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

May 01, 2013 | About:
The Dividend Guy Blog

Holly LaFon

211 followers
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)

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