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Here's Why Investors Should Retain C.H Robinson (CHRW)
CHRWC.H. Robinson(CHRW) ZACKS·2024-07-10 15:05

CHRW's 2024 Restructuring Program aims to advance the enterprise strategy by optimizing the company's cost structure. In the first quarter of 2024, the initiative streamlined management, reduced the workforce, and refocused product and technology efforts. Management anticipates incurring approximately 25millionofrestructuringchargesrelatedtotheprograminthecurrentyear.C.HRobinsonendedthefirstquarterof2024witharobustliquidityposition,holdingapproximately25 million of restructuring charges related to the program in the current year. C.H Robinson ended the first quarter of 2024 with a robust liquidity position, holding approximately 121.8 million in cash and ...