C.H. Robinson profit jumps 68% as cost cuts offset freight slowdown
EDEN PRAIRIE Logistics giant C.H. Robinson Worldwide Inc. reported a sharp increase in third-quarter profit, crediting its strategic overhaul for allowing it to gain market share and improve efficiency even as the freight industry remains in a prolonged slump. The company said that net income surged 67.6% to $163 million, or $1.34 per share, for…