CH Robinson Worldwide Inc. announced unaudited consolidated financial results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported total revenues of $2,568.284 million against $2,325.349 million a year ago. Income from operations was $171.955 million against $164.065 million a year ago. Income before provision for income taxes was $173.328 million against $164.321 million a year ago. Net income was $109.214 million or $0.67 per diluted share against $103.161 million or $0.62 per diluted share a year ago. Cash flow from operations was approximately $136 million. Capex for the quarter was approximately $24 million. For the year, the company reported total revenues of $10,336.346 million against $9,274.305 million a year ago. Income from operations was $692.730 million against $622.860 million a year ago. Income before provision for income taxes was $694.704 million against $624.102 million a year ago. Net income was $431.612 million or $2.62 per diluted share against $387.026 million or $2.33 per diluted share a year ago. Net cash provided by operating activities was $429.712 million against $344.779 million a year ago. Purchases of property and equipment were $35.932 million against $17.718 million a year ago. Purchases and development of software was $16.874 million against $10.959 million a year ago. Cash flow from operations was approximately $430 million. The company provided capex guidance for the year 2012. For the period, the company expects capex are to be in the $40 million to $45 million range.