Here's Why Investors Should Retain C.H Robinson (CHRW)
C.H. Robinson(CHRW) ZACKS·2024-07-10 23:05
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 ...