C.H. Robinson announces a strategic move to continue to drive focus on its core business, selling its European Surface Transportation business to sennder Technologies GmbH. “Europe remains an important strategic market for us, and we are committed to our global forwarding and managed services presence there,” said C.H. Robinson President and CEO David Bozeman. “This clarity of investment in the region is important for the long-term success of our business and employees as well as the value and impact we can offer our customers and carriers.” Learn more: http://ms.spr.ly/6044ljDhQ
C.H. Robinson
Transportation, Logistics, Supply Chain and Storage
Eden Prairie, Minnesota 310,551 followers
Accelerate Your Advantage
About us
C.H. Robinson solves logistics problems for companies across the globe and across industries, from the simple to the most complex. With $22 billion in freight under management and 19 million shipments annually, we are one of the world’s largest logistics platforms. Our global suite of services accelerates trade to seamlessly deliver the products and goods that drive the world’s economy. With the combination of our multimodal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our more than 90,000 customers and 450,000 contract carriers on our platform. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses. As a responsible global citizen, we are also proud to contribute millions of dollars to support causes that matter to our company, our Foundation, and our employees. For more information, visit us at www.chrobinson.com (Nasdaq: CHRW).
- Website
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http://www.chrobinson.com
External link for C.H. Robinson
- Industry
- Transportation, Logistics, Supply Chain and Storage
- Company size
- 10,001 employees
- Headquarters
- Eden Prairie, Minnesota
- Type
- Public Company
- Founded
- 1905
- Specialties
- Produce Sourcing, Supply Chain, Transportation, Technology, and World’s Largest Logistics Platform
Locations
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Primary
14701 Charlson Road
Eden Prairie, Minnesota 55347, US
Employees at C.H. Robinson
Updates
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Mark Your Calendar: President and Chief Executive Officer Dave Bozeman will discuss C.H. Robinson's Q2 2024 earnings results this Wednesday at 4 p.m. CDT. Learn more here ➡️ http://ms.spr.ly/6049lbPK9
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Digital Dispatch can analyze nearly 1.2 million searches daily for patterns, such as preferred routes, equipment types, load origins, and destinations, to provide personalized recommendations to carriers. Learn more about how Robinson's new load-matching program is making deliveries more efficient, in Transport Topics ➡️ http://ms.spr.ly/6045lXUD5
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Noah Hoffman talks with Retail Today about the potential for dynamic forecasting to improve supply chain management. Hear how retailers are leveraging predictive analytics and artificial intelligence for better forecasts and more efficient inventory management ➡️ http://ms.spr.ly/6042lp0L8
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Companies around the globe are dealing with the impacts of a third-party IT interruption. C.H. Robinson is actively assessing and managing impacts to shipments that may be affected. Customers, please work with your C.H. Robinson team for any questions and for help navigating any impacts to your supply chain.
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Don’t miss out on the latest insights and comprehensive strategies to strengthen your trade compliance program. Gain a deep understanding on import compliance, U.S. policy changes, freight market updates, and more in this upcoming trade compliance seminar ➡️ http://ms.spr.ly/6043lPUBb
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Reclaim up to 99% of certain duties, taxes, and fees with duty drawback. See how you could leverage drawback and improve your bottom line 🡪 http://ms.spr.ly/6046lObCQ
U.S. Duty Drawback Essentials | C.H. Robinson Blog
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Ocean rates are rising. Our latest global freight market update reveals key insights shippers need to know to make the most of the spot market and avoid disruptions. Learn more ➡️ http://ms.spr.ly/6040lOpFM
Global Freight Market and Shipping Lane Insights | C.H. Robinson
chrobinson.com
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We're honored to have been recognized by Inbound Logistics for our commitment to sustainability and our ongoing efforts to make supply chains more efficient, effective and sustainable. Learn more about this recognition and Robinson's achievements here ➡️ http://ms.spr.ly/6047lJxFD
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The LCL market is heating up. Director of global LCL, Greg Scott, lays out current conditions, future happenstances, and what you can do. CURRENT CONDITIONS: • Cargo is shifting to less-than-container load (LCL). Shippers are converting full-container-load (FCL) shipments to LCL due to the roll pools. Depending on what port you’re shipping from, it’s very likely your freight will move sooner with LCL than FCL in today’s ocean market. Air freight is also being converted due to capacity challenges combined with the approaching air freight peak season. • Omissions and blank sailings are impacting direct service offerings into the smaller markets, such as St. Louis and Minneapolis. We’re pivoting to alternative services or routings when this happens. POTENTIAL FUTURE HAPPENSTANCES: • Elevated rates in LCL with premium pricing or surcharges. As seen in other modes and during the pandemic, if demand, space, and equipment remain tight it’s likely rates could be adjusted beyond announced carrier levels. • Shifting of modes could create LCL roll pools. LCL is not immune to disruption and space could eventually run out if demand and cargo shifting continue at this rate. • Expedited LCL services could see increased demand. As more and more cargo change transportation modes, expedited LCL services could see higher demand and limits to shipment volume and weight. WHAT TO DO: If you’re contemplating a modal shift, consider it now. LCL helped a lot of importers when it came to moving shipments during a congested export environment early on and throughout the pandemic. LCL is a smart way to keep your freight moving in segments versus waiting to load as FCL. It’s also more cost-effective than traditional air freight, especially with tight capacity in the market and the potential of elevating rates. If you need to explore if a modal shift is the right move for you, talk to your logistics partner.
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CHRW
NASDAQ
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$89.25
-0.22 (-0.246%)
- Open
- 89.59
- Low
- 88.51
- High
- 89.91
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