The 3PL sector is healthy but suffering under the weight of stable contract rates and rising spot rates, and C.H. Robinson is feeling that impact.
That’s one of the main conclusions from the Wall Street research firm of Evercore ISI, which launched coverage of the sector in a report this week that stretches toward 140 pages.
While the headline of the report focuses on its initial recommendations on the stocks of C.H. Robinson (NASDAQ: CHRW) and Landstar (NASDAQ: LSTR) — both get an “in-line”...