C.H. Robinson(US:CHRW)2025-01-29 22:09Financial Performance - Total revenues decreased by 0.9% year-over-year to $4.2 billion in Q4 2024 [10] - Adjusted gross profits increased by 10.7% year-over-year to $685 million in Q4 2024 [10] - Income from operations increased by 71.1% year-over-year to $184 million in Q4 2024 [10] - Net income per share increased by 369.2% year-over-year to $1.22 in Q4 2024 [10] - Adjusted income from operations increased by 79% year-over-year in Q4 [5] Segment Results - North American Surface Transportation (NAST) adjusted gross profits increased by 6.2% year-over-year in Q4 2024 [13] - Global Forwarding (GF) adjusted gross profits increased by 25.6% year-over-year in Q4 2024 [13] - All Other & Corporate adjusted gross profits increased by 1.2% year-over-year in Q4 2024 [13] - NAST truckload adjusted gross profit increased 9.5% year-over-year [17] - Ocean volume grew 3.5% year-over-year & air tonnage grew 15.5% year-over-year in Global Forwarding [16] Strategic Initiatives - The company is focused on deploying a new operating model to improve service, gain market share, streamline processes, and optimize costs [11]