Free 7-day Trial
All Articles and Columns »

Baron Funds Comments on C.H. Robinson Worldwide Inc.

May 01, 2013 | About:
The Dividend Guy Blog

Holly LaFon

C.H. Robinson Worldwide, Inc. (CHRW) is the largest U.S. truck brokerage service. Its shares declined during the quarter after it reported disappointing earnings. Although the economic recovery led to increased truck shipments, the company experienced margin pressure because the cost of its purchased trucking capacity increased faster than the rates it could charge to its shipping clients.We are hopeful that this will prove to be a short-term issue that will reverse itself during the remainder of 2013.

From Baron Funds’ first quarter 2013 letter.

Rating: 2.6/5 (7 votes)


Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial