First look: C.H. Robinson talks of the tough market, but stock soars yet again

C.H. Robinson has been hitting on all cylinders for almost two years, but in the fourth quarter the giant 3PL started to run into the realities of a freight market that is a broker’s worst nightmare: a sudden rise in spot rates. But even as some of the brokerage’s sequential numbers showed the impact of those conditions, and the year-on-year comparisons were mostly stronger but not to an enormous amount, C.H. Robinson’s (NASDAQ: CHRW) stock soared anew. At approximately 5:05 pm EST, less than an hour af ...