Transparency2019 Preview: Andrew Clarke
The CFO of C.H Robinson talks about the importance of relationships, tech and data.
The CFO of C.H Robinson talks about the importance of relationships, tech and data.
Keynotes will include Gary Vaynerchuk, David Rowan, Andrew Clarke, Shelley Simpson, and Brad Jacobs.
The goal of sanctions is to drive up the costs so that it’s no longer tenable to undertake illegal transfers. J.B. Hunt announces partnership with p44. Lithium boom raises questions. Industry incumbent C.H. Robinson doing big time tech.
Coming in at No. 9 on the Freight.Tech 25 list is C.H. Robinson (NASDAQ: CHRW), one of the tried-and-true providers in the freight space. Robinson’s Navisphere technology platform is part of the company’s commitment to providing solutions to its customers and carrier partners.
McKinsey, Goldman Sachs, Stifel Nicolaus, and Susquehanna are all in agreement that technology and data are critical for driving productivity in transportation and logistics companies. We survey recent research by the firms.
Wiehoff says demand should stay firm while supply comes on-stream. Firm posts strong Q3 results.
CH Robinson’s CEO sees a more balanced supply-demand scale next year.
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.
A panel of experts from all sides of the market confronts the driver squeeze, and says productivity improvements could be like adding new drivers.
A tanker barge operator, a Jones Act steamship line, and North America’s largest 3PL all posted big gains on the day, leading Dow Transports to a record intraday high against a softening broader equities market.
Goldman Sachs issued a report last week highlighting the risks to incumbent brokerages’ margins and market shares, with useful information about the brokerage landscape and recent developments in VC funding that have powered new entrants.
In their fifth round of funding, Brazil-based freight broker CargoX has raised an additional $60 million.
A staid and technology-averse industry is in the process of changing thanks to new entrants.
While technology startups have jumped into trucking with the latest and greatest solutions, the old guard, if you will, has not been sitting idly by. This week at the Great American Trucking Show in Dallas, C.H. Robinson is showing drivers its Navisphere apps and how they can help drivers and small fleets find freight success.
A very strong quarter for the 3PL, though a mixed message on the impact of ELD enforcement.
Without self-driving trucks, what is the point of Uber Freight?
Uber Freight is poised to rise quickly in the fragmented freight brokerage business, but there are some factors that could hinder its growth: limited market penetration of digital apps, the Uber Freight app’s weak intelligence into routes and hours of service, and incumbents’ tech investments.
Stifel resumed coverage of major 3PLs on Monday with a flurry of analyst notes: we report J. Bruce Chan’s key findings on XPO Logistics, CH Robinson, and Echo Global.
The incumbents are still way ahead. While C.H. Robinson’s scale and reach remain unmatched, a number of competitors have realized strong growth and have achieved significant scale over the past ten years.
Used truck prices are up sharply; C.H. Robinson isn’t worried about tech startups; CSX cuts costs and grows bottom line by 50%; Hapag-Lloyd bullish despite losses; CA makes pot shippers report to the Feds; the American economy isn’t overheating… yet.