CH Robinson – strength, value, redundancy risk
CHRW staff: don’t risk looking like the fat on the bone
© Piotr Trojanowski
North America’s largest freight service provider, CH Robinson, delivered double-digit profit growth in the fourth quarter and for the full-year 2018, it announced yesterday.
Group-wide Q4 revenue increased 4.5% to $4.1bn and net revenue 13% to $713.8m. Full-year income was up 11.8% to $16.6bn and net revenues increased 14.2% to $2.7bn.
Its largest segment remained its North America land transport division, which saw its full-year revenue grow to 15.6% to $11.2bn, while in the fourth quarter it saw a stronger pricing environment ...
Comment on this article
A.Kout
January 30, 2019 at 4:05 pmWell,
i would like to have one question answered by CHR
Why have you bought Phoenix for + 500 Mio US, I still do not see any positive movements in developing this,growth is below competitors for instance on the Transpac,you are still weakining on airfreight do not have any real global network
nor buying power ,so what you have delivered is a us nice story but beyond
that a very very disappointing performance even if you now have a former
dhl executive for europe on board who is not really developing the set-up further
or have we seen this?.
Acquisitions like Phones and the Austarlaian one are overpaid and in my m+a world you as Ceo would have been fired at least 1,5 years ago,but you are still there why? Do not see any rationale on this -the best thing you can do
leave this to top managers who understand how to develop a global brand but you
have shown not to have this capabilities-so pls do us one favour Mr.Wiehoff and
pls say goodbye.Many thxs
AKout