CH Robinson: freight market update – April 2024
Sourced from CH Robinson, updated 18 April 2024. Top story: Supply and demand imbalance continues to ...
CH Robinson’s (CHRW) 10-K will be released by early March at the latest, but we already have enough evidence in its unaudited 8-K filing released recently to draw a very simple conclusion: the patient is on the operating table.
As one of the most prominent brokers of freight services in North America struggles, its competitive advantage in pricing power is eroding, hindering brand power. This comes operationally just as, financially, trying to prop up earnings per share via buybacks at over 5x ...
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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