C.H. Robinson Q1 Earnings Surpass Estimates, Increase Year Over Year

CHRW's Q1 revenue was pressured by lower volume in ocean and truckload services, along with lower pricing in ocean services. Higher pricing in truckload and less-than-truckload services partially offset the weakness, leaving the overall read mildly negative for fundamentals.

Analysis

CHRW's Q1 revenue was pressured by lower volume in ocean and truckload services, along with lower pricing in ocean services. Higher pricing in truckload and less-than-truckload services partially offset the weakness, leaving the overall read mildly negative for fundamentals.