C.H. Robinson’s Q1 was weak; April’s freight market was no better
First-quarter results for C.H. Robinson were a sea of down arrows, as had been expected at the giant brokerage company. Declines in key benchmarks were well into the double digits at C.H. Robinson (NASDAQ: CHRW). Gross profits were down 24.7%. Income from operations declined 53.4%. Diluted earnings per share dropped 53.2% and adjusted EPS declined…