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C.H. Robinson grows earnings, revenues in first half 2015

The third-party logistics provider increased net income and revenues by 15.1 percent and 3 percent, respectively, in the first half of 2015 compared to the same period last year.



C.H. Robinson Worldwide, Inc. increased net income 15.7 percent to $137.21 million in the second quarter of 2015 and 15.1 percent to $243.68 million in the first half of 2015 compared to the same periods in 2014.

The third-party logistics provider grew its diluted earnings per share 17.5 percent, from $0.80 per share to $0.94 per share, for the quarter and 16.8 percent, from $1.43 per share to $1.67 per share, for the first six months of the year.

Quarterly and first half revenues at C.H. Robinson were up 1.2 percent to $3.55 billion and 3 percent to $6.85 billion, respectively, according to the company’s most recent financial statements.

Revenues for the company’s truckload segment grew 8.6 percent in Q2 2015 compared with Q2 2014. The 3PL said its acquisition of internet based freight broker contributed approximately 3.5 percentage points to the segment’s net revenue growth. 

Less-than-truckload net revenues increased 35.8 percent compared to the second quarter last year, and Freightquote contributed approximately 33 percentage points to net revenue growth in LTL segment. 

The company’s LTL volumes grew 33 percent in the second quarter, with Freightquote contributing 20 percentage points the volume growth, said C.H. Robinson.

The 3PL increased intermodal net revenues 6.2 percent, with Freightquote contributing nine percentage points to the net revenue growth in the second quarter.

In its other units, net revenues were up 17.0 percent for ocean transportation, down 9.9 percent for air transportation, and up 6.4 percent for C.H. Robinson’s customs segment during the quarter.

“We had a great quarter with strong net revenue and net income growth across our network,” 
CEO and Chairman John Wiehoff said of the results.

 “Our employees worked very hard, serving our customers, carriers, and suppliers with a focus on excellence and improving every day.”

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The Chaunsa has a Brix rating in the 22 degree level which is unheard of!
Carabao claims to be the sweetest mango in the world and was able to register this in the Guiness book of world records.
Perhaps it is time for a GLOBAL taste test ???

In alphabetical order by Country....



Alphonso (mango)
From Wikipedia, the free encyclopedia

Alphonso (हापुस Haapoos in Marathi, હાફુસ in Gujarati, ಆಪೂಸ್ Aapoos in Kannada) is a mango cultivar that is considered by many[who?] to be one of the best in terms of sweetness, richness and flavor. 

It has considerable shelf life of a week after it is ripe making it exportable. 

It is also one of the most expensive kinds of mango and is grown mainly in Kokan region of western India.

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INDIA 2016 : Mango production in state likely to take a hit this year

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Mangaluru: Vagaries of nature is expected to take a toll on the production of King of Fruits - Mango - in Karnataka this year. A combination of failure of pre-monsoon showers at the flowering and growth stage and spike in temperature in mango growing belt of the state is expected to limit the total production of mango to an estimated 12 lakh tonnes in the current season as against 14 lakh tonnes in the last calendar year.

However, the good news for fruit lovers is that this could see price of mangoes across varieties decrease marginally by 2-3%. This is mainly on account of 'import' of the fruit from other mango-growing states in India, said M Kamalakshi Rajanna, chairperson, Karnataka State Mango Development and Marketing Corporation Ltd.

Karnataka is the third largest mango-growing state in India after Uttar Pradesh and Maharashtra.

Inaugurating a two-day Vasanthotsava organized by Shivarama Karantha Pilikula Nisargadhama and the Corporation at P…

Mangoes date back 65 million years according to research ...

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The earlier fossil records of mango (Mangifera indica) from the Northeast and elsewhere were 25 to 30 million years old. The 'carbonized leaf fossil' from Damalgiri area of Meghalaya hills, believed to be a mango tree from the peninsular India, was found by Dr R. C. Mehrotra, senior scientist, BSIP and his colleagues. 

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