C.H. Robinson CEO Dave Bozeman talked with analysts Wednesday about his model for turning the company around. The evidence indicates it’s working.
A first look at C.H. Robinson’s third-quarter earnings reveals slightly slower sequential gains than in recent quarters.
The TriumphPay payments network turned in a positive EBITDA performance in Q3, a key benchmark for the company.
While contract talks between Canadian National, Canadian Pacific Kansas City and union employees continue, a rail shutdown would reverberate through the supply chain connecting Canada and the U.S.
Dave Bozeman, one year into the job as CEO of C.H. Robinson, cites a new operating model as the company’s earnings surprise to the upside.
The brokerage industry, this time TQL, has won another court victory, shielding it from liability stemming from a carrier it hired.
Truck brokerage giant C.H. Robinson Worldwide laid off around 80 members of its remaining 150 sales representatives in the U.S. on Thursday, according to sources familiar with the cuts.
C.H. Robinson has joined the TriumphPay Network, a freight payments platform connecting brokers, shippers and carriers.
One of the leaders in adopting generative AI at C.H. Robinson used a variety of analogies to describe its capabilities.
C.H. Robinson has had its debt rating downgraded by S&P Global.
C.H. Robinson says it is using sophisticated AI tools to automate responses to emailed quote requests for thousands of customers.
RXO looked to various metrics to push a message that things are getting better at the 3PL.
With sequential numbers at C.H. Robinson showing solid improvement, the company’s heavily shorted stock soared in late trading.
C.H. Robinson is facing scrutiny from investors as it stock trades low. Can it evolve quickly enough to satisfy Wall Street?
RXO’s fourth quarter was slightly better than the third, but overall, the 3PL had its challenges last year.
There isn’t much sign of an upturn in Uber Freight’s latest earnings report.
There was little good news in C.H. Robinson’s fourth-quarter earnings.
C.H. Robinson said 10 of the top less-than-truckload carriers on its platform are now using electronic bills of lading.
New CEO must reverse long-term stagnation in shareholder value.
A decision by the U.S. Supreme Court not to review a case involving broker liability leaves that question unresolved among the circuit courts.
The new CEO of C.H. Robinson has never led a freight brokerage. His beginner’s mind might be what the beleaguered company needs.
GlobalTranz prefers the Supreme Court not review its appellate court victory in a case involving a fatal accident.
A request for the Supreme Court to review a lower-court ruling could bring clarity to conflicting decisions across multiple courts about broker liability.
Coyote Logistics won a legal battle over liability, but the victory may have repercussions beyond this particular case.
3PL C.H. Robinson had a weak third quarter, as expected, but the late trading in its stock liked what it heard.
In this month’s State of Freight webinar, FreightWaves CEO Craig Fuller reviews data that shows a stronger market than rates and rejections might suggest.
A broker that hired a carrier whose truck struck a teenager is not liable, according to an Illinois appellate court.
C.H. Robinson CEO Dave Bozeman focused on process and costs when meeting with analysts at the TD Cowen conference Thursday.
New C.H. Robinson CEO Dave Bozeman waxed philosophical on his first earnings call with analysts.
Two completely different approaches taken by two different circuit courts over broker liability could result in another trip to the Supreme Court on the issue.
Odyssey Logistics got an increase in its outlook from Moody’s, a change from earlier ratings agency actions on 3PLs.
3PL RXO has had its outlook dropped to stable by S&P, but its debt rating held steady.
Conceding digital brokerage got a “bad name” early on, Uber Freight’s Souder looks to add human element to the experience.
C.H. Robinson avoided a debt downgrade at S&P but the outlook was changed to negative, mostly on the size of its share buybacks.
Sticking to earlier forecasts, RXO’s chief strategy officer sees the 3PL’s market share growing and increased volume year on year.
In this edition: Earnings season highlights, the rise in flatbed demand and Roadcheck starts Wednesday.
C.H. Robinson had a weak first quarter, as expected, and a new CEO should be in place by the end of the quarter, according to management.
The final panel at the TIA annual meeting echoed a theme of the whole meeting: Double brokering and fraud are surging.
The potential widening of broker liability in the Miller case against C.H. Robinson is creating fears among 3PLs, but attorneys see a potential reversal.
Las corredurías o brokers de carga contrataron a demasiados empleados durante 2021 y 2022, y esa marea está cambiando ahora
The day after C.H. Robinson announced disappointing fourth-quarter earnings, the analyst community showed little optimism for the 3PL leader’s near-term future.
Bob Biesterfeld, president and CEO of C.H. Robinson Worldwide Inc., stepped down Tuesday. FreightWaves’ Mark Solomon wrote that according to a person familiar with the matter, this departure had been planned months in advance and mostly was a matter of timing.
RXO, spun off Nov. 1, released its third-quarter earnings to the SEC for its first stand-alone numbers.
Brokerage giant C.H. Robinson will focus its head-count reductions on upper- to mid-level management, sources say.
Freight brokerages see more frequent bid events as opportunities to take market share.
Forwarding income from operations was nearly cut in half and truckload prices to customers fell by double digits year over year.
Small fleets make up 90% of the nation’s carriers. Waymo Via and C.H. Robinson used beer runs to familiarize them with autonomous trucking.
Robinson’s NAST revenue rises despite LTL volume declines and modest TL growth.
La medida cautelar contra la ley estatal de contratistas independientes se mantendrá por tiempo indefinido
California’s AB5 law will remain blocked from implementation in the state’s trucking sector for now as the Supreme Court remains silent.
Robinson’s global forwarding network, years in the making, is having its moment in the sun.
El aumento de los fletes en todos los modos ayuda a los 3PL a destrozar las expectativas de beneficios
El área de ensamblaje, brillantemente iluminada, carece intencionadamente de los adornos de la fabricación pesada
In a century-old manufacturing complex where General Motors once built gears and axles, Waymo manufactures autonomous cars and trucks.
Does a shorter interview and hiring process really help? Canadian truckers and protesters block the border, and Winter Storm Landon assaults the Midwest.
This week: DHL helps rescue five lions and a tiger; Schneider receives the SanMar Mask Award; and C.H. Robinson begins taking applications for student scholarships from carriers and employees.
The importance of developing metrics that matter; Daimler Trucks cancels production of Western Star 5700 XE; UPS takes yet another increase; and a recap of earnings season.
Biesterfeld expects the capacity-constrained environment to continue.
Lawmakers hear testimony on how smaller shippers are disproportionately hurt by supply chain disruptions.
An analyst surmises that Amazon was the other part of the love triangle.
Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.
Since we compete, as a policy, we no longer cover anything (good or bad) about DAT. They only get a passing comment if they are involved in an external news item where they are not directly related.
This week: From Spotify playlists to full cab renovations, FreightWaves showcases creative ways companies celebrated National Truck Driver Appreciation Week.
The research firm of Evercore ISI launched coverage of the 3PL sector with an enormous report.
Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens up bigger M&A opportunities.
This week: Bendix employees build beds for local children, Women In Trucking pilot new mentorship program with LeadHER Alliance and C.H. Robinson employees kick off Robinson Cares campaign.
A Commerce Department advisory group recommends that the department coordinate an interagency approach to addressing the driver shortage.
The broker seeks relief in a preemption battle by casting the 9th U.S. Circuit Court of Appeals in a rogue light.
You can’t reduce carbon emissions without measuring them first. C.H. Robinson experts discuss the company’s carbon measurement technology.
The container ship now is expected to anchor in San Pedro Bay on May 1.
C.H. Robinson on Thursday debuted its Emissions IQ self-serve tool for tracking carbon emissions from transportation.
Six cases of at-sea container losses have been reported in less than three months.
Net income rebounded 49.1% year-over-year from one of the 3PL’s worst quarters.
FreightWaves identifies importers who use the Asia-West Coast service.
Dachser promotes Burkhard Eling to CEO; GlobalTranz hires Bryan Foe as SVP; the Containerization & Intermodal Institute appoints Randy Bayles to its board; and Illinois Railroad Association taps Michelle Kelm as executive director.
UBS equity research analyst Tom Wadewitz’s 2021 outlook calls for a continuation of healthy freight activity during the first half of the year with a little more uncertainty in the back half.
Former executives at Forward Air along with an activist investor have been acquiring shares since October in efforts to make changes to the management team, board and capital allocation strategy, which may include divesting “non-core assets.”
Removal of dislodged containers is expected to take more than a month, and none of the 1,816 units that fell into the Pacific have been recovered.
The state of customers’ freight remains unknown as inspection of the 14,052-TEU vessel begins.
Surviving cargo that was bound for the U.S. now is headed back to Asia.
Many companies may have been paying tariffs on imports from China they were not required to pay. C.H. Robinson is trying to help businesses identify what they may be owed ahead of a Dec. 31 deadline to apply for reimbursement.
Major companies in the transportation and logistics world have taken interest in Canada’s massive undertaking to distribute millions of COVID-19 vaccine doses.
Would a requirement to automatically disclose information to carriers run afoul of confidentiality clauses?
Managing for yield, Robinson shuns truckload volume growth to take a double-digit price increase.
The trans-Atlantic may not be the dominant container market, but it remains dependable for hungry ocean consolidators and forwarders.
In today’s edition of The Daily Dash, trucking ponders its next move following President Trump’s payroll tax deferment order; Nikola receives a huge order; and a truck driver is sentenced for a crash that killed five.
NAST margins narrowed, but volumes held up relatively well.
MoLo Solutions learned about St. Christopher’s trucker charity when competitor C.H. Robinson donated $50,000. MoLo’s pledge per load in May and personal contributions added up to more than $62,000 to help sick and injured long-haul drivers.
In letter to employees, CEO Biesterfeld speaks of a “heavy heart,” says company will introduce inclusivity training, Employee Resource Groups
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
Digital freight matching has pushed the industry to adapt.
Fewer brokers and more engineers make operating costs less flexible, and we question the “take market share” mantra.
CEO pay wlll be down 50%, other execs down 20% from May through July.
Growing awareness of a 12-year-old relief fund for semi-truck drivers is attracting more and bigger donations as the coronavirus pandemic highlights health risks to truckers hauling critical freight.
While transportation industry participants have an abundance of questions loaded for management teams this earnings season, answers on the future will be tough to provide.
C.H. Robinson has made a $50,000 donation to the St. Christopher Truckers Relief Fund as that organization anticipates a growing need for financial assistance for drivers that contract coronavirus. Plus, Cummins finds a use for filtration materials, Amazon postpones Prime Day, and car makers extend plant shutdowns.
After a surge in freight over the past few weeks, UBS transportation analyst Tom Wadewitz is predicting a rough two months.
Roadrunner seeks voluntary delisting from the NYSE as it continues its reorganization and focuses on asset-light offerings.
Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.
