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C.H. Robinson Worldwide, Inc. - CHRW STOCK NEWS

Welcome to our dedicated news page for C.H. Robinson Worldwide (Ticker: CHRW), a resource for investors and traders seeking the latest updates and insights on C.H. Robinson Worldwide.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect C.H. Robinson Worldwide's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
C.H. Robinson Worldwide, Inc. announces its first quarter 2024 results release date and conference call details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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Rhea-AI Summary
C.H. Robinson Worldwide, Inc. nominates Michael McGarry and Paige Robbins as new directors, while Scott Anderson and James Stake retire. McGarry brings leadership experience from PPG Industries, Inc., and Robbins brings operational expertise from Grainger. The Board aims for accelerated profitable growth and increased shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
management
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Rhea-AI Summary
C.H. Robinson Worldwide, Inc. (CHRW) has declared a regular quarterly cash dividend of 61 cents ($0.61) per share, payable on April 1, 2024, to shareholders of record on March 1, 2024. The company has a history of increasing dividends annually for twenty-five years, with approximately 116,865,085 shares outstanding as of February 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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dividends
Rhea-AI Summary
C.H. Robinson has developed new technology for touchless appointments in freight shipping, using artificial intelligence to determine optimal appointments based on transit-time data and facility data. The technology has already been implemented for 2,545 customers at over 25,000 facilities, saving shippers time, getting freight on the road faster, and saving shippers money. In a 2024 customer survey, shippers indicate that more-efficient appointment scheduling is their second-biggest tech priority for supply chains this year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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none
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Rhea-AI Summary
C.H. Robinson Worldwide, Inc. announces the promotion of Michael Castagnetto to President of North American Surface Transportation (NAST), succeeding Mac Pinkerton. Castagnetto is praised for his strategic leadership and track record of building strong relationships and driving operational excellence. Pinkerton, who has been with the company since 1997, will depart at the end of February 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.59%
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none
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Rhea-AI Summary
C.H. Robinson Worldwide, Inc. reported a decrease in gross profits, income from operations, adjusted operating margin, and diluted earnings per share for the fourth quarter and full year of 2023. The company attributes the decline to poor demand and pricing environment, weak freight demand, and excess carrier capacity. The President and CEO expressed optimism for the future, focusing on productivity improvements and cost structure optimization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.59%
Tags
Rhea-AI Summary
C.H. Robinson Worldwide, Inc. (CHRW) will release its Q4 2023 results on January 31, 2024, followed by a conference call with top executives to discuss the quarterly performance and answer questions from investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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-
Rhea-AI Summary
C.H. Robinson Worldwide, Inc. (CHRW) appoints Jim Reutlinger as Vice President, Enterprise Strategy Program Management to drive strategic priorities and growth. Reutlinger, an expert in Continuous Improvement and Lean methodology, will lead the new Program Management Office to strengthen capabilities and support customers in facing supply chain challenges. With over 25 years of experience, Reutlinger's expertise will help C.H. Robinson accelerate progress and success in 2024 and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
management
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Rhea-AI Summary
C.H. Robinson Worldwide, Inc. (CHRW) announces the departure of CFO Mike Zechmeister and the commencement of a formal search for his successor. Zechmeister will remain with the company until a successor is named or no later than May 31, 2024, at which time he plans to retire. The company expresses gratitude for Zechmeister's contributions and leadership, highlighting the strong financial performance during his tenure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
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none
Rhea-AI Summary
C.H. Robinson Worldwide, Inc. (CHRW) Announces Regular Quarterly Cash Dividend of $0.61 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
dividends
C.H. Robinson Worldwide, Inc.

Nasdaq:CHRW

CHRW Rankings

CHRW Stock Data

8.16B
116.45M
0.95%
96.05%
9.29%
Process, Physical Distribution, and Logistics Consulting Services
Professional, Scientific, and Technical Services
Link
US
Eden Prairie

About CHRW

c.h. robinson helps companies simplify their global supply chains and understand their landed costs. to help build smarter, more competitive supply chains, skilled supply chain engineers and logistics employees combine a deep knowledge of market conditions, practical experience, and proven processes. from local truck transportation to global supply chain management systems, from produce sourcing to consulting based on practical experience and logistics outsourcing, c.h. robinson supplies a competitive advantage to companies of all sizes. integrated technology helps companies manage their supply chain spend. this technology gathers data from across the supply chain and provides global supply chain visibility.