CH Robinson Worldwide Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents

CH Robinson Worldwide Inc Q1 2022 Earnings Call Summary

CH Robinson Worldwide Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents
CH Robinson Worldwide Inc Q1 2022 Earnings Call Summary
Published Apr 27, 2022
20 pages (11752 words) — Published Apr 27, 2022
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Abstract:

Edited Brief of CHRW.OQ earnings conference call or presentation 27-Apr-22 9:00pm GMT

  
Brief Excerpt:

...A. Highlights: Record quarterly profits. 1. 2. Sequential improvement was driven by significant operating margin expansion in North American Surface Transportation (NAST) business as Co.: Improved health of contractual truckload business. a. b. Continued to grow truckload volume. c. Improved profitability of less-than truckload (LTL) business. 3. Global Forwarding team continued delivering excellent service to customers and, collaborating with carriers, driving more business to Co.'s platform. 4. Robinson Fresh, Managed Services and Europe Surface Transportation businesses all improved their topline growth and operating income on a YoverY basis. B. NAST: Adjusted operating margin was 36%, up 350 BP YoverY and 480 BP sequentially due to improved profitability in truckload and LTL services. 1. 2. In NAST truckload business, volume grew 4% YoverY and adjusted gross profit (AGP) per shipment increased 15% vs. 1Q21 and 6.5% sequentially as Co. repriced more of its contractual portfolio and continued...

  
Report Type:

Brief

Source:
Company:
CH Robinson Worldwide Inc
Ticker
CHRW.OQ
Time
9:00pm GMT
Format:
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CH Robinson Worldwide Inc Q1 2022 Earnings Call Transcript – 2022-04-27 – US$ 54.00 – Edited Transcript of CHRW.OQ earnings conference call or presentation 27-Apr-22 9:00pm GMT

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CH Robinson Worldwide Inc Q4 2021 Earnings Call Transcript – 2022-02-02 – US$ 54.00 – Edited Transcript of CHRW.OQ earnings conference call or presentation 2-Feb-22 1:30pm GMT

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MLA:
Thomson StreetEvents. "CH Robinson Worldwide Inc Q1 2022 Earnings Call Summary" Apr 27, 2022. Alacra Store. May 20, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-CH-Robinson-Worldwide-Inc-Earnings-Call-B15173093>
  
APA:
Thomson StreetEvents. (2022). CH Robinson Worldwide Inc Q1 2022 Earnings Call Summary Apr 27, 2022. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-CH-Robinson-Worldwide-Inc-Earnings-Call-B15173093>
  
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