C.H. Robinson Worldwide Inc

CHRW: XNAS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$73.00PhfXqtklpqmzn

C.H. Robinson Earnings: Soft Retail and Industrial End Markets Continue to Pressure Results

C.H. Robinson’s third-quarter gross revenue fell 28% year over year, below our forecast, on greater-than-expected volume declines in the truck brokerage division, or NAST. The theme this year is that muted retail sector restocking, soft industrial end markets, and excess transportation industry capacity are driving down freight demand and customer pricing for NAST and global forwarding, especially relative to still-elevated levels a year ago.

Sponsor Center