Forwarders face profitability test as freight markets look set to stabilise
As global freight markets begin to show signs of stabilisation after months of disruption, the industry’s largest forwarders have shown ...
Since 1905, when Charles Henry Robinson teamed up with the Nash Finch brothers to bulk up his wholesale brokerage business before prematurely dying only four years later aged 52, the Eden Prairie-based firm that still carries his name has managed to withstand several headwinds while changing skin seamlessly.
Namely, CH Robinson (CHRW):
– “Suffered” numerous shareholder changes since it was founded;
– Had to face federal regulations that led to a corporate break-up in the ’40s;
– Profited from the trucking deregulation stemming from the ...
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