US trucking industry on the verge of freight-tech revolution
For those of us outside, the size of North America’s haulage sector never ceases to ...
At a glance, it wasn’t a good trading update released today from CH Robinson for Q3 22.
The numbers, announced ahead of trade, were very disappointing against expectations.
The Loadstar reported: “CH Robinson earnings hit by freight rate falls and soft demand in Q3“.
Seeking Alpha added that “the company posted wide misses on top and bottom lines” while “a surprising 3.4% deceleration in revenue” led to a “$320m miss on top line estimates”.
Against Q3 21, “adjusted operating margin decreased 440 basis points to ...