All articles tagged with #ch robinson
Cardinal Health and C.H. Robinson experienced significant stock breakouts following strong earnings reports and raised guidance, while Chipotle's stock declined after disappointing earnings and lower guidance, highlighting varied market reactions among top S&P 500 stocks.
C.H. Robinson CEO Dave Bozeman is optimistic about the company's future despite challenges like a freight recession and potential tariffs from President-elect Trump. Bozeman plans to grow market share and expand operating margins by leveraging technology, including AI through a partnership with Microsoft, and adopting a lean operating model. Analysts are positive about the company's ability to navigate tariffs and improve earnings, with C.H. Robinson's stock outperforming the market this year.
Plug Power surged to become the top industrial gainer of the week, with its shares rising after an upgrade from Roth MKM. Meanwhile, C.H. Robinson Worldwide saw its stock decline significantly after its fourth quarter adjusted earnings missed estimates. Other top gainers in the industrial sector included Symbotic, Saia, McGrath RentCorp, and Vertiv, while the top decliners were C.H. Robinson Worldwide, Exponent, Rockwell Automation, United Parcel Service, and Avis Budget.
Logistics company C.H. Robinson has appointed former Ford Motor and Amazon executive Bob Biesterfeld as its new CEO, effective from May 9. Biesterfeld, who has been with the company for 20 years, will replace John Wiehoff, who will become executive chairman of the board.
C.H. Robinson Worldwide Inc. has confirmed that David Bozeman, an executive of the Ford Motor Co., will be its next CEO effective June 26. Bozeman is currently vice president of the customer service division and enthusiast brands at Ford. Before joining the automaker last August, Bozeman spent five-plus years as vice president of Amazon Transportation Services.