CH Robinson
C.H. Robinson surpasses profitability expectations
C.H. Robinson released financial results for the second quarter Wednesday, and North America’s largest pure play 3PL blew past Wall Street’s expectations for profitability.
The company reported diluted earnings per share of $2.67 compared to consensus estimates of $1.99, good for an 85.4% increase on a year-over-year (y/y) basis.
C.H. Robinson’s total revenue came in at $6.8 billion, in line with market expectations and an increase of 22.9% compared to the year-ago period. The company’s adjusted...
https://www.freightwaves.com/news/ch-robinson-surpasses-profitability-expectations
C.H. Robinson posts record Q1 profits amid global volatility
C.H. Robinson released its financial results for the first quarter of 2022 after the market closed on Wednesday. North America’s largest publicly traded 3PL smoked Wall Street’s profitability expectations. Robinson posted diluted earnings per share of $2.05 compared to the Street’s consensus estimate of $1.53, good for year-over-year earnings growth of 60.2%. The company’s Q1 net income totaled $270.3 million, an increase of 56% from year-ago levels.
Total revenue increased by 41.9% versus the...
https://www.freightwaves.com/news/ch-robinson-posts-record-q1-profits-amid-global-volatility
C.H. Robinson obtiene beneficios récord en el primer trimestre en medio de la volatilidad mundial
C.H. Robinson dio a conocer sus resultados financieros para el primer trimestre de 2022 después del cierre del mercado el miércoles. El mayor 3PL de Norteamérica que cotiza en bolsa fumó las expectativas de rentabilidad de Wall Street. Robinson registró un beneficio diluido por acción de 2,05 dólares, frente a la estimación de consenso de la calle de 1,53 dólares, lo que supone un crecimiento interanual de los beneficios del 60,2%. Los ingresos netos de la empresa en el primer trimestre...
Analysis: CH Robinson – done with creative cash creation. Now what?
One of the most talked about, listed and shining transport and logistics (T&L) firms in supply chain, CH Robinson (CHRW), has been on a roll lately.
Two events – announced two weeks apart in late November and early December – are representative of the Eden Prairie-based company’s financial situation.
One can be split into two capital allocation tiers (dividend and buybacks) yet each is, at least partly (you can choose whichever toy …
The post Analysis: CH Robinson – done with creative cash...
https://theloadstar.com/analysis-ch-robinson-done-with-creative-cash-creation-now-what/
Dalian the latest China port to be hit by Covid restrictions as delays persist
Dalian is the latest port city in China to detect the Omicron variant, as forwarders warn of more shipping delays in the countdown to Chinese New Year.
So far, there has been no impact on Dalian’s port operations, but the outbreak is reportedly growing at nearby Tianjin, under lockdown and where car manufacturer Toyota has temporarily suspended production.
According to Westbound Global Logistics, Tianjin’s port is open, but “restrictions on truck drivers …
The post Dalian the latest China port...
‘Halloween costumes are still coming through the ports’
When you look at the millions of containers processed through our nation’s ports, many Americans do not realize that a single container can have hundreds of different products within each box. With the pressure to fulfill the holiday deadlines of their customers, logistics companies like C.H. Robinson are deploying employees to open these containers and sort out time-sensitive items in an effort to get them on store shelves on time.
“One of the unique things we’re doing is using our warehouse...
https://www.freightwaves.com/news/halloween-costumes-are-still-coming-through-the-ports
Market Insight: Claw sharpening – Mærsk & Asia M&A, K+N CEO and more
There has been lots on Premium‘s (logistics) plate since last Friday.
From strongly rumoured interest by AP Møller-Mærsk (APMM) in Asian deal-making to Kuehne + Nagel initiating managerial changes, via Worldwide Flight Services affairs and the latest radio silence concerning CH Robinson + BDP International… as well as, take a breath… a slew of other side (Toll Group) chats that were unmissable for all supply chain Bengal baby tiggers like us.
Also …
The post Market Insight: Claw sharpening –...
https://theloadstar.com/market-insight-claw-sharpening-maersk-asia-ma-kn-ceo-and-more/
C.H. Robinson smashes estimates, takes advantage of constrained environment
C.H. Robinson posted third-quarter adjusted earnings per share of $1.85, easily beating the Street’s consensus estimate of $1.42 a share, up 85% year-over-year (y/y). Gross revenue for the third quarter totaled $6.3 billion, up 48.3% y/y driven by higher pricing and volume across most of Robinson’s services.
Robinson (NASDAQ: CHRW), the leading North American nonasset third-party logistics provider, reported its financial and operating results for the third quarter of 2021 on Tuesday after...
SPS Commerce, C.H. Robinson collaborate to boost LTL capacity for retailers
Retailers may get a bit of a reprieve from the tight trucking capacity this holiday season thanks to a new partnership between SPS Commerce and C.H. Robinson. At a minimum, the collaboration could open up additional capacity on LTL networks for retailers desperate to move goods to fulfill omnichannel sales.
“For this holiday season and into 2022, transportation marketplaces are going to be constrained, which is why we are leveraging our information advantage and investing in technology that can...