ch robinson © Piotr Trojanowski
© Piotr Trojanowski

23-May-2024 | 15:51 EDT

C.H. Robinson Worldwide Inc. Downgraded To ’BBB’ From ’BBB+’ On Weak Market Conditions; Outlook Stable

– Our view of the pace of the freight market recovery is expected to prolong the recovery of CHRW’s metrics, currently at 26% as of the first quarter of 2024, to levels sufficiently above 45% over the next 18 to 24 months.

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