|Bid||79.00 x 800|
|Ask||96.00 x 800|
|Day's Range||90.17 - 91.93|
|52 Week Range||78.83 - 101.20|
|Beta (3Y Monthly)||0.82|
|PE Ratio (TTM)||19.33|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||2.00 (2.21%)|
|1y Target Est||95.59|
The new CEO of broker and third-party logistics provider C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) said his company expects to absorb low to mid single-digit increases in contract rates this year, while spot market rates will stay soft. In an interview Friday with FreightWaves, Robert Biesterfeld, who last week was tapped by the Eden Prairie, Minn.-based company to succeed John Wiehoff in the role, said the market is behaving rationally after a roller-coaster 18-month period. Supply is flowing in to balance the scales with still-solid demand, Biesterfeld noted.
FedEx Plunges 2.5% after President and COO Bronczek ResignsPresident and COO resigns Shares of FedEx (FDX) fell 2.5% on February 15 after the company revealed in an SEC (Securities and Exchange Commission) filing that its president and COO, David
C.H. Robinson will present at two upcoming investor conferences: the Citi 2019 Global Industrials Conference on Wednesday, February 20, 2019, and the Barclays Industrial Select Conference on Thursday, February 21, 2019.
C.H. Robinson (CHRW) promotes Robert Biesterfeld to the position of chief executive officer. Investors will keenly await as to whether the elevation yields the desired results.
Biesterfeld, 43, has been with C.H. Robinson for 20 years and chief operating officer since last March. He'll become just the fourth Robinson CEO since 1963, and he's eager to write a new chapter in the 115-year-old company's story.
Bob Biesterfeld is taking over at C.H. Robinson for John Wiehoff, who will become chairman of the Board. Bob Biesterfeld will succeed John Wiehoff as CEO of C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), one of the world's largest third-party logistics companies. Biesterfeld, a 20-year company veteran who was named chief operating officer in March 2018, will take over on May 9 at the annual meeting of shareholders.
C.H. Robinson (CHRW) announced today that Robert (“Bob”) Biesterfeld, currently the Company's Chief Operating Officer, has been named Chief Executive Officer. As part of a long-planned succession process managed by C.H. Robinson’s Board of Directors, Biesterfeld was named COO in March 2018. Biesterfeld has also been nominated to stand for election to the C.H. Robinson Board of Directors.
C.H. Robinson Worldwide Inc NASDAQ/NGS:CHRWView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low and declining Bearish sentimentShort interest | PositiveShort interest is low for CHRW with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 22. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CHRW totaled $13.39 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Executives discussed pricing strategy and the optimization of smaller segments on the company's recent earnings conference call.
On a stage full of market participants who are offering various technology solutions to the transportation sector, there was basic agreement on one thing – big change through consolidation is coming in the structure of the companies now serving the industry. In particular, Devlin Fenton, the CEO of freight matching app Go99, said you need to look no further than other industries to see where things might be headed. There are markets where the key online platforms have been reduced to three players, "and I would imagine this would happen in the transport space," Fenton told a panel during lunch at the Canadian Cargo conference in Vancouver.
C.H. Robinson Worldwide, Inc. announced that its Board of Directors today declared a regular quarterly cash dividend of 50 cents per share, payable on March 29, 2019, to shareholders of record on March 1, 2019.
C.H. Robinson will present at the upcoming Stifel 2019 Transportation & Logistics Conference on Tuesday, February 12, 2019, at 1:25 p.m. Eastern / 12:25 p.m. Central.
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Uber Technologies Inc. is rolling out a ratings feature for cargo pickup and drop-off facilities through its freight-booking app that truckers can use to help decide which shipments they want to deliver. Carriers on the company’s Uber Freight platform, which uses technology to connect shippers with truckers looking for cargo, will be able to see how long drivers end up waiting at different sites and how they stack up on amenities such as bathrooms or overnight truck parking. “Drivers and carriers will be able to provide feedback on facilities to help other drivers,” said Xinfeng Le, Uber Freight’s carrier product lead.
C.H. Robinson Worldwide Inc (NASDAQ: CHRW) posted record gross revenues, net revenues and operating income in the fourth quarter of 2018 – it took Wall Street investors all day to figure out how they felt about it. Shares of C.H. Robinson closed at $86.61 on Tuesday when trading ended, after which the third-party logistics provider released its results. Management's candor on the earnings call Wednesday morning regarding tougher first quarter comps may have also quelled some momentum to the upside.
Smaller segments improved markedly, while the company's North American freight business continued to provide a solid base for the wider business.
C.H. Robinson's (CHRW) Q4 benefits from growth across all transportation service lines. However, soft revenues at Robinson Fresh partly weigh on results.
What a difference a year makes. In the fourth quarter of 2017, at the height of the capacity crunch that sent trucking spot rates soaring, third-party logistics providers like C.H. Robinson Worldwide Inc ...
The Eden Prairie, Minnesota-based company said it had profit of $1.34 per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research ...
C.H. Robinson Worldwide, Inc. today reported financial results for the quarter and fiscal year ended December 31, 2018.