The market expects C.H. Robinson Worldwide (CHRW) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to b ...

C.H Robinson (CHRW) is actively working to reduce costs to combat the top-line weakness due to the freight downturn. Solid liquidity also bodes well for the company.Factors Favoring CHRWCHRW's 2024 Restructuring Program aims to advance the enterprise strategy by optimizing the company's cost structure. In the first quarter of 2024, the initiative streamlined management, reduced the workforce, and refocused product and technology efforts. Management anticipates incurring approximately $25 million of restruct ...

In a bid to offer innovative payment solutions to the transportation industry, C.H. Robinson (CHRW) inked a deal with Triumph Financial (TFIN) . CHRW’s decision to join TFIN’s freight payments platform implies that the former’s 450,000 contract carriers will have access to the transportation finance solutions on the TriumphPay Network. The TriumphPay Network refers to a platform that connects brokers, shippers, factors and carriers, in turn, resulting in a streamlined payment experience. By utilizing Triump ...

DALLAS, June 17, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (NASDAQ:TFIN) and global logistics provider C.H. Robinson (NASDAQ:CHRW) announced today a strategic relationship focused on delivering innovative payment solutions to the transportation industry. C.H. Robinson will join the TriumphPay Network, a platform that connects brokers, shippers, factors and carriers for a streamlined payment experience. This collaboration provides the foundation for delivering new solutions and financial benefits to c ...

C.H. Robinson Worldwide, Inc. (CHRW) has chosen Damon Lee as its new chief financial officer (CFO), related to the previously announced CFO transition. Lee will start working with C.H. Robinson on Jul 8, 2024, and will assume the role of CFO the day after the Form 10-Q is filed for the second quarter of 2024. Mike Zechmeister, C.H. Robinson’s existing CFO, will continue to serve his role till then and depart at that time, after which he plans to retire. Dave Bozeman, C.H. Robinson’s president and chief exec ...

C.H. Robinson Worldwide (CHRW) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, CHRW broke through the 200-day moving average, which suggests a long-term bullish trend. The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 8th: Gray Television (GTN) : This communications company which currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.4% over the last 60 days. This Zacks Rank #1 (Strong Buy) company has a dividend yield ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission File Number: 000-23189 C.H. ROBINSON WORLDWIDE, INC. (Exact name of registrant as specified in its charter) Delaware 41-1883630 (State or ot ...

C.H. Robinson Worldwide, Inc. (CHRW) first-quarter 2024 earnings of 86 cents per share outpaced the Zacks Consensus Estimate of 60 cents but declined year over year. Total revenues of $4,412.31 million beat the Zacks Consensus Estimate of $4,209.1 million but declined 4.3% year over year owing to lowerpricing in the company’s truckload services, partially offset by higher pricing and increased volume in its ocean services. Operating expenses grew 1.1% year over year to $530.6 million. Adjusted gross profits ...

The company easily beat expectations despite a difficult operating environment. Freight logistics company C.H. Robinson Worldwide (CHRW 14.77%) delivered a standout earnings performance in a difficult environment for transportation companies. Investors are taking notice, sending C.H. Robinson shares up 17% as of 10:45 a.m. ET. Getting lean at just the right time C.H. Robinson is an asset-light logistics company, connecting its more than 90,000 customers to contract carriers and helping those customers coord ...