CH Robinson Archives - The Loadstar Making sense of the supply chain Thu, 31 Oct 2024 15:11:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 Freaking cool CH Robinson – it’s the operating model, stupid! https://theloadstar.com/freaking-cool-ch-robinson-its-the-operating-model-stupid/ https://theloadstar.com/freaking-cool-ch-robinson-its-the-operating-model-stupid/#respond Thu, 31 Oct 2024 12:19:11 +0000 https://theloadstar.com/?p=283860 … and very wrong here.
Yours truly.
Oh, in fact 
Even at a glance, CH Robinson’s Q3 24 (CHRW) update out yesterday (30 October) after the US stock market closed, was nothing short of sensational. Too good to be true, however?
There are lots of adjustments in its figures and non-GAAP metrics kicking around. Nonetheless, in a soft market, adjusted earnings per share came in about 11% higher than expected, hitting $1.28 for the ...

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]]> https://theloadstar.com/freaking-cool-ch-robinson-its-the-operating-model-stupid/feed/ 0 283860 CHRW: ‘Elongated’ air peak season – key takeaways for 2025 planning https://theloadstar.com/chrw-elongated-air-peak-season-key-takeaways-for-2025-planning/ https://theloadstar.com/chrw-elongated-air-peak-season-key-takeaways-for-2025-planning/#respond Thu, 10 Oct 2024 00:47:23 +0000 https://theloadstar.com/?p=282453 … sourced from CH Robinson’s blog, published today: “The Elongated Air Peak Season: Key Takeaways for 2025 Planning“.
An excerpt follows:
After a difficult 2023, this year has been one of resurgence for the air market. Unlike a typical year’s air peak season, which ranges from early fall to the Chinese New Year, 2024 has seen an early, extended period of heightened activity. Booming demand for e-commerce from Asia, air diversions from ...

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]]> https://theloadstar.com/chrw-elongated-air-peak-season-key-takeaways-for-2025-planning/feed/ 0 282453 M&A landscape: nothing chunky to buy, lots to break up https://theloadstar.com/ma-landscape-nothing-chunky-to-buy-lots-to-break-up/ https://theloadstar.com/ma-landscape-nothing-chunky-to-buy-lots-to-break-up/#respond Tue, 01 Oct 2024 11:31:56 +0000 https://theloadstar.com/?p=280522 Waiting for the integration of Schenker to start by mid-2025, the €14.3bn DSV takeover still subject to various approvals, crucially including tomorrow’s vote by Deutsche Bahn’s supervisory board, it’s quite depressing to think about the next major M&A in forwarding. And logistics, more broadly.
Given ‘DSV Schenker risk’ for the combined entity’s direct rivals, let’s go with a handy recap starting from the two apparent losers from Switzerland and Germany.
“In any ...

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]]> https://theloadstar.com/ma-landscape-nothing-chunky-to-buy-lots-to-break-up/feed/ 0 280522 CHRW: How to combat overruns by rethinking your approach to freight budgeting https://theloadstar.com/chrw-how-to-combat-overruns-by-rethinking-your-approach-to-freight-budgeting/ https://theloadstar.com/chrw-how-to-combat-overruns-by-rethinking-your-approach-to-freight-budgeting/#respond Wed, 25 Sep 2024 20:01:38 +0000 https://theloadstar.com/?p=281237 CH Robinson’s Ryan Hammett writes:
In the world of full truckload shipping, managing budgets has long been a tricky endeavor. Shippers consistently grapple with budget overruns, which can range from a manageable 6% to a staggering 180%. As the industry continues to evolve, it’s becoming increasingly clear that traditional budgeting methods are falling short. The reliance on annual RFPs and routing guides often fails to account for the unpredictable nature of ...

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]]> https://theloadstar.com/chrw-how-to-combat-overruns-by-rethinking-your-approach-to-freight-budgeting/feed/ 0 281237 CH Robinson – neglected takeover target https://theloadstar.com/ch-robinson-neglected-takeover-target/ https://theloadstar.com/ch-robinson-neglected-takeover-target/#respond Wed, 18 Sep 2024 11:49:35 +0000 https://theloadstar.com/?p=280542 €14.3bn ($15.9bn), the enterprise value stamped on Schenker by DSV at takeover, buys a lot of things in the corporate world.
It helped the Danes secure a friendly deal with one of the two most prominent German 3PLs, but if you recall, it was another promotional stunt at the end of the pandemic that seemed to steer Danish M&A interest elsewhere when, as The Wall Street Journal reported*, “Logistics giant DSV” ...

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]]> https://theloadstar.com/ch-robinson-neglected-takeover-target/feed/ 0 280542 Analysis: CH Robinson – from worst to best…or beast? https://theloadstar.com/analysis-ch-robinson-from-worst-to-best-or-beast/ https://theloadstar.com/analysis-ch-robinson-from-worst-to-best-or-beast/#respond Fri, 02 Aug 2024 11:16:10 +0000 https://theloadstar.com/?p=277793 There is no other way to gauge the CH Robinson (CHRW) corporate story, I think: rewind to exactly a year ago, 2 August 2023.
New boss Dave Bozeman (pictured below) had recently taken over as group CEO, effective 26 June, leading $94-a-share CHRW into Q2 23 numbers – the dark* post-Covid, post-Bob Biesterfeld days.
(*So much so that the run to mid-April this year ended with a multi-year nadir of $65, in ...

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]]> https://theloadstar.com/analysis-ch-robinson-from-worst-to-best-or-beast/feed/ 0 277793 With all eyes on CH Robinson, here’s how to think M&A (with TFI) https://theloadstar.com/with-all-eyes-on-ch-robinson-heres-how-to-think-ma-with-tfi/ https://theloadstar.com/with-all-eyes-on-ch-robinson-heres-how-to-think-ma-with-tfi/#respond Wed, 31 Jul 2024 10:31:06 +0000 https://theloadstar.com/?p=277523 CH Robinson (CHRW) surprised the market yesterday, 30 July, disclosing the timely divestment* of its asset-light European brokerage business.
(*Here’s the bullish official statement from the buyer; how much the deal may be worth and structured is here.)
For one thing
Pruning its corporate tree in the wake of a non-core disposal by year-end and instead looking elsewhere to invest in other, more coherent value propositions for its US-centric asset-light portfolio, makes perfect sense.
After ...

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]]> https://theloadstar.com/with-all-eyes-on-ch-robinson-heres-how-to-think-ma-with-tfi/feed/ 0 277523 CH Robinson to sell trucking services subsidiary EST to Sennder https://theloadstar.com/ch-robinson-to-sell-trucking-subsidiary-est-to-sennder/ https://theloadstar.com/ch-robinson-to-sell-trucking-subsidiary-est-to-sennder/#respond Tue, 30 Jul 2024 12:44:43 +0000 https://theloadstar.com/?p=277692 CH Robinson (CHR) has announced it will sell its European Surface Transportation (EST) subsidiary to European digital road freight forwarder Sennder, ahead of tomorrow’s Q2 financial results. 
CHR said the sale was a strategic move “to get fit, fast and focused”, and it would turn its attention to its global ocean and air businesses, and North American truckload and less-than-truckload sector. 
“To win, we need to focus on what sets us apart ...

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]]> https://theloadstar.com/ch-robinson-to-sell-trucking-subsidiary-est-to-sennder/feed/ 0 277692 CH Robinson – momentum, folks? https://theloadstar.com/ch-robinson-momentum-folks/ https://theloadstar.com/ch-robinson-momentum-folks/#respond Wed, 19 Jun 2024 11:58:28 +0000 https://theloadstar.com/?p=274612 We all know that a single man seldom makes the difference at corporate level – bar Elon Musk perhaps – but we are also all aware of how the right appointment can make a splash with investors.
Case in point: I am sure you recall The Rocket Dave Bates joining XPO as COO from listed US LTL gem Old Dominion last year, and the related surge in XPO’s stock price – ...

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]]> https://theloadstar.com/ch-robinson-momentum-folks/feed/ 0 274612 CH Robinson names Damon Lee as its new CFO https://theloadstar.com/ch-robinson-names-damon-lee-as-its-new-cfo/ https://theloadstar.com/ch-robinson-names-damon-lee-as-its-new-cfo/#respond Thu, 06 Jun 2024 21:25:52 +0000 https://theloadstar.com/?p=273750 PRESS RELEASE
C.H. Robinson Names Damon Lee as Its New Chief Financial Officer
June 6, 2024
Highly Accomplished Finance Leader with Deep Experience in Lean and Continuous Improvement
EDEN PRAIRIE, Minn.–(BUSINESS WIRE)– C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW), a leading global logistics provider, today announced the appointment of Damon Lee as its new Chief Financial Officer, pursuant to the previously announced Chief Financial Officer transition. This strategic hire comes after a comprehensive ...

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