Comment / Surgical CH Robinson: 'Ready to do M&A, we're going to do M&A'

ID 1570981 © Radu Razvan Gheorghe | Dreamstime.com

’Experts at playing the market’, we argued on 13 December 2024 with regard to rampant CH Robinson (CHRW), the largest freight broker in the US.

At that time, CHRW traded at $111 apiece.

Spot the difference

Now, after reaching a new record of $203.34 earlier this year, the shares trade at around $178.

It’s worth a stunning $21 billion in market cap. Or about $1.8 million per employee, as the headcount keeps shrinking for the AI-driven freight broker: 11,705 heads on payroll in Q1 ...