including less-than-truckload. Truck net revenues rose 19.0 percent to $87.2 million. Intermodal net revenues rose 18.1 percent, to $3.7 million. Ocean net revenues edged up 2.1 percent to $3.5 million.