CH Robinson

Mastery Logistics hires Hartford, prominent analyst, as CFO

Logistics software provider Mastery Logistics said Monday that it has hired Benjamin J. Hartford, a longtime securities analyst, as its first-ever chief financial officer, thus rounding out the leadership ranks at the 21-month-old company.

Hartford, who spent 15 years at Milwaukee-based investment firm Baird covering transportation and logistics, will also help develop and execute Mastery’s strategic initiatives, a common role for CFOs at a startup firm. Hartford started at Mastery on Monday.

The...

https://www.freightwaves.com/news/mastery-logistics-hires-hartford-prominent-analyst-as-cfo

2020 radar: What we went through – and what’s next

With all the noise surrounding a structural lack of capacity in ocean and air freight; asset-heavy versus asset-light logistics in the vertical consolidation race; the resurgence of integrated logistics in the time of Covid-19 – well, all the major themes we have been banging on about for some time weren’t a total waste of time in previous years, and even less so in 2020.
👏: a round of self-applause for the …

The post 2020 radar: What we went through – and what’s next appeared first on The...

https://theloadstar.com/2020-radar-what-we-went-through-and-whats-next/

Market insight: Cashing in on logistics woes – a win-win for the C-suite

In private conversations about job market pay in logistics, and what to expect for 2021, a pattern of substantial income inequality has emerged, recently substantiated by ad-hoc announcements, often under the radar and not widely advertised by some of the major supply chain actors.
And while workforce rationalisation is still quietly happening in places – don’t mention DSV Panalpina (DSV PAN) anymore, “we are likely done for some time, say to …

The post Market insight: Cashing in on logistics...

https://theloadstar.com/market-insight-cashing-in-on-logistics-woes-a-win-win-for-the-c-suite/

Analysis: CH Robinson & Expeditors – where the lack of growth really bites

‘If you didn’t notice, it didn’t happen’ my beloved grandma used to repeat in her late days – particularly when grandpa, as you might imagine a key stakeholder in their wonderful old-school marriage, wasn’t around.
Similarities 
But the very fact that, in recent weeks two major, rather different (by T&L product) US-based 3PLs similarly (and quietly) didn’t make any interim dividend increases – one of those events never widely advertised with joy …

The post Analysis: CH Robinson & Expeditors –...

https://theloadstar.com/analysis-ch-robinson-expeditors-where-the-lack-of-growth-really-bites/

NASDAQ-listed companies, including truckers, face new rules on diversifying their boards

The NASDAQ stock exchange, home to numerous publicly traded trucking and logistics firms, is seeking government approval of a rule that would require more diversity on the corporate boards that govern companies traded on it.

The proposal made to the Securities and Exchange Commission (SEC) would require the companies trading on NASDAQ to have “at least two” directors described as diverse. One would need to be a female. The second would need to be part of what NASDAQ calls an “underrepresented...

https://www.freightwaves.com/news/nasdaq-listed-companies-including-truckers-face-new-rules-on-diversifying-their-boards

M&A radar: Catching DSV + CH Robinson – but me no buts!

“Hello my friend. How are you?”
With a bit of noise already in the background, it all started officially here a fortnight ago when a senior freight forwarder sorely challenged the seemingly unchallengeable M&A outlook in logistics.
Which, once more, doesn’t look too rosy for anybody targeting transformational deals, say $5bn-plus in enterprise value (EV), given a real paucity of viable candidates.
But dirty top dollar, naturally, can do wonders in M&A.
No longer …

The post M&A radar: Catching...

https://theloadstar.com/ma-radar-catching-dsv-ch-robinson-but-me-no-buts/

C.H. Robinson: Time is running out to recoup paid tariffs

C.H. Robinson (NASDAQ: CHRW) believes many American businesses could lose out on rightfully owed money if they don’t act soon. The logistics giant has run data analysis on Section 301 China trade tariffs, which are eligible for exclusions, and found that American companies have not acted in securing approvals for exclusions written into the tariffs by the Trump administration.

Mike Short, C.H. Robinson president of global forwarding, told FreightWaves that the current tariff exclusions expire on...

https://s29755.pcdn.co/news/ch-robinson-time-is-running-out-to-recoup-paid-tariffs

Analysis: CH Robinson in dire straits. Will the rope break?

If there is a tiny little scary consideration to be made on CH Robinson following its third-quarter (Q3 ’20) update released on Tuesday it’s that the 3PL, which is well known for financial discipline, didn’t manage to buck the trend of declining net revenues by accordingly and effectively adjusting its cost base in order to protect profits.
In a nutshell, whatever metrics should have grown in its portfolio didn’t, while all …

The post Analysis: CH Robinson in dire straits. Will the rope break?...

https://theloadstar.com/analysis-ch-robinson-in-dire-straits-will-the-rope-break/

Supply chain radar: A nail-biting Halloween run-up for UPS, CH Robinson & DSV…

Here we go again: after a memorable run over the past several weeks and months, UPS, CH Robinson and DSV Panalpina announce their interim results over today (and tomorrow; the Americans) and Thursday (the Danes).
There are things we all eagerly await to hear from each management team, chiefly concerning capital deployment strategies alongside, of course, quarterly performances.
Recap
DSV Panalpina (DSV PAN) has already (sort of) promised a meaningful buyback announcement on …

The post Supply...

https://theloadstar.com/supply-chain-radar-a-nail-biting-halloween-run-up-for-ups-ch-robinson-dsv/

Commentary: Building a return management strategy for this holiday season

The views expressed here are solely those of the author and do not necessarily reflect those of FreightWaves or its affiliates.

The holidays can be “the most wonderful time of the year.” Because so many holidays focus on gift exchanges, this time of year is a huge boon to retailers. But, any business owner knows that for all the joys of the season, holidays can also bring plenty of stress.

With the holidays quickly approaching, many business owners and large retailers are preparing for the surge...

https://www.freightwaves.com/news/commentary-building-a-return-management-strategy-for-this-holiday-season

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