EXCLUSIVE: CH Robinson – forwarding debacle spurs another top casualty
Rolling
CH Robinson released its second-quarter results this week, with reported $3.3bn gross revenues missing estimates by about $130m. Is that just a tiny little detail?
In the first quarter, the top-line of the US-based 3PL came in $100m below expectations, so that turnover was almost a quarter of a billion dollars less than financial analysts had expected in the first half of 2016 on a year-on-year basis. Just how bad is that?
Well, appearances can be deceptive, argues the asset-light freight forwarder ...
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