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0:00 / 0:00I. Business Overview and Strategy
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C.H. Robinson's Net Income Plunges 65.4% Amidst Soft Freight Market

CHRW10-KFiling Date: 2/16/2024
C.H. Robinson Worldwide, Inc.
Description

What this story covers

C.H. Robinson's 2023 performance saw net income drop 65 point 4 percent to 325 point 1 million dollars due to weak freight demand and excess capacity. Despite revenue declines, they cut personnel costs and initiated restructuring, maintaining liquidity and commitment to shareholder returns.

Story snapshot

CompanyC.H. Robinson Worldwide, Inc.
TickerCHRW
VariantStandard detailed
Duration24:56
Filing type10-K
PeriodAnnual 2023
IndustryTransportation & Logistics
Accession0001043277-24-000011

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