C.H. Robinson

Stolen load of cellphones involving RXO may be another key broker liability case

A case involving giant 3PL RXO has the potential to add another decision to the body of law regarding broker liability.

RXO (NYSE: RXO) brokered a shipment of cellphones for phone reseller PCS Wireless. The shipment was booked a few months before RXO was spun off as a standalone 3PL by XPO, and RXO is identified in the initial lawsuit as “f/k/a” – formerly known as – XPO (NYSE: XPO).

The shipment totaled about 54,000 phones with a value of approximately $11.5 million. They were to move from Texas...

https://www.freightwaves.com/news/stolen-load-of-cellphones-involving-rxo-may-be-another-key-broker-liability-case

In a weak quarter for brokerages, RXO’s stock price takes a pounding after earnings

(A quick summary of some key points of RXO’s earnings can be found here.)

With four publicly-traded freight brokerages now having reported earnings for the fourth quarter, the overall picture was not pretty.

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https://www.freightwaves.com/news/in-a-weak-quarter-for-brokerages-rxos-stock-price-takes-a-pounding-after-earnings

C.H. Robinson’s Q4 performance soars year on year but slows sequentially

For the first look at the C.H. Robinson earnings, please go to this article.

The focus on C.H. Robinson’s financial performance over much of 2024 was not so much the usual comparison of year-on-year results, but how the giant brokerage was doing sequentially as it implemented sweeping change under CEO Dave Bozeman, on the job since mid-2023.

The fourth-quarter earnings report for C.H. Robinson (NASDAQ: CHRW) released late Wednesday showed what was expected: vast improvement year on year by...

https://www.freightwaves.com/news/c-h-robinsons-q4-performance-soars-year-on-year-but-slows-sequentially

C.H. Robinson fourth-quarter earnings: first look

With comparisons on a year-to-year basis for C.H. Robinson having been strong for several quarters, investors had turned to sequential comparisons to see how the overhaul of the giant 3PL was progressing under CEO David Bozeman, who has been in his role since June 2023. 

The latest quarterly earnings of C.H. Robinson released Wednesday showed some slowdown using the comparison to the third quarter as a guide. But there were also gains. Profitability comparisons to a year earlier were extremely...

https://www.freightwaves.com/news/c-h-robinson-fourth-quarter-earnings-first-look

Una desconexión: el EBITDA de Triumph Payments es máximo histórico, pero las acciones de Triumph Financial se desploman ante las ganancias

una-desconexion:-el-ebitda-de-triumph-payments-es-maximo-historico,-pero-las-acciones-de-triumph-financial-se-desploman-ante-las-ganancias

Varias métricas publicadas en las ganancias trimestrales del banco Triumph Financial, centrado en el transporte por carretera, mostraron una empresa que tuvo un cuarto trimestre sólido según algunas mediciones operativas, pero Wall Street no estuvo de acuerdo. Acciones bancarias en el último año, medidas por el Índice de bancos S&P Dow Joneshan aumentado alrededor del […]

Esta entrada Una desconexión: el EBITDA de Triumph Payments es máximo histórico, pero las acciones de Triumph Financial se...

https://fullavantenews.com/una-desconexion-el-ebitda-de-triumph-payments-es-maximo-historico-pero-las-acciones-de-triumph-financial-se-desploman-ante-las-ganancias/?lang=es

A disconnect: EBITDA at Triumph Payments is all-time high, but Triumph Financial’s stock plummets on earnings

Various metrics released in the quarterly earnings of trucking-focused bank Triumph Financial showed a company that had a strong fourth quarter by some operational measurements, but Wall Street didn’t agree.

Banking stocks in the last year, as measured by the S&P Dow Jones Banks Index, have risen about 45% in the last year. In the last year, however, Triumph Financial is up less than 2%.

That weak trend continued Thursday in the wake of the earnings report released late Wednesday, with the stock...

https://www.freightwaves.com/news/a-disconnect-ebitda-at-triumph-payments-is-all-time-high-but-triumph-financials-stock-plummets-on-earnings

Former C.H. Robinson exec joins Armada Sunset to lead strategic growth

Supply chain solutions provider Armada Sunset Holdings (ASH) announced Tuesday the appointment of Chris O’Brien as president, a new role at the company. ASH, which has rapidly expanded operations in recent years, is looking to build on its past acquisitions and further enhance its service offerings to meet clients’ evolving needs.

In an interview with FreightWaves, O’Brien explained that he was drawn to the new role due to the strong “customer-first” cultural alignment and fit with the...

https://www.freightwaves.com/news/former-c-h-robinson-exec-joins-armada-sunset-to-lead-strategic-growth

C.H. Robinson – and 3PL industry – win another broker liability case in 7th Circuit

The 3PL industry’s latest win in the legal battle over broker liability comes in a federal appellate court where a pro-broker precedent already exists.

Meanwhile, the latest attempt to have the U.S. Supreme Court rule on the issue may have been taken up by the court in a conference held Friday.

In the most recent case, the U.S. Court of Appeals for the 7th Circuit, in a decision handed down Jan. 3, held that C.H. Robinson (NASDAQ: CHRW) did not have an “agency” relationship with carrier Caribe...

https://www.freightwaves.com/news/c-h-robinson-and-3pl-industry-win-another-broker-liability-case-in-7th-circuit

Why Susquehanna is getting bullish on trucking

The truckload market enters 2025 showing signs of stabilization after nearly three years of freight recession. While earnings remain depressed across the sector, Susquehanna analyst Bascome Majors sees reasons for optimism that the industry is poised for recovery over the next two years. In a Friday client note, Majors writes that “tangible signs of progress are still incremental – a holiday peak with seasonal lifts in tender rejection rates and slightly super-seasonal dry van spot rates,...

https://www.freightwaves.com/news/why-susquehanna-is-getting-bullish-on-trucking

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