Welcome to our dedicated page for C H Robinson Worldwide news (Ticker: CHRW), a resource for investors and traders seeking the latest updates and insights on C H Robinson Worldwide stock.
C.H. Robinson Worldwide Inc. (CHRW) delivers innovative logistics solutions through its non-asset-based model, connecting shippers with transportation networks globally. This page provides investors and supply chain professionals with essential updates on strategic developments impacting the $48B freight brokerage market.
Access curated press releases and analysis covering quarterly earnings, technology investments, and global trade partnerships. Our repository tracks material events including carrier network expansions, digital platform enhancements, and regulatory compliance updates critical for evaluating CHRW's market position.
Key updates include developments in North American Surface Transportation (NAST), Global Forwarding division performance, and enterprise technology integrations that power supply chain visibility. Monitor operational milestones through verified announcements about service innovations and strategic client engagements.
Bookmark this page for streamlined access to CHRW's latest corporate communications. Combine these updates with market analysis tools to assess how logistics industry trends influence long-term value creation.
C.H. Robinson Worldwide reported a strong Q3 2021, with total revenues up 48.3% to $6.3 billion and gross profits rising 43.5% to $839.0 million.
Income from operations jumped 84.7% to $310.8 million, and diluted EPS surged 85.0% to $1.85.
Despite a 26.7% increase in operating expenses, the company maintained a robust adjusted operating margin of 36.8%. Cash used by operations improved significantly, decreasing by $95.1 million. The company continues to navigate a challenging market while leveraging its tech-driven services.
C.H. Robinson Worldwide, Inc. (CHRW) will release its third-quarter 2021 financial results on October 26, 2021, following market close. A conference call to discuss the results will be held from 4:00-5:00 PM CT on the same day, hosted by CEO Bob Biesterfeld, CFO Mike Zechmeister, and Director of Investor Relations Chuck Ives. Investors can access presentation slides and a live audio webcast at investor.chrobinson.com. An audio replay will be available until November 2, 2021.
C.H. Robinson launched Market Rate IQ™, a tool designed to help companies save on spot freight rates by revealing potential savings of
C.H. Robinson is launching a digital thank-you campaign during Truck Driver Appreciation Week (Sept. 12-18) to honor the contributions of truck drivers amid challenges like COVID-19 and supply chain disruptions. The campaign includes a $50,000 cash sweepstakes for drivers and a donation of $1 per thank-you note submitted, up to $25,000, to the St. Christopher Truckers Relief Fund. Truck drivers are critical, moving over 70% of all freight and supporting the delivery of essential goods during the pandemic.
C.H. Robinson (Nasdaq: CHRW) will present at the Cowen 14th Annual Global Transportation & Sustainable Mobility Conference on September 8, 2021, at 10:40 a.m. ET. The fireside chat will be available for live streaming via the company's investor website, with a replay accessible for three months. C.H. Robinson is a leading logistics provider, managing $21 billion in freight annually, facilitating 19 million shipments worldwide.
C.H. Robinson Worldwide announced a quarterly cash dividend of $0.51 per share, payable on October 1, 2021, to shareholders of record by September 3, 2021. This marks over twenty years of uninterrupted dividend distribution. As of August 5, 2021, the company has approximately 131,560,544 shares outstanding, underscoring its commitment to returning value to investors.
C.H. Robinson appoints Arun Rajan as Chief Product Officer, effective September 1, 2021. Rajan, with nearly 30 years of product and technology experience, previously served as CTO at Whole Foods Market. His role will involve leading global product development and innovation, aiming to create differentiated value for C.H. Robinson's 200,000 carriers and customers. CEO Bob Biesterfeld emphasizes Rajan's strong leadership skills will drive innovation and long-term value for shareholders, positioning the company for future growth.
C.H. Robinson Worldwide (Nasdaq: CHRW) reported a notable financial performance for Q2 2021.
Total revenues surged by 52.5% to $5.5 billion, with gross profits also increasing 21.9% to $744.4 million. Adjusted operating margin rose to 34.8%, and diluted EPS reached $1.44, marking a 35.8% increase.
However, cash flow from operations fell to $149.3 million, a decrease of $297.8 million year-over-year. The results reflect strong demand amidst a capacity-constrained environment.
C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW) will release its second quarter 2021 results on July 27, 2021, after market close. Following the release, a conference call will be held from 4:00-5:00 pm CT for discussions and Q&A with investors. The call will be hosted by CEO Bob Biesterfeld, CFO Mike Zechmeister, and Director of Investor Relations Chuck Ives. Participants can access presentation slides and an audio webcast at investor.chrobinson.com.
C.H. Robinson Worldwide has declared a quarterly cash dividend of $0.51 per share, payable on July 1, 2021, to shareholders of record on June 4, 2021. The company has a strong history of dividend payments, having distributed them for over 25 years. As of May 6, 2021, there are approximately 132,913,104 shares outstanding. C.H. Robinson is a leading logistics provider, handling $21 billion in freight with 19 million shipments annually.
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