C.H. Robinson Worldwide, Inc. (CHRW) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Senior Director of Investor Relations. Please go ahead. Thank you, Donna, and good afternoon, everyone. On the call with me today is Dave Bozeman, our President and Chief Executive Officer, Michael Castagnetto, our President of North American Surface Transportation, Arun Rajan, our Chief Strategy and Innovation Officer, and Damon Lee, our Chief Financial Officer. I'd like to remind you that our remarks today may contain forward-looking statements. Slide two in today's presentation list factors that could cause our actual results to differ from management's expectations. Our earnings presentation slides are supplemental to our earnings release and can be found in the investor section of our website at investor.chrobinson.com. Our prepared comments are not intended to follow the slides. If we do refer to specific information on the slides, we'll let you know which slide we're referring to. Today's remarks also contain certain non-GAAP measures and reconciliations of those measures to GAAP measures are included in the presentation. And with that, I'll turn the call over to Dave. Thank you, Chuck. Good afternoon, everyone, and thank you for joining us today. Our Q1 results reflect progress in the discipline execution of the strategies that we shared at our investor day in December. To take market share and expand our margins. We are not waiting for a market recovery to improve our financial results. And the strategies that the Robinson team is executing are relevant in any market environment. In NAST, we outgrew the market in Q1 in both truckload and LTL while expanding gross margins and improving productivity, both year over year and sequentially. In Global 40, we continue to win new business and optimize our expenses through further increases in productivity. Overall, ...