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C.H. Robinson reported Q2’21 revenue growth of 52.5% year over year. That included a 105.0% jump in Global Forwarding revenue due to the “strong demand environment, market share gains and strained capacity”. The expansion can be seen too in a 56.2% year over year rise in U... Read more →
President Joe Biden will host a Leaders Summit on Climate from April 22 with 40 world leaders, including China’s Xi Jinping, aiming to build momentum ahead of the UNFCCC COP26 in November. There may be implications for supply chains across: demand for enabling technologies including r... Read more →
C.H. Robinson has reported Q4’20 revenues which climbed 5.9% higher than a year earlier on the strength of higher pricing and volumes in ocean and air services which led global forwarding revenues 71.7% higher. The firm has also noted that “freight markets remain tight, and we a... Read more →
FedEx, Dell and Switch have partnered to build a series of datacenters in the U.S. to provide low-latency edge computing networks. FedEx is the first customer and will provide real estate. Data from 451 Research shows 62% of firms are processing Internet of Things data at an edge location c... Read more →
UPS and C.H. Robinson have both delivered revenue growth above analysts’ estimates for Q3 as global shipping surges during the industrial rebound following COVID-19 lockdowns. UPS’s revenues climbed by 15.9% year over year while analysts had expected an 11.0% rise. U.S. seaborne... Read more →
Freight forwarder C.H. Robinson has advised its customers that surcharges will be applied for drayage services at the ports of Los Angeles, Long Beach and New York as capacity is “presently insufficient to satisfy demand due to vessel bunching and increased volumes in recent months... Read more →
C.H. Robinson reported an 11.6% year over year drop in net revenues in Q2 after a decline in volumes linked to the COVID-19 pandemic. While that was faster than the downturn seen at K+N it was nonetheless 190 basis points better than analysts’ expectations. Airfreight margins improved... Read more →
The resurgence of COVID-19 cases in many U.S. states has raised the importance of the security of medical supply chains once more. Panjiva’s analysis shows that U.S. imports of products defined by the government as being needed to treat COVID-19 increased by 21.9% sequentially in May ... Read more →
As the COVID-19 pandemic appears to start to wane and industrial economies reopen, our readers’ attention is starting to turn towards the next challenges facing global supply chains. Based on the most-read Panjiva Research last month, the focus has turned to the prospects of a renewed... Read more →
Rhetoric between China and the U.S. is worsening. The Chinese government has threatened to put an “unreliable entities list” in place to target companies that “fail to comply with market rules, deviate from the spirit of the contract” and other criteria. The list may... Read more →
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