PRESS RELEASE 02/10/2022 EDEN PRAIRIE, Minn.–(BUSINESS WIRE)– C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 55 cents ($0.55) per share, payable on April 1, 2022, to shareholders of record on March 4, 2022. C.H. Robinson has distributed uninterrupted dividends without...
Dalian is the latest port city in China to detect the Omicron variant, as forwarders warn of more shipping delays in the countdown to Chinese New Year. So far, there has been no impact on Dalian’s port operations, but the outbreak is reportedly growing at nearby Tianjin, under lockdown and where car...
PRESS RELEASE MINNEAPOLIS–(BUSINESS WIRE)– C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 51 cents ($0.51) per share, payable on April 1, 2021, to shareholders of record on March 5, 2021. C.H. Robinson has distributed regular dividends for more than...
After the US markets closed today, CH Robinson reported financial results for the quarter ended December 31, 2020, highlighting the following Q4’20 key metrics: – Gross profits increased 10.5 percent to $636.1 million – Adjusted gross profits(1) increased 10.7 percent to $640.6 million – Income from operations increased 51.2 percent to $206.8 million – Adjusted operating...
SUPPLY CHAIN DIVE reports: – U.S. companies importing goods from China could be missing out on a large pool of tariff refunds, which C.H. Robinson estimates add up to about $980 million for its customers alone, the transportation firm announced this week. – The clock is winding down on shippers’ ability to get refunds...
It was a rather weak interim update from CH Robinson on Tuesday, which pushed down its stock as much as 5.5% in after-hour trade. Operating cash flow and working capital management were particularly poor in the first nine months of the year (page 12 here; check out the changes in receivables..). Expect more...
