All CH Robinson articles
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News
CH Robinson expands Southeast Asia presence
CH Robinson has expanded its presence in Southeast Asia with the opening of a new office in the Philippines.The US-based forwarder said that the new Manila office would look to capitalise on the country's growing economy, which is expected to increase by 6% in 2024."The Philippines’ demand for freight and ...
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CH Robinson third quarter air cargo volumes dip
Multimodal third-party logistics service provider (3PL) CH Robinson saw air cargo volumes within its forwarding unit drop in the third quarter as it grappled with a challenging market.Minnesota, US-headquartered CH Robinson saw its third-quarter (for the period ending September 30) revenue fall by 27.8% year on year to $4.3bn and ...
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NewsCH Robinson reports a stabilising air cargo market
Matt Castle. Source: CH RobinsonThe air cargo market has settled back into normal seasonal patterns as the peak season arrives, according to CH Robinson's vice president of global forwarding Matt Castle.Speaking to Air Cargo News, Castle provided an update on the current air cargo market as industry data continues to ...
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NewsCH Robinson appoints new CEO
Dave Bozeman. Source: Business WireUS logistics firm and forwarder CH Robinson has appointed Dave Bozeman as its new chief executive, taking over from Scott Anderson, who has been serving in the role on an interim basis.Bozeman has more than 30 years of experience working in roles covering supply chains, middle-mile ...
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Biesterfeld exits as CH Robinson CEO
CH Robinson chief executive Bob Biesterfeld has stepped down from the role to be replaced on an interim basis by Scott Anderson, chair of the board of directors.The freight broker and forwarder said that it has commenced a search for a new chief executive and has retained recruitment firm Russell ...
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Shift back to ocean from air as rates lower and port problems ease
Over the last two years the air cargo industry has benefitted from a modal shift from ocean to air but leading forwarders have indicated that the trend started to reverse in the second quarter.CH Robinson and DHL Global Forwarding said that during the second quarter there was a shift back ...
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DSV unaware of any CH Robinson divestment process
DSV has said it is unaware of any divestment process at CH Robinson after reports emerged that the Danish forwarder was interested in buying the US firm's forwarding business.In a statement to Air Cargo News, DSV, which has expanded rapidly through acquisitions over the past few years, added that would ...
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LA and Long Beach ports to open 24/7 to combat supply chain chaos
US president Joe Biden has announced that the US port of Los Angeles will join nearby Long Beach in working 24/7 to help clear the cargo backlogs that had contributed to modal shift to airfreight.Biden said that a 24/7 system is how most leading countries operate and that the move ...
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PVG quarantines pile pressure on air cargo supply chains
An increasing number of Covid cases at Shanghai Pudong International Airport are piling on extra pressure to strained airfreight operations from China, according to forwarders.Seko Logistics reports that handler PACTL suspended cargo operations on Friday after two members of staff tested positive for Covid. This has resulted in the cancellation ...
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Airfreight the star for CH Robinson in volatile Q2
Third-party logistics provider CH Robinson saw second quarter 2020 revenues fall 7.2% to $3.6bn in a “volatile environment” and lower pricing in trucking while airfreight revenues surged due to reduced capacity and larger shipment sizes.Net group revenues decreased 11.6% to $614.5m as income from operations dropped 17.0% to $188.8m.Second quarter ...
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CH Robinson: overall solid performance masks modal differences
Third-party logistics provider CH Robinson achieved net revenue of USD695.2m during the second quarter of 2019, up 3.5% year-on-year, in what chief executive Bob Biesterfeld described as a "solid performance".However, a breakdown according to different business areas reveals a mixed picture. While the strength of CH Robinson’s North American trucking ...
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CH Robinson goes into Space with €42m Spanish forwarder acquisition
US freight forwarder CH Robinson acquired Spanish forwarder Space Cargo Group for €42m ($48m) in cash as part of a strategy to expand its global footprint.Space Cargo, headquartered in Madrid, provides international freight forwarding, customs brokerage, and other logistics services in Spain and Colombia.For the fiscal year ending December, 2018, ...
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CH Robinson expects peak season capacity constraints
Freight forwarder CH Robinson has declared the current air and ocean freight markets represent something of a ‘perfect storm’ and once again expects capacity constraints during the peak season.The peak shipping season has heated up early, the forwarder noted. Rates are up on the spot market, and air and ocean ...
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CH Robinson prepared for Brexit
Freight forwarder CH Robinson is preparing from the potential fall-out in additional Customs procedures as a result of the UK’s departure from the European Union (Brexit).Ivo Aris, vice president global forwarding at CH Robinson, said: “Every change, including Brexit, will bring along challenges, but first and foremost presents opportunities for ...
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CH Robinson sees airfreight revenues increase by over 20% in Q1
US forwarder CH Robinson saw airfreight revenues increase by more than 20% in the first quarter of the year as market growth and acquisitions helped boost performance.The company said its freight forwarding division saw total revenues for the quarter increase by 18.1% to $553m on the back of double-digit volume ...
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CH Robinson swoops on Australian forwarder
CH Robinson has expanded its presence in Australasia with the acquisition of forwarder and customs brokerage provider APC Logistics.The US forwarder and trucking giant said it would pay around $225m for APC, with which it has had a long standing exclusive agent relationship.The agreement is subject to certain customary closing ...