CH Robinson Worldwide Inc Q3 2020 Earnings Call Summary - Thomson StreetEvents

CH Robinson Worldwide Inc Q3 2020 Earnings Call Summary

CH Robinson Worldwide Inc Q3 2020 Earnings Call Summary - Thomson StreetEvents
CH Robinson Worldwide Inc Q3 2020 Earnings Call Summary
Published Oct 28, 2020
19 pages (11919 words) — Published Oct 28, 2020
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of CHRW.OQ earnings conference call or presentation 28-Oct-20 12:30pm GMT

  
Brief Excerpt:

...A. Highlights: 3Q was qtr. of transition in US freight markets and qtr. of progress at CHRW, with Co.'s team continuing to deliver against key initiatives. 1. Delivered solid results. a. b. Positioned Co. to emerge stronger from volatility that it has experienced over last seven months. 2. At 2Q earnings call in late July, Co. painted picture of current market condition that included sequential degradation of routing guide performance and depth of tender that increased from 1.1 in May to around 1.5 in late July, and decline in first tender acceptance rates from high 90% range to around 70%. In 3Q, this dynamic continued to play out as demand recovered faster than carrier capacity returned to marketplace. a. b. Sequential demand growth outstripped supply growth in contractual market, and routing guide depth in Managed Services business rose to 1.8 by qtr.-end. i. This is level Co. hasn't seen since mid-2018. 3. Believes aforementioned trends Co. sees within Managed Services are good proxy...

  
Report Type:

Brief

Source:
Company:
CH Robinson Worldwide Inc
Ticker
CHRW.OQ
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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CH Robinson Worldwide Inc at Stifel Transportation & Logistics Conference (Virtual) Transcript – 2021-02-09 – US$ 54.00 – Edited Transcript of CHRW.OQ presentation 9-Feb-21 8:20pm GMT

CH Robinson Worldwide Inc Q4 2020 Earnings Call Summary – 2021-01-27 – US$ 54.00 – Edited Brief of CHRW.OQ earnings conference call or presentation 27-Jan-21 1:30pm GMT

CH Robinson Worldwide Inc Q4 2020 Earnings Call Transcript – 2021-01-27 – US$ 54.00 – Edited Transcript of CHRW.OQ earnings conference call or presentation 27-Jan-21 1:30pm GMT

CH Robinson Worldwide Inc at Stephens NASH Investment Conference (Virtual) Transcript – 2020-11-18 – US$ 54.00 – Edited Transcript of CHRW.OQ presentation 18-Nov-20 7:00pm GMT

CH Robinson Worldwide Inc Q3 2020 Earnings Call Transcript – 2020-10-28 – US$ 54.00 – Edited Transcript of CHRW.OQ earnings conference call or presentation 28-Oct-20 12:30pm GMT

CH Robinson Worldwide Inc Q2 2020 Earnings Call Summary – 2020-07-29 – US$ 54.00 – Edited Brief of CHRW.OQ earnings conference call or presentation 29-Jul-20 12:30pm GMT

CH Robinson Worldwide Inc Q2 2020 Earnings Call Transcript – 2020-07-29 – US$ 54.00 – Edited Transcript of CHRW.OQ earnings conference call or presentation 29-Jul-20 12:30pm GMT

C.H. Robinson Worldwide Inc at Sanford C Bernstein Strategic Decisions Conference Transcript – 2020-05-28 – US$ 54.00 – Edited Transcript of CHRW.OQ presentation 28-May-20 3:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "CH Robinson Worldwide Inc Q3 2020 Earnings Call Summary" Oct 28, 2020. Alacra Store. May 21, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-CH-Robinson-Worldwide-Inc-Earnings-Call-B13435274>
  
APA:
Thomson StreetEvents. (2020). CH Robinson Worldwide Inc Q3 2020 Earnings Call Summary Oct 28, 2020. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2020-CH-Robinson-Worldwide-Inc-Earnings-Call-B13435274>
  
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