C.H. Robinson’s new CEO doubling down on lean management, large language models
The new CEO of C.H. Robinson has never led a freight brokerage. His beginner’s mind might be what the beleaguered company needs.
The new CEO of C.H. Robinson has never led a freight brokerage. His beginner’s mind might be what the beleaguered company needs.
Forwarding income from operations was nearly cut in half and truckload prices to customers fell by double digits year over year.
A longtime trucking executive says the Supreme Court’s decision not to review a C.H. Robinson case could transform trucking.
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Robinson’s NAST revenue rises despite LTL volume declines and modest TL growth.
El beneficio por acción del 3PL aumentó un 85,4% interanual hasta los 2,67 dólares
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 crecimiento de las ganancias provino de Global Forwarding
Despite strong revenue growth, freight broker productivity fell sharply.
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CHRW is facing the toughest competitive landscape in decades, but still has a scale advantage and is investing in tech appropriately.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Executives from C.H. Robinson discussed increasingly strict retail compliance programs and how to exceed expectations.
C.H. Robinson officials said their business model and technology has allowed the company to adapt through multiple cycles.
Widening margins in NAST, especially truckload brokerage, led the way for Robinson.
Despite a crash in truckload spot prices (approximately 50% of ECHO revenue), the freight brokerage beat analyst expectations.
The technology company will focus on appointment-making, track-and-trace, and eliminating paperwork.
Insurgent digital brokerage apps are increasing their share of downloads while load boards are largely stagnant.
Scott Hagen, the Corporate Controller, will be the interim CFO, and Robinson Fresh will be lumped in with ‘Other’ services in CHRW’s financial reporting.
CHRW fills out geographical white space and adds density to its Transatlantic forwarding business after turning the corner on the Milgram & Co. integration.
It won’t make it here.
CHRW grew earnings per share by 24%, top line revenue by 4.5%; and net revenues by 13%.
Massive scale, cyclical and structural advantages, and best-in-class technology make C.H. Robinson a ‘buy’ despite a transports selloff, say analysts at Stifel and Goldman Sachs.
After strong fourth-quarter earnings results, weather and other external forces are expected to weigh on earnings reports in the first quarter, resulting in a mixed bag for public companies.