C.H. Robinson(US:CHRW)2024-05-02 04:19Financial Performance - Total revenues decreased by 4.3% year-over-year to $4.4 billion in Q1 2024[21] - Adjusted gross profits decreased by 4.1% year-over-year to $658 million in Q1 2024[21] - Net income per share decreased by 18.8% year-over-year to $0.78, with adjusted net income per share at $0.86 in Q1 2024[21] - Transportation Adjusted Gross Profit Margin increased 20 bps to 15.4%[67] Segment Results - North American Surface Transportation (NAST) adjusted gross profits decreased by 6.9% year-over-year[22] - Truckload volume in NAST decreased by 0.5% year-over-year[10] - Truckload AGP per shipment decreased by 9.9% year-over-year to $235.7[10] - Global Forwarding adjusted gross profits increased by 1.2% year-over-year[22] - Ocean volume grew 7.0% year-over-year & air tonnage grew 23.0% year-over-year[22] - All Other & Corporate adjusted gross profits decreased by 0.6% year-over-year[22]