C.H. Robinson Worldwide is a global leader in logistics and supply chain management, providing a comprehensive range of services to help businesses efficiently transport their goods. The company specializes in freight transportation, offering logistics solutions such as truckload, less-than-truckload, intermodal, and air freight services. Additionally, C.H. Robinson operates a vast network that connects shippers with carriers, facilitating smooth and efficient supply chain operations. By leveraging technology and data analytics, the company aims to optimize shipping processes, reduce costs, and enhance overall customer experience in the logistics sector.
Looking back on air freight and logistics stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including United Parcel Service (NYSE:UPS) and its peers.
Looking back on air freight and logistics stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including C.H. Robinson Worldwide (NASDAQ:CHRW) and its peers.
Let’s dig into the relative performance of Air Transport Services (NASDAQ:ATSG) and its peers as we unravel the now-completed Q3 air freight and logistics earnings season.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the air freight and logistics stocks, including Expeditors (NYSE:EXPD) and its peers.
Freight transportation intermediary C.H. Robinson (NASDAQ:CHRW) reported Q3 CY2024 results topping the market’s revenue expectations, with sales up 7% year on year to $4.64 billion. Its non-GAAP profit of $1.28 per share was also 11.4% above analysts’ consensus estimates.
Top 10 stocks with highest gains last week, including Exact Sciences, Alnylam Pharmaceuticals, Resmed, Coca-Cola Consolidated, DexCom, Sprouts Farmers Market, UL Solutions, Labcorp Holdings, C.H. Robinson Worldwide, and DoorDash.
Markets experienced a sharp downturn, driven by heightened geopolitical tensions and economic uncertainties that negatively impacted investor risk sentiment, just a day after the Federal Open Market Committee (FOMC) meeting signaled a potential interest
After Wednesday’s tech-led rebound amid the Federal Reserve’s rate decision, the stock market could be in for further gains. The major index futures point to a higher opening, although suggesting a slowdown in the upward momentum is in the cards.
Tech optimism is likely to abound on Wall Street as AI-levered stocks are feeding off the strength generated by Advanced Micro Devices, Inc.‘s (NASDAQ:AMD)
