Revenue Performance - Total revenues for Q4 2025 decreased 6.5% to $3.9 billion, primarily due to the divestiture of the Europe Surface Transportation business and lower pricing and volume in ocean services [8]. - Full year 2025 total revenues decreased 8.4% to $16.2 billion, driven by the divestiture of the Europe Surface Transportation business and lower pricing in ocean services [10]. - Total revenues for the fourth quarter of 2025 were $371.3 million, a decrease of 25.4% compared to $498.0 million in the fourth quarter of 2024 [13]. - For the three months ended December 31, 2025, total revenues decreased by 6.5% to $3.91 billion compared to $4.18 billion in the same period of 2024 [29]. - Total revenues for the three months ended December 31, 2025, were $3,912,634, a slight decrease from $4,184,656 in the same period of 2024, representing a year-over-year decline of approximately 6.5% [31]. Profitability Metrics - Adjusted gross profit margin for North American Surface Transportation (NAST) increased by 20 basis points to 14.6% despite a challenging macro environment [5]. - Adjusted income from operations for Q4 2025 increased 7.1% to $197.4 million, while income from operations decreased 1.3% to $181.4 million [5]. - Adjusted gross profits for Global Forwarding decreased 12.7% to $178.0 million, with ocean adjusted gross profits down 22.0% [12]. - Total adjusted gross profits for the fourth quarter were $657.0 million, a decrease of 4.0% from $684.6 million in the fourth quarter of 2024 [23]. - Adjusted income from operations for the twelve months ended December 31, 2025 was $833.7 million, reflecting an increase of 18.8% from $669.1 million in 2024 [29]. - Adjusted net income per share (diluted) for the twelve months ended December 31, 2025 was $5.09, up from $4.51 in 2024 [26]. - The adjusted operating margin for the consolidated results for the twelve months ended December 31, 2025 was 30.5%, compared to 27.5% in 2024 [27]. Cash Flow and Shareholder Returns - Cash generated by operations increased by $37.5 million to $305.4 million, and cash returned to shareholders increased 150.7% to $207.7 million [5]. - Cash generated from operations totaled $305.4 million in the fourth quarter, up from $267.9 million in the fourth quarter of 2024, reflecting a $37.5 million increase [16]. - Cash returned to shareholders in the fourth quarter amounted to $207.7 million, including $133.3 million in stock repurchases and $74.3 million in dividends [17]. - Net cash provided by operating activities for the twelve months ended December 31, 2025, was $914,519, compared to $509,084 in 2024, an increase of approximately 79.5% [35]. Income and Expenses - Net income for Q4 2025 totaled $136.3 million, down 8.7% from a year ago, with diluted EPS of $1.12 decreasing 8.2% [8]. - Income from operations for the three months ended December 31, 2025 was $181.4 million, a slight decrease of 1.3% from $183.8 million in 2024 [29]. - Total costs and expenses for the three months ended December 31, 2025 were $3.73 billion, down 6.7% from $4.00 billion in the same period of 2024 [29]. - The provision for income taxes for the twelve months ended December 31, 2025 increased by 19.3% to $135.4 million from $113.5 million in 2024 [29]. Tax and Capital Expenditures - The effective tax rate for the fourth quarter was 18.1%, up from 11.4% in the same quarter of 2024, influenced by non-recurring items and lower U.S. tax credits [15]. - The company expects a full-year effective tax rate for 2026 to be between 18% and 20% [15]. - Capital expenditures for the fourth quarter were $15.7 million, with expectations for 2026 capital expenditures between $75 million and $85 million [17]. Workforce and Assets - Average employee headcount decreased to 12,733 in 2025 from 14,386 in 2024, a reduction of approximately 11.5% [31]. - Total assets as of December 31, 2025, were $5,058,381, down from $5,297,926 in 2024, a decrease of about 4.5% [33]. - Long-term debt increased to $1,089,438 as of December 31, 2025, from $921,857 in 2024, representing an increase of about 18.2% [33]. - Cash and cash equivalents at the end of the period increased to $160,871 from $145,762 in 2024, a rise of approximately 10.5% [35]. Other Financial Metrics - Severance and other personnel expenses for the twelve months ended December 31, 2025 totaled $30.0 million, primarily related to workforce reductions [26]. - The company reported an adjusted gross profit of $2.73 billion for the twelve months ended December 31, 2025, compared to $2.77 billion in 2024 [27]. - The company reported a loss from operations of $10,658 for the twelve months ended December 31, 2025, compared to a profit of $669,141 in 2024 [31]. - The company made acquisitions net of cash acquired amounting to $11,864 during the twelve months ended December 31, 2025 [35].

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)---- $CHRW #CHRobinson--C.H. Robinson Reports 2025 Fourth Quarter Results. ...

Core Viewpoint - Kuehne & Nagel International Ag (KHNGY) is currently viewed as a more attractive investment option compared to C.H. Robinson Worldwide (CHRW) for value investors seeking undervalued stocks [1][3][7] Valuation Metrics - KHNGY has a forward P/E ratio of 25.30, while CHRW has a higher forward P/E of 30.87 [5] - KHNGY's PEG ratio stands at 1.38, indicating a better valuation relative to its expected earnings growth compared to CHRW's PEG ratio of 1.96 [5] - KHNGY's P/B ratio is 10.74, which is lower than CHRW's P/B ratio of 11.48, suggesting that KHNGY is more favorably valued in terms of market value versus book value [6] Earnings Outlook - KHNGY is experiencing an improving earnings outlook, which contributes to its stronger Zacks Rank of 2 (Buy) compared to CHRW's Zacks Rank of 3 (Hold) [3][7] - The positive estimate revision trends for KHNGY indicate a stronger potential for earnings growth compared to CHRW [3] Value Grades - KHNGY has received a Value grade of B, while CHRW has a Value grade of D, further supporting the argument for KHNGY as the superior value option [6]

Core Viewpoint - C.H. Robinson Worldwide (CHRW) is expected to report a decline in quarterly earnings and revenues compared to the previous year, with earnings per share projected at $1.12, down 7.4%, and revenues estimated at $3.96 billion, down 5.4% year over year [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.1%, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts predict 'Total Revenues- NAST' at $2.86 billion, reflecting a 2% increase from the previous year [5]. - 'Total Revenues- All Other and Corporate' is expected to be $366.74 million, indicating a decline of 26.4% year over year [5]. - 'Total Revenues- Global Forwarding' is forecasted to reach $736.12 million, down 16.7% from the previous year [5]. Profit Estimates - The average employee headcount is estimated to be 12,245, down from 13,869 a year ago [6]. - 'Adjusted Gross Profit- Global Forwarding' is projected at $179.64 million, compared to $203.80 million in the same quarter last year [6]. - 'Adjusted Gross Profit- All Other & Corporate' is expected to be $66.29 million, down from $77.06 million a year ago [7]. - 'Adjusted Gross Profit- NAST' is estimated at $416.05 million, slightly up from $403.76 million in the same quarter last year [7]. Specific Profit Metrics - 'Adjusted Gross Profit- All Other & Corporate- Managed Solutions' is forecasted at $24.50 million, down from $28.13 million a year ago [8]. - 'Adjusted Gross Profit- All Other & Corporate- Robinson Fresh' is expected to be $31.65 million, down from $35.98 million in the same quarter last year [8]. - 'Adjusted Gross Profit- Global Forwarding- Other' is estimated at $9.69 million, nearly unchanged from $9.70 million a year ago [9]. - 'Adjusted Gross Profit- Global Forwarding- Customs' is projected to reach $30.36 million, up from $26.50 million in the same quarter last year [9]. - 'Adjusted Gross Profit- Global Forwarding- Ocean' is expected to be $102.73 million, down from $127.10 million a year ago [10]. Stock Performance - Over the past month, shares of C.H. Robinson have increased by 8.6%, outperforming the Zacks S&P 500 composite, which rose by 0.4% [11]. - Currently, CHRW holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [11].

Missed pickups have long been an accepted cost of doing business in less-than-truckload shipping. They’re frustrating, inefficient and expensive, but for an industry built on shared capacity and tight scheduling, they’ve often felt unavoidable. C.H. Robinson is betting that doesn’t have to be the case. The logistics provider has rolled out a new set of AI agents designed specifically to tackle missed LTL pickups. When one pickup fails, it can trigger a cascade of delays across terminals, routes and other ...

Core Insights - C.H. Robinson is leveraging artificial intelligence to address missed pickups in less-than-truckload (LTL) shipping, enhancing operational efficiency and reducing delays [1][4][6] Group 1: AI Implementation and Efficiency - The introduction of AI agents has automated 95% of checks on missed LTL pickups, saving over 350 hours of manual work daily and allowing freight to move up to a day faster [2][5] - The AI agents are capable of making 100 calls and decisions simultaneously, significantly speeding up the resolution of missed pickups and improving visibility for shippers and receivers [5][6] Group 2: Operational Impact - Missed pickups have been reduced by 42%, benefiting both carriers and shippers by minimizing unnecessary return trips [2][4] - The AI agents provide carriers with new problem-solving capabilities and insights into operational issues, allowing for better scheduling and communication [6][7] Group 3: Company Overview - C.H. Robinson manages 37 million shipments annually, representing $23 billion in freight, and serves 83,000 customers and 450,000 carriers [9] - The company emphasizes a disciplined approach to AI, focusing on areas where it can deliver tangible business results, particularly in enhancing supply chain efficiency [7][9]

Core Insights - C.H. Robinson Worldwide is leveraging artificial intelligence to enhance efficiency in resolving missed LTL (Less Than Truckload) pickups and significantly reduce unnecessary trips [1][2] Group 1: AI Implementation and Impact - The company has developed over 30 AI agents that automate various shipping tasks, including handling LTL price quotes, orders, freight classification, shipment tracking, and proof of delivery [4] - AI agents can now call carriers and make decisions on interventions, saving over 350 hours of manual work per day [2] - Unnecessary return trips to pick up missed freight have been reduced by 42%, benefiting both carriers and shippers [2] Group 2: Operational Efficiency - Prior to AI implementation, teams spent over half the day manually checking carrier websites, making calls, and notifying customers about missed pickups [3] - A complex emailed load tender that previously took up to four hours to process can now be completed in just 90 seconds due to technological advancements [5] - The technology was initially rolled out to small- and medium-sized customers on the Freightquote platform before being scaled to LTL customers in July [3]

Core Viewpoint - C.H. Robinson is advocating for the reaffirmation of federal regulations governing freight transportation to maintain consistency and safety across the logistics industry, as the U.S. Supreme Court reviews a case that could impact freight broker liability under state laws [1][2][3]. Group 1: Legal Context - The case Montgomery v. Caribe Transport II, LLC will determine if freight brokers can be held liable under varying state laws for accidents involving federally licensed motor carriers [1]. - For nearly a century, federal law has exclusively governed motor carrier services, including the decisions made by freight brokers like C.H. Robinson [3]. - Recent court decisions have allowed plaintiffs to challenge brokers' decisions using state law, potentially imposing liability on brokers for accidents caused by licensed motor carriers [3]. Group 2: Importance of Federal Regulation - Federal law provides a uniform set of rules for freight movement, which is crucial for safety and economic stability [2]. - Congress established uniform federal standards to regulate the motor carrier industry, ensuring that brokers, who do not operate vehicles or select drivers, are not held responsible for accidents [4]. - Allowing state courts to impose different standards could lead to fragmentation, conflicting rules, and increased costs in the supply chain [6]. Group 3: Future Implications - C.H. Robinson is set to present its oral argument before the Supreme Court on March 4, 2026, emphasizing the need for a unified federal framework to ensure safety and reliability in transportation [6].

Core Viewpoint - Kuehne & Nagel International Ag (KHNGY) is currently viewed as a more attractive investment option compared to C.H. Robinson Worldwide (CHRW) based on valuation metrics and earnings outlook [3][7]. Valuation Metrics - KHNGY has a forward P/E ratio of 23.82, while CHRW has a higher forward P/E of 29.14 [5]. - KHNGY's PEG ratio is 1.30, indicating a better valuation relative to its expected earnings growth compared to CHRW's PEG ratio of 1.85 [5]. - KHNGY has a P/B ratio of 10.1, which is lower than CHRW's P/B ratio of 10.86, suggesting KHNGY is more favorably valued in terms of market value to book value [6]. Earnings Outlook - KHNGY holds a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions, while CHRW has a Zacks Rank of 3 (Hold) [3]. - The stronger estimate revision activity for KHNGY suggests an improving earnings outlook compared to CHRW [7]. Value Grades - KHNGY has a Value grade of B, while CHRW has a Value grade of D, indicating that KHNGY is perceived as a better value investment [6].

Core Viewpoint - Ancora Alternatives has successfully engaged in shareholder activism within the transportation sector, focusing on improving shareholder returns through strategic changes in company management and operations [7][17]. Company Engagements - In 2025, Ancora ousted three legacy directors at Forward Air, including the chairman, following a controversial acquisition that negatively impacted equity holders and increased debt [1]. - Ancora has altered five board seats and pushed the CFO to leave Forward Air in 2021 to refocus on its core operations, claiming that the company's valuation decline was linked to its diversifications [2]. - The firm has engaged with several companies, including C.H. Robinson, Forward Air, CSX, and Norfolk Southern, to implement changes aimed at enhancing shareholder value [6][10]. Investment Strategy - Ancora seeks opportunities in "old economy" sectors, focusing on companies with strong fundamentals that have faced challenges, aiming to unlock value through targeted interventions [3][11]. - The firm typically acquires equity stakes ranging from 0.5% to 10%, often preferring to stay below 5% to avoid regulatory filing requirements, allowing for greater flexibility in its operations [15][16]. Activism Approach - Ancora has developed an "information advantage" in the transportation sector, leveraging a network of industry experts and former executives to drive successful outcomes in its campaigns [8][9]. - The firm emphasizes the importance of finding the right individuals to support its analysis and engagement strategies, which increases the likelihood of achieving desired results [10]. Recent Developments - In 2024, Ancora won three seats at Norfolk Southern's annual meeting, leading to significant changes in the board and the removal of the CEO due to service and profitability issues [12]. - A cooperation agreement with Americold in December 2025 resulted in two board seats for Ancora and the establishment of a finance committee to review potential divestitures [17].