July 30 (Reuters) - Global freight forwarder C.H.

Robinson ( CHRW ) reported second-quarter profit above Wall

Street estimates on Wednesday, as cost-cutting measures,

including job reductions, helped cushion the impact of falling

revenue in its truckload and ocean shipping businesses.

The Minnesota-based company reported adjusted income of

$1.29 per share for the quarter ended June 30, compared with

analysts' average estimate of $1.16, according to data compiled

by LSEG.

Total direct expenses fell 9.2% in the quarter, driven

by cost-saving initiatives and the divestiture of its European

surface transport business.

The company's workforce shrank by 1,616 positions, or

11.2% year-on-year, to 12,858 employees.

Revenue declined 7.7% to $4.14 billion, missing expectations

of $4.17 billion largely due to lower pricing in ocean services

and reduced fuel surcharges in truckload operations.

C.H. Robinson's ( CHRW ) ocean segment focuses on managing freight

costs and optimizing shipping routes, while its North American

surface transportation division - one of the largest freight

brokerage operations in the U.S. - connects shippers with

carriers across the continent.

Shares of the company rose more than 2% in after-hours

trading. They have fallen close to 6% since the start of the

year.