C. H. ROBINSON WORLDWIDE, INC. recently released its 10-Q report. The company, founded in 1905 and headquartered in Eden Prairie, Minnesota, provides freight transportation and logistics services in the United States and abroad through two segments: North American Surface Transportation and Global Forwarding. Its offerings include truckload, less-than-truckload, intermodal, ocean, air, customs brokerage, warehousing, supply chain consulting, and produce sourcing and distribution under the Robinson Fresh name.
In Item 2, management said the second quarter of 2026 was shaped more by supply constraints than by a broad recovery in freight demand. In North American surface transportation, carrier capacity tightened further as regulatory enforcement and higher operating costs pressured the market; the company said the average truckload routing guide depth was 1.4 in the quarter versus 1.3 a year earlier, and industry freight volumes measured by the Cass Freight Index fell 3.3% year over year. C.H. Robinson said its average truckload linehaul cost per mile, excluding fuel surcharges, rose about 29.0% from the prior-year quarter, while its average truckload linehaul rate charged to customers, excluding fuel surcharges, increased about 25.5%.
The company’s second-quarter revenue rose 19.3% to $4.934 billion from $4.137 billion. Transportation revenue increased 20.8% to $4.525 billion, while sourcing revenue rose 5.0% to $409.3 million. Purchased transportation and related services climbed 23.8% to $3.828 billion, and purchased products sourced for resale increased 4.9% to $367.7 million.
Gross profit increased 6.8% to $725.9 million, and adjusted gross profit rose 6.5% to $738.0 million. Gross margin fell to 14.7% from 16.4%, while adjusted gross profit margin declined to 15.0% from 16.8%. Income from operations increased 18.4% to $255.7 million, and adjusted operating margin improved to 34.7% from 31.1%.
Net income rose 22.5% to $186.8 million from $152.5 million, and diluted earnings per share increased 23.8% to $1.56 from $1.26. The effective tax rate was 21.5%, compared with 21.4% a year earlier. Interest and other expense, net, was $17.9 million, including $16.9 million of interest expense.
For the first six months of 2026, total revenue increased 9.3% to $8.947 billion, net income rose 16.1% to $334.0 million, and diluted EPS increased to $2.78 from $2.37. Cash flow from operations declined by $229.2 million in the quarter, which management attributed mainly to a sequential increase in net operating working capital. Following these announcements, the company's shares moved 0.98%, and are now trading at a price of $148.355. For the full picture, make sure to review C. H. ROBINSON WORLDWIDE, INC.'s 10-Q report.
