Latest news with #C.H.Robinson
Business Wire
3 days ago
- Business
- Business Wire
C.H. Robinson to Participate in Deutsche Bank 2025 Transportation Conference
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--C.H. Robinson (NASDAQ: CHRW) announced that the company will participate in a fireside chat at the Deutsche Bank 2025 Transportation Conference on Tuesday, August 12, 2025, at 1:00 p.m. Eastern Time. A live webcast of the fireside chat discussion will be available at A replay of the webcast will be available within 24 hours following the live event. About C.H. Robinson C.H. Robinson delivers logistics like no one else™. Companies around the world look to us to reimagine supply chains, advance freight technology, and solve logistics challenges—from the simple to the most complex. 83,000 customers and 450,000 contract carriers in our network trust us to manage 37 million shipments and $23 billion in freight annually. Through our unmatched expertise, unrivaled scale, and tailored solutions, we ensure the seamless delivery of goods across industries and continents via truckload, less-than-truckload, ocean, air, and beyond. As a responsible global citizen, we make supply chains more sustainable and proudly contribute millions to the causes that matter most to our employees. For more information, visit us at (Nasdaq: CHRW). CHRW-IR
CNBC
5 days ago
- Business
- CNBC
High quality, low volatility stocks to consider if market turmoil upends the next two months
Investors may want to consider hedging their portfolios with higher quality, lower volatility stocks as the market enters the fall stretch. While stocks roared to new all-time highs for a full week last month, a weaker-than-expected July jobs report and downward revisions to May and June have dampened sentiment since then. Maybe more worrying is that the stock market is entering a seasonal dead zone that could temper any near-term rallies. Data from Wolfe Research showed that since 1990, the S & P 500's monthly total return for August and September has averaged a decline of 0.3% and 0.7%, respectively. "As markets continue to hit new all-time highs, we expect to see a consolidation post earnings season as stocks enter into a historically weaker period," wrote Chris Senyek, chief investment strategist at Wolfe, in a recent note, before Friday's job figures. "Our sense remains that the biggest risk to stocks in the back half of the year is stickier inflation keeping rates much higher than the futures market currently expects!" With this in mind, CNBC Pro screened FactSet data to find high quality stocks with low volatility that could be good hedges against if the market turns turbulent. To be included in the table below, stocks had to meet the following criteria: A market beta below 1 A Standard & Poor's quality ranking of B+ or higher Expected to grow earnings this year Already in the green for 2025 Berkshire Hathaway's Class B shares turned up on the screen. The stock is up 4% this year but was last trading 3% lower on Monday after Warren Buffett's conglomerate reported its operating earnings declined in the second quarter. Last quarter, Berkshire's operating earnings — including those from its insurance and railroad businesses — slipped 4% year-over-year , to $11.16 billion. A drop in insurance underwriting was the culprit for the decline. But with a market beta of 0.62 and prospective 2025 earnings growth of 1.3%, Berkshire could still be a good hedge for investors. Standard & Poor's rates the stock a B+. Transportation stock C.H. Robinson also made the screen, with a market beta of 0.88 and expected 2025 earnings growth of 4.5%. Standard & Poor's gives the stock an A rating. Last week, Baird upgraded the third-party logistics provider to an outperform rating from neutral after C.H. Robinson posted second-quarter adjusted earnings of $1.29 per share, beating the FactSet consensus estimate from analysts of $1.16 per share. "By all accounts, management's efforts to reduce costs and increase operating efficiencies through automation appear to be progressing rapidly, placing it in a unique position to accelerate market share gains and grow earnings," Baird analyst Daniel Moore wrote. Moore's new 12-month price target of $135, up from $105, implies that shares of C.H. Robinson could rally 19% from their Friday close. The stock has already risen 12% this year. Pharmacy chain and health insurer CVS Health has surged 38% this year. The Rhode Island-based company has a market beta of 0.48, an A+ rating from Standard & Poor's and could boost its earnings 1.5% this year. Last Thursday, CVS reported second-quarter adjusted earnings and revenue that beat analyst expectations. Subsequently, Bank of America raised its price objective to $89 from $85. Bank of America's updated target is approximately 42% higher than where shares of CVS currently trade. "As CVS' peers deal with headwinds from higher than expected utilization in Medicare Advantage and structural shifts in the Medicaid market, CVS is outperforming the group, largely due to steps the company took last year to cut benefits and adjust pricing. Separately, CVS is capturing unique tailwinds in the retail pharmacy market, driven by industry consolidation and CVS' position as an integrated [pharmacy benefit manager], mail/specialty pharmacy, and retail pharmacy," the analyst wrote.
Yahoo
30-07-2025
- Business
- Yahoo
C.H. Robinson Worldwide (NASDAQ:CHRW) Misses Q2 Sales Targets
Freight transportation intermediary C.H. Robinson (NASDAQ:CHRW) fell short of the market's revenue expectations in Q2 CY2025, with sales falling 7.7% year on year to $4.14 billion. Its non-GAAP profit of $1.29 per share was 11.4% above analysts' consensus estimates. Is now the time to buy C.H. Robinson Worldwide? Find out in our full research report. C.H. Robinson Worldwide (CHRW) Q2 CY2025 Highlights: Revenue: $4.14 billion vs analyst estimates of $4.16 billion (7.7% year-on-year decline, 0.6% miss) Adjusted EPS: $1.29 vs analyst estimates of $1.16 (11.4% beat) Adjusted EBITDA: $217.6 million vs analyst estimates of $219.1 million (5.3% margin, 0.7% miss) Operating Margin: 5.2%, up from 4% in the same quarter last year Free Cash Flow Margin: 0%, down from 3.3% in the same quarter last year Market Capitalization: $11.85 billion "When the current transformation of C.H. Robinson began in early 2024 with the implementation of a new Lean operating model, we recognize that some people had doubts and didn't understand how this would enable the company to change its trajectory. Now, with six consecutive quarters of consistent outperformance through the disciplined execution of the strategy that we shared at our 2024 Investor Day, there is no doubt in our minds that we are on the right path to deliver sustainable outperformance in all market cycles," said President and Chief Executive Officer, Dave Bozeman. Company Overview Engaging in contracts with tens of thousands of transportation companies, C.H. Robinson (NASDAQ:CHRW) offers freight transportation and logistics services. Revenue Growth Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Regrettably, C.H. Robinson Worldwide's sales grew at a sluggish 2.4% compounded annual growth rate over the last five years. This was below our standards and is a rough starting point for our analysis. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. C.H. Robinson Worldwide's performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 8% annually. C.H. Robinson Worldwide isn't alone in its struggles as the Air Freight and Logistics industry experienced a cyclical downturn, with many similar businesses observing lower sales at this time. C.H. Robinson Worldwide also breaks out the revenue for its most important segments, North American surface transportation and Global Forwarding, which are 70.5% and 19.3% of revenue. Over the last two years, C.H. Robinson Worldwide's North American surface transportation revenue (transportation brokerage) averaged 8.6% year-on-year declines while its Global Forwarding revenue (worldwide ocean, air, customers ) was flat. This quarter, C.H. Robinson Worldwide missed Wall Street's estimates and reported a rather uninspiring 7.7% year-on-year revenue decline, generating $4.14 billion of revenue. Looking ahead, sell-side analysts expect revenue to remain flat over the next 12 months. Although this projection indicates its newer products and services will spur better top-line performance, it is still below the sector average. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Operating Margin Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. C.H. Robinson Worldwide's operating margin has been trending up over the last 12 months and averaged 4.3% over the last five years. The company's higher efficiency is a breath of fresh air, but its suboptimal cost structure means it still sports lousy profitability for an industrials business. This result isn't too surprising given its low gross margin as a starting point. Looking at the trend in its profitability, C.H. Robinson Worldwide's operating margin might fluctuated slightly but has generally stayed the same over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. C.H. Robinson Worldwide's performance was poor, but we noticed this is a broad theme as many similar Air Freight and Logistics companies saw their margins fall (along with revenue, as mentioned above) because the cycle turned in the wrong direction. This quarter, C.H. Robinson Worldwide generated an operating margin profit margin of 5.2%, up 1.2 percentage points year on year. Since its gross margin expanded more than its operating margin, we can infer that leverage on its cost of sales was the primary driver behind the recently higher efficiency. Earnings Per Share We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. C.H. Robinson Worldwide's EPS grew at an unimpressive 7.8% compounded annual growth rate over the last five years. This performance was better than its flat revenue but doesn't tell us much about its business quality because its operating margin didn't improve. Diving into the nuances of C.H. Robinson Worldwide's earnings can give us a better understanding of its performance. A five-year view shows that C.H. Robinson Worldwide has repurchased its stock, shrinking its share count by 10.8%. This tells us its EPS outperformed its revenue not because of increased operational efficiency but financial engineering, as buybacks boost per share earnings. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For C.H. Robinson Worldwide, its two-year annual EPS growth of 2.7% was lower than its five-year trend. We hope its growth can accelerate in the future. In Q2, C.H. Robinson Worldwide reported adjusted EPS at $1.29, up from $1.15 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects C.H. Robinson Worldwide's full-year EPS of $4.95 to stay about the same. Key Takeaways from C.H. Robinson Worldwide's Q2 Results It was encouraging to see C.H. Robinson Worldwide beat analysts' EPS expectations this quarter. We were also glad its Global Forwarding revenue topped Wall Street's estimates. On the other hand, its consolidated revenue slightly missed and its EBITDA also fell slightly short of Wall Street's estimates. Zooming out, we think this was a mixed quarter. The stock remained flat at $97.40 immediately after reporting. Should you buy the stock or not? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-07-2025
- Business
- Yahoo
Another broker liability case knocks at Supreme Court door, this one involving C.H. Robinson
Even as the trucking legal community looks for the possibility of the Supreme Court being asked to review a court decision that put Total Quality Logistics on the losing side of the issue of broker liability, there is another federal case on the same subject that already is on the nine justices' formal requests for high court certiorari. Legal filings heated up this week in the case of Shawn Montgomery vs. Caribe Transport II, a carrier. 3PL giant C.H. Robinson (NASDAQ: CHRW), which hired Caribe Transport, also is a defendant. Montgomery was injured in December 2017 in an Illinois collision with a Caribe Transport truck. C.H. Robinson prevailed (separately from Caribe Transport) on two separate requests for summary judgement in late 2023 and early 2024, respectively, from the U.S. District Court for the Southern District of Illinois. The U.S. Court of Appeals for the Seventh Circuit affirmed the lower court in early January. That led Montgomery to seek Supreme Court certiorari in a filing made last month. C.H. Robinson is backing Montgomery's request for a Supreme Court review, even though it was victorious against that plaintiff in the lower courts. C.H. Robinson's support of the certiorari request has similarities to that of TQL in the request for Supreme Court review by Katia Gauthier. She was the widow of a man killed in a collision with a truck hired by TQL. TQL was victorious in Gauthier in a lower court and on appeal on the issue of whether the Federal Aviation Administration Authorization Act (F4A) would preempt a state tort action against the broker. Despite the win, TQL wanted the Supreme Court to weigh in on the broader issues of F4A interpretation, given that circuit courts' decisions on the provision of F4A known as the safety exemption were not consistent. Gauthier's request for certiorari was denied. The lower court's decision in Montgomery looked to guidance from the case of Ying Ye vs. GlobalTranz, also in the Seventh Circuit, where GlobalTranz successfully argued that F4A, signed into law in 1994, protected it from liability. Ye's husband had been killed by a truck hired by GlobalTranz. C.H. Robinson, with successful court decisions in hand, could have just taken a victory lap after the Montgomery case. But it is backing its litigation foe Montgomery by supporting his request for Supreme Court certiorari. Its amicus brief was filed this week supporting Montgomery's request. 'Now is the time for this Court to provide certainty to the industry by resolving the conflict between the circuits,' C.H. Robinson said in its filing. (The National Association of Manufacturers also filed an amicus brief in support of Montgomery's request for certiorari). If the Supreme Court decides to review F4A, the judges would not be asked to rule on the heart of the law: the requirement that states take no action that would impact a transportation 'price, route or service,' also known as the preemption clause. There are no conflicting circuit decisions on that part of the law. What it would be asked to tackle: the safety exemption. The safety exemption says the 'price, route or service' part of the law 'shall not restrict the safety regulatory authority of a State with respect to motor vehicles, the authority of a State to impose highway route controls or limitations based on the size or weight of the motor vehicle, or the authority of a State to regulate carriers with regard to minimum amounts of financial responsibility relating to insurance requirements and self-insurance authorization.' In other words, if bad safety-related stuff happens to a truck booked by a broker, it is possible the broker will found to have some degree of liability. But it isn't certain. On one side of the conflicting circuit decisions are precedents in the Seventh and Eleventh circuits that found a broker's liability in a disastrous outcome involving a truck it hired–Ye in the Seventh, and a case involving a stolen truck brokered by Landstar (NASDAQ: LSTR) in the Eleventh–was not undercut by the safety exemption. The plaintiff therefore could not recover damages. Add to that the decision in the Montgomery/C.H. Robinson case and the victory count for 3PLs due to the safety exemption is three. The Supreme Court already rejected certiorari in the Ying Ye case last year. The conflicts between the circuits have now become more stark following Cox vs. TQL joining Miller vs. Robinson as cases where the safety exception didn't protect a 3PL, and Montgomery vs. Caribe adding to the list of cases where it did. In Cox vs. TQL, handed down Tuesday by the U.S. Court of Appeals for the Sixth Circuit, the second-biggest U.S. 3PL ended up on the losing side in a lawsuit brought by Robert Cox, whose wife Greta was killed in a crash with a truck hired by TQL. The second case where the safety exception didn't protect a 3PL is the Miller vs. C.H. Robinson case from 2019 in the Ninth Circuit, with the Supreme Court having already denied a C.H. Robinson certiorari request in 2022. Allen Miller was left a quadriplegic after being involved in a 2016 crash near Elko, Nevada with a truck from RT Service, which C.H. Robinson had hired to move a load from Sacramento to Salt Lake City for Costco. The C.H. Robinson amicus brief in the Montgomery case does not mention the Sixth Circuit or the Cox vs. TQL case. The amicus brief and the Cox decision were published within a day of each other. TQL has not commented on its plans after the Sixth Circuit appellate court in Cox found that TQL's action in hiring a potentially dangerous carrier was the type of behavior that F4A's safety exception targets: a transportation provider creating an unsafe situation and then being able to be sued without protection from federal law. But given that TQL sought Supreme Court certiorari in the Gauthier case even though it had won, it is not unreasonable to assume it would now, as the losing party, ask the high court to review the conflicting circuit court cases on just how much F4A protects brokers under the safety exception. The court, if it chooses to review the issue, could take the Montgomery certiorari request, or a presumed TQL request, or both. To add to the confusion, a recent decision in an Illinois state court involving Echo Global Logistics came down on the side of the plaintiff and against the broker. In the case of Kaipust vs. Echo Global, Judge Scott McKenna of the Appellate Court of Illinois for the First District rejected Echo's claim that the safety exception of F4A protected it against the actions of a carrier it hired. In the Echo case, the 3PL had hired Critical Supply Solutions to move a load. In September 2021, a company truck was involved in a Nebraska collision that killed Mark Kaipust and his child Taylor. Mark Kaipust's widow Jamie filed suit. 'We reject Echo's argument that interpreting the safety exception to protect state negligence claims against brokers would lead to the safety exception 'swallowing' the preemption clause itself,' McKenna wrote. The preemption clause is the foundation of F4A, restricting state action against that triumvirate of prices, routes and service. 'The preemption clause's application to attempted economic regulation of broker conduct unrelated to safety is left untouched by this ruling. Only when a plaintiff can establish that the broker's conduct implicated the state's safety regulatory authority will a claim survive preemption per the present ruling.' In its amicus brief, C.H. Robinson cited the Echo case as another reason why the Supreme Court should take up Montgomery's request for certiorari, even though it is a state action and not in the federal court system. 'The resulting uncertainty over which motor carriers can be hired—by brokers or for that matter any other entity, such as the owner of freight that contracts directly with motor carriers—has a direct, adverse effect on interstate commerce that needs to be resolved by this Court,' the 3PL wrote. In the case of Montgomery vs. Caribe and C.H. Robinson, the plaintiff sought to bring up the issue of vicarious liability, where C.H. Robinson's actions in its relationship with Caribe established a level of 'control' could be seen as establishing an agency relationship. That could have allowed greater liability for C.H. Robinson. But both the lower court and the Court of Appeals rejected that argument. Much of the appeals court decision in Montgomery reviews that question. And that is mostly because the three-judge unanimous panel quickly rejects Montgomery's argument that the precedents set in Ye about 'agency' should be overturned, as it was the Ye decision that was the basis for much of the court's ruling in Montgomery. Quoting an earlier case, the court said 'we do not take lightly suggestions to overrule circuit precedent.' Echo Global Logistics is involved in another case involving broker liability where it prevailed in federal district court for South Carolina in a case brought by Angela Fuelling, widow of James Fuelling who was killed in a 2022 crash on interstate 85. A carrier hired by Echo Global slammed into Fuelling's vehicle. Echo Global's request for summary judgment to be removed from that case, citing F4A, succeeded last year. Angela Fuelling appealed to the U.S. Court of Appeals for the Fourth Circuit earlier this year, where the case resides. It is considered significant enough that the Transportation Intermediaries Association, the brokerage industry's main trade group, has filed an amicus brief in the case. More articles by John Kingston XPO rating cut by S&P, agency cites continuing weak freight market First legal steps taken, this time by WSTA, to untangle the legal knot of the Clean Truck Partnership Two positive votes on logistics at Moody's: GXO and C.H. Robinson The post Another broker liability case knocks at Supreme Court door, this one involving C.H. Robinson appeared first on FreightWaves.
Yahoo
08-07-2025
- Business
- Yahoo
C.H. Robinson Second Quarter 2025 Earnings Release and Conference Call Scheduled for Wednesday, July 30, 2025
EDEN PRAIRIE, Minn., July 08, 2025--(BUSINESS WIRE)--C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (Nasdaq: CHRW), announced today that it will issue its second quarter 2025 results after the market closes on Wednesday, July 30, 2025. The company will hold a conference call from 5:00 pm - 6:00 pm Eastern Time on the same day to discuss the quarterly results and answer live questions from the investment community. Presentation slides and a simultaneous audio webcast of the conference call may be accessed at To participate in the conference call by telephone, please call ten minutes early by dialing 877-269-7756. An audio replay will be available at About C.H. Robinson C.H. Robinson delivers logistics like no one else™. Companies around the world look to us to reimagine supply chains, advance freight technology, and solve logistics challenges—from the simple to the most complex. 83,000 customers and 450,000 contract carriers in our network trust us to manage 37 million shipments and $23 billion in freight annually. Through our unmatched expertise, unrivaled scale, and tailored solutions, we ensure the seamless delivery of goods across industries and continents via truckload, less-than-truckload, ocean, air, and beyond. As a responsible global citizen, we make supply chains more sustainable and proudly contribute millions to the causes that matter most to our employees. For more information, visit us at (Nasdaq: CHRW) CHRW-IR View source version on Contacts FOR INVESTOR INQUIRIES, CONTACT: Chuck Ives, Senior Director of Investor RelationsEmail: Sign in to access your portfolio
