C H Robinson Worldwide : CHRW Q2 2021 Earnings Call Presentation
July 27, 2021 at 04:10 pm EDT
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Bob Biesterfeld, CEO
Mike Zechmeister, CFO
Chuck Ives, Director of IR
Q2 2021
Earnings Presentation
July 27, 2021
Safe Harbor Statement
Except for the historical information contained herein, the matters set forth in this presentation and the accompanying earnings release are forward-looking statements that represent our expectations, beliefs, intentions or strategies concerning future events. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our historical experience or our present expectations, including, but not limited to such factors as changes in economic conditions, including uncertain consumer demand; changes in market demand and pressures on the pricing for our services; competition and growth rates within the third party logistics industry; freight levels and increasing costs and availability of truck capacity or alternative means of transporting freight; changes in relationships with existing contracted truck, rail, ocean, and air carriers; changes in our customer base due to possible consolidation among our customers; our ability to successfully integrate the operations of acquired companies with our historic operations; risks associated with litigation, including contingent auto liability and insurance coverage; risks associated with operations outside of the United States; risks associated with the potential impact of changes in government regulations; risks associated with the produce industry, including food safety and contamination issues; fuel price increases or decreases, or fuel shortages; cyber-securityrelated risks; the impact of war on the economy; changes to our capital structure; risks related to the elimination of LIBOR; changes due to catastrophic events including pandemics such as COVID-19;and other risks and uncertainties detailed in our Annual and Quarterly Reports.
2
Q2 2021 Key Highlights
Record quarter for Total Volumes, Revenues, Adjusted Gross Profit ("AGP") & Operating Income(1)
Largest service lines delivered both year-over-year and sequential growth in total volumes, revenues &
AGP
Year-over-yearvolume growth in NAST Truckload & higher AGP/load
Robust growth in Global Forwarding in a capacity- constrained environment
Arun Rajan joining the company as Chief Product Officer to drive the next generation of innovation
Adjusted gross profit is a non-GAAP financial measure. Adjusted gross profit is calculated as gross profit excluding amortization of internally developed software utilized to directly serve our customers and contracted carriers.
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C.H. Robinson Worldwide Inc. published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 20:09:01 UTC.
C.H. Robinson Worldwide, Inc. is one of the world's leading suppliers of transportation and logistical services. Net sales break down by activity as follows:
- multi-mode transportation services (95.2%): activity conducted through sub-contractors;
- purchasing, storage, and transportation of fresh products (4.8%).
The United States account for 83.8% of net sales.
C.H. ROBINSON WORLDWIDE, INC. 
