C.H. Robinson

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.

The city is at the center of the U.S. coronavirus epidemic, with 70 cases confirmed and 10 deaths.

C.H. Robinson is pushing back against a complaint, seeking class-action status, filed by more than a dozen growers that alleges the third-party logistics giant engaged in “deceptive business practices.”

Companies exposed to transportation, including 3PLs and freight tech startups, are adjusting to market realities.

Charley Dehoney writes about digital brokerages and what they really are and do…

Keeping track of all the outstanding content published on Freighwaves.com each week can prove daunting, and we do not want you to miss a beat. Every FreightWaves article is designed to assist our readers in becoming the most informed professionals in the transportation and logistics industry.  To make this task easier, we present an exclusive […]

On Friday’s What The Truck?!? we talk coronavirus, ELDs, freight forecasting and more

New technology, capital, and business models have changed the competitive landscape.

Robinson aggressively cut prices to hold truckload volumes steady and grow LTL volumes.

Roadrunner Transportation will be able to take a significant step in improving its balance sheet following its agreement to sell its Prime Distribution Services business to C.H. Robinson Worldwide (NASDAQ: CHRW). The sale of Prime Distribution, which is part of Roadrunner’s Ascent division, will be for $225 million in cash. At the end of the […]

CVSA sets dates for Roadcheck and announces focus on driver requirements. Also, FedEx goes old school to build its future, Canada tackles USMCA approval and Democratic presidential candidates lay out their transportation plans.

C.H. Robinson President and CEO Bob Biesterfeld told FreightWaves that Robinson Labs will develop solutions, both technological and otherwise, for its customers, carriers and Robinson employees.

Hey hey hey, welcome to the workin’ weekend! We never hesitate to jump right in and hit you with the headlines: TA Logistics claims Celadon was insolvent in late November 2019, and for fear that future access to the shared IT system would again be blocked, and the failure to remit millions of dollars in […]

On today’s episode, Dooner and Chad will talk to C.H. Robinson President and CEO Bob Biesterfeld about the company’s new idea incubator, Robinson Labs. We’ll find out why one trucker thinks Amazon is working him like a “rented mule.” A new reason for Celadon’s bankruptcy is exposed. Walmart tells courts they’re being too literal.

C.H. Robinson is leveraging part of its $1 billion investment in tech to establish Robinson Labs, a technology innovation incubator.

With companies like Convoy achieving a $1 billion valuation in roughly four years, or publicly-traded companies like Uber and Amazon encroaching on the brokerage space, it is getting harder for the smaller, “relationship-based” brokers to compete. Whether it’s managed transportation, trailer pooling, warehousing or last-mile, brokers should be looking for ways to increase their value, […]

C.H. Robinson‘s commitment to innovation and technology secure it a spot in the top ten of the 2020 FreightTech 25 list.

Ben Thrower writes that venture capital funds continue to flow to digital freight brokerages, but legacy companies continue to fight back.

Moving to a fixed quarterly RFP program with brokers has added consistency, accuracy and reliability to Bumble Bee’s relationship with intermediaries

Freightquote by C.H. Robinson brings Robinson’s information advantage, capacity, and technology to small businesses.

Analysts now want CHRW to cut costs.

U.S. freight forwarders have increasingly embraced canines as part of their technology-driven air cargo security programs.

Biesterfeld: “We expect that North American routing guides will continue to reset at lower prices.”

Now Goldman thinks that ISM data won’t turn positive until Q2 2020.

The Backhaulers, Robinson, and Coyote veteran is back to build a brokerage on his own terms.

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.

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.

The Chicago-based freight brokerage is operating at a $100 million run rate.

Insurgent digital brokerage apps are increasing their share of downloads while load boards are largely stagnant.

Human Rights Campaign survey shows most, least LGBTQ-friendly companies

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.

The former CFO of Forward Air, CEO of Panther Expedited, and CFO of C.H. Robinson hits the open market.

The latest economic projections from the Organization of Economic Co-operation and Development predict a global slow down in trade. Acquiring a new business in this climate is a challenge that CH Robinson has accepted.

The credit metrics for XPO have weakened but are still good enough for a BB rating.

Trucking-as-a-service is poised to break out into 5x growth over the next five years, says Frost & Sullivan.

CHRW fills out geographical white space and adds density to its Transatlantic forwarding business after turning the corner on the Milgram & Co. integration.

Freight Alley in Chattanooga was the scene on the afternoon of February 21, when executives from FreightWaves, Nodal Exchange, DAT and K-Ratio presented the Trucking Freight Futures roadshow. Trucking Freight Futures debut on the Nodal Exchange on March 29.

Robinson sees low to mid single-digit contract gains, soft spot pricing, Biesterfeld says.

Bob Biesterfeld will succeed John Wiehoff as CEO of C.H. Robinson, one of the world’s largest third-party logistics companies.

There are a lot of companies out there and it’s a number that is likely to shrink, according to the panel. Also on the agenda: blockchain and making yourself stand out in a crowded field.