C.H. Robinson talked to thousands of shippers and carriers. What the company learned prompted them to invest $1 billion into technology.
Traditional freight brokerages are ramping up technological spending to keep pace with the industry.
Meier will work with Bobby Harris on developing and executing a long-term vision for BlueGrace.
CHRW is facing the toughest competitive landscape in decades, but still has a scale advantage and is investing in tech appropriately.
C.H. Robinson’s Bob Biesterfeld and Uber Freight’s Lior Ron will headline the Townhall Series at the upcoming CSCMP EDGE 2019 conference. The pair will discuss the changing nature of freight and address how technology is making that happen.
A round at this valuation puts Convoy one step closer to an IPO.
C.H. Robinson has executed thousands of shipments into Florida since Thursday.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
Truckload volumes on a national basis have been trending 3% above 2018 levels for a week.
CHRW grew net income by 6.3% but increasing earnings per share by 8% with buybacks.
Alibaba re-arranges the US B2B e-commerce landscape by opening its platform to US sellers
Jordan Alliger rated UPS, FedEx, and J.B. Hunt ‘Buy’; XPO and C.H. Robinson ‘Neutral’; and Expeditors ‘Sell.’
Executives from C.H. Robinson discussed increasingly strict retail compliance programs and how to exceed expectations.
This morning (July 8) Morgan Stanley’s transports equities analysts cut their 12-month price targets for most of the companies they cover, but said that following the release of second quarter earnings it may be time to invest in the cyclical stocks again. The analyst team, led by Ravi Shanker, expects second quarter results for transportation […]
Capitol Hill hearing took on lease-purchase agreements, truck size and weights
Commentary As digital freight brokerage apps learn to concentrate on driving user engagement and building dynamic marketplaces that adapt to user behavior, they will start to resemble social media networks like Facebook, Twitter, Snapchat and Tinder. Apps like Uber Freight, Convoy, Transfix, J.B. Hunt 360, C.H. Robinson’s Navisphere and EchoShip/Drive were designed to cover loads […]
C.H. Robinson (Nasdaq: CHRW) added to its European business with the acquisition of an Italian truck brokerage. The Eden Prairie, Minnesota-based company announced it bought Dema Service S.p.A. Dema Service is a privately owned logistics company providing road transportation services across Europe. Headquartered in Pescara, Italy, Dema Service has approximately 100 employees and three offices […]
The shadow of obsolescence seems to be hanging over freight brokerages, given the rise of digital load matching apps and other technologies. But industry veteran Andrew Clarke says he is optimistic about the future of freight brokers due to increasing complexity of supply chains. Speaking at Transparency19 in Atlanta, Clarke said the success of his […]
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.
