CH Robinson

Trump’s tariffs could spark price hikes, supply chain disruptions, experts say

President-elect Donald Trump’s plan to hit imports from China, Canada and Mexico with tariffs could deal a blow to companies across North America and trigger negative consequences for the global supply chain, according to experts.

Trump said that on his first day back in office on Jan. 20, he will impose 25% tariffs on goods from Mexico and Canada. The tariffs are aimed at pressuring those countries to stop drugs and illegal migrants from crossing into the U.S., Trump posted on Truth Social on...

https://www.freightwaves.com/news/trumps-tariffs-could-spark-price-hikes-supply-chain-disruptions-experts-say

Consultant bullish on Trump’s impact on retail, e-commerce, FreightTech M&A

With the new Trump administration come expectations of regulatory changes, including potential shifts at the Federal Trade Commission, that could unlock M&A activity. These shifts could mean promising activity in retail and e-commerce, as well as greater investment in supply chains.

Lower interest rates may also drive fresh investment in housing and retail, benefiting brands like The Home Depot and Lowe’s, while new entrants such as Temu, leveraging social commerce models, intensify competition...

https://www.freightwaves.com/news/consultant-bullish-on-trumps-impact-on-retail-e-commerce-freighttech-ma

Borderlands Mexico: Nearshoring boom brings more production closer to US

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nearshoring boom bringing more production closer to US; Mexican and US officials sign agreement to expand international bridge; Old Dominion Freight Line receives approval for new terminal near Phoenix; and construction begins for 785,000-square-foot logistics park in Houston.

Nearshoring boom bringing more production closer to US

Mexico registered a record $36 billion...

https://www.freightwaves.com/news/borderlands-mexico-nearshoring-boom-brings-more-production-closer-to-us

Activist group wants former UPS exec Barber to run Norfolk Southern

Less than a month after taking a billion-dollar stake in railroad Norfolk Southern Corp. (NYSE: NSC) and vowing to oust CEO Alan Shaw, activist group Ancora Holdings Group on Tuesday proposed a new slate of directors at Norfolk Southern, as well as a new CEO, former UPS Inc. executive Jim Barber.

Ancora has also proposed that Jamie Boychuk, a former executive at CSX Corp. be appointed as COO, replacing Paul Duncan.

The proposed eight-member board slate includes former Ohio Gov. John Kasich;...

https://www.freightwaves.com/news/activist-group-wants-former-ups-exec-barber-to-run-norfolk-southern

Robinson unwraps truckload appointment scheduling software

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Freight broker and logistics provider C.H. Robinson Worldwide Inc. on Wednesday took the public...

https://www.freightwaves.com/news/robinson-unwraps-truckload-appointment-scheduling-software

Borderlands: Nearshoring forecast to boost US-Mexico trade in 2024

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nearshoring forecast to boost US-Mexico trade in 2024; Texas receives $70M grant for hydrogen fuel stations; automotive manufacturer announces $400M factory in Mexico; and Texas logistics park receives $1.5M grant to expand services.

Nearshoring forecast to boost US-Mexico trade in 2024

Cross-border operators expect 2024 to be a busy year, with more tractor-trailers...

https://www.freightwaves.com/news/borderlands-nearshoring-forecast-to-boost-us-mexico-trade-in-2024

C.H. Robinson creates office to implement strategic initiatives

Brokerage and logistics giant C.H. Robinson Worldwide Inc. said Thursday it has created an office designed to support the company’s strategic initiatives and has tapped a lean processes methodology expert to run it.

The Program Management Office, which came into being Wednesday, is headed by Jim Reutlinger, who headed his own consultancy after many years at Danaher Corp., a global conglomerate that designs and manufactures medical, industrial, and commercial products and services. Reutlinger had...

https://www.freightwaves.com/news/c-h-robinson-creates-office-to-implement-strategic-initiatives

C.H. Robinson CFO to leave company

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Freight broker and third-party logistics provider C.H. Robinson Worldwide Inc. said late Thursday...

https://www.freightwaves.com/news/c-h-robinson-cfo-to-leave-company

C.H. Robinson chief sees no truckload pivot until second half of 2024

The president and CEO of brokerage and third-party logistics provider C.H. Robinson Worldwide Inc. said he doesn’t see any meaningful pivot in the fortunes of the North American trucking market before the second half of 2024, noting that customer caution about ordering and still-bloated wholesaler inventory levels will mute activity through the first six months of the year.

In an interview with FreightWaves this week, David Bozeman said that in his first six months at the helm of Robinson (NASDAQ...

https://www.freightwaves.com/news/c-h-robinson-chief-sees-no-truckload-pivot-until-second-half-of-2024

C.H. Robinson’s new CEO doubling down on lean management, large language models

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When C.H. Robinson (NASDAQ: CHRW) announced its next CEO was Ford executive Dave Bozeman, insiders...

https://www.freightwaves.com/news/ch-robinson-ceo-bozeman-interview-chrw

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