CH Robinson: freight market update – April 2024
Sourced from CH Robinson, updated 18 April 2024. Top story: Supply and demand imbalance continues to ...
While bombarding the audience with a slew of very robust metrics; humbly promoting achieved and achievable targets; and disclosing an earnings deck packed with sequential and year-on-year growth rates that were nothing short of phenomenal across the business portfolio…
… friendly CH Robinson CEO Bob Biesterfeld (pictured above), his pragmatism and confidence uppermost as usual, hit the jackpot talking up Q2 22 figures for the US-based 3PL with the sell-side yesterday after the US trading session ended.
Of interest, core trucking and LTL ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
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