C.H. Robinson's shares hit record high, defying freight slump with AI-driven gains
Core Insights - C.H. Robinson's shares increased over 20% to a record high following a quarterly profit that exceeded expectations, attributed to efficiencies driven by AI [1] Company Performance - The quarterly profit beat was a significant factor in the surge of C.H. Robinson's stock price, indicating strong financial performance [1] - The use of AI technologies has been highlighted as a key driver of operational efficiencies, contributing to the company's improved profitability [1] Market Reaction - Investors responded positively to the news, leading to a notable increase in the company's stock value, reflecting confidence in its future growth prospects [1]