Weaker Truckload Pricing Hurts C.H. Robinson Worldwide's Second-Quarter Revenue

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C.H. Robinson Worldwide's(NASDAQ: CHRW)latest earnings report, issued Wednesday, revealed that the revenue weakness it experienced last quarter has persisted through the midpoint of the year. While shareholders weren't thrilled with another revenue drop, company executives offered up a tactical response to the top-line trend. We'll review management's thoughts after walking through highlights from the filing below:

C.H. Robinson Worldwide: The raw numbers

Metric Q2 2016 Actual Q2 2015 Actual Year-Over-Year Growth (Decline)
Revenue $3.29 billion $3.54 billion (7.0)%
Net income $143.1 million $137.2 million 4.3%
Diluted earnings per share $1.00 $0.94 6.4%

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