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C.H. Robinson Worldwide faces headline risk from a $604 million verdict, but insurance and fault allocation significantly limit direct financial exposure. Montgomery v. Caribe Transport II increases legal risk for brokers, but the true impact will be revealed through CHRW's 2027 insurance renewal, not immediate litigation outcomes. CHRW has achieved mid-cycle margins and productivity gains despite freight market weakness, driven by automation and cost reductions, positioning the business for future upside.

Investors interested in Transportation - Services stocks are likely familiar with TFI International Inc. (TFII) and C.H. Robinson Worldwide (CHRW).

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)---- $CHRW #CHRobinson--C.H. Robinson to Participate in Upcoming Investor Conferences.

Key Takeaways CHRW shares fell 30% in four weeks even as Q2 EPS rose 24.8% and adjusted margin reached 34.7%.Operating cash flow fell to $35.9 million as working-capital pressure from higher freight rates intensified.CHRW trades at 20.8X forward earnings, above its sub-industry's 15.3X despite the sharp share decline. C.H. Robinson Worldwide, Inc. (CHRW - Free Report) shares have plunged 30% over the past four weeks even as second-quarter earnings and operating profitability improved. The disconnect puts more weight on whether recent efficiency gains can hold through a difficult freight cycle.

The selloff may look tempting after better quarterly results, but cash conversion, leverage and valuation still complicate the recovery case. Freight pricing and capacity trends remain central to how much of CHRW’s operating progress can be sustained.

CHRW Q2 Strength Counters the SelloffSecond-quarter earnings of $1.61 per share increased 24.8% year over year and topped the Zacks Consensus Estimate of $1.53 by 5.2%. Revenues rose 19.3% to $4.93 billion and surpassed the consensus mark of $4.42 billion by 11.7%.

Adjusted income from operations advanced 19.5% to $263.2 million. Adjusted operating margin expanded 360 basis points to 34.7%, while operating expenses increased just 1%, indicating stronger profit conversion despite the weak freight backdrop.

CHRW Cash Flow and Debt Raise RiskCash generated from operations dropped to $35.9 million from $227.1 million a year earlier. A $227.3 million adverse swing in cash generated by changes in net operating working capital, driven by higher freight rates, was the main drag.

CHRW ended the quarter with $154.6 million in cash and cash equivalents and $1.68 billion of long-term debt. Debt increased from $1.34 billion at the end of the prior quarter, leaving balance-sheet flexibility as an important offset to the earnings improvement.

CHRW Freight Exposure Keeps Visibility UnevenManagement’s 2026 assumptions call for freight-market volume growth of negative 3% to positive 1%, along with continued market outperformance, optimized adjusted gross profit yields and ongoing productivity gains. That framework still depends on execution in an unsettled freight environment.

J.B. Hunt Transport Services, Inc.(JBHT - Free Report) also faced rising transportation costs in the second quarter, with purchased transportation expense up 54% in its Integrated Capacity Solutions segment. XPO, Inc. (XPO - Free Report) , meanwhile, reported 15.2% revenue growth and 43.2% operating-income growth in North American less-than-truckload, showing that freight conditions remain uneven across modes and business models.

CHRW Valuation Still Demands ExecutionCHRW trades at 20.8X forward 12-month earnings, above the Zacks sub-industry’s 15.3X and the transportation sector’s 14.6X. The stock’s valuation therefore still carries a premium despite the sharp recent decline.

Its forward multiple is also near the five-year median of 21.0X, versus a five-year range of 11.5X to 33.5X. The decline has reduced the share price, but it has not pushed the valuation into an unusually low historical range.

CHRW Signals Support a Cautious ViewThe 30% four-week decline leaves the shares at a lower price than a month ago, but the operating recovery still has to translate into steadier cash generation. Freight volatility and a higher debt load keep the setup from looking straightforward.

CHRW currently carries a Zacks Rank #3 (Hold), with a VGM Score of B, a Growth Score of B, a Momentum Score of B and a Value Score of C. The B grades are favorable within the Style Score framework, while the Hold rank and middling Value Score support a measured view rather than treating the decline alone as a clear buying signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways C.H. Robinson's Q2 EPS rose 24.8% to $1.61, beating the consensus estimate by 5.2%.CHRW's adjusted operating margin expanded 360 basis points to 34.7% on productivity gains.CHRW's premium valuation, $1.68B debt load and limited price-target upside temper the bull case. C.H. Robinson Worldwide (CHRW - Free Report) has a stronger fundamental case after a solid second-quarter earnings beat, improving profitability and continued shareholder returns. The stock’s sharp three-month pullback may draw investor attention, especially as earnings and margins move higher.

Still, the setup is not clearly compelling. CHRW trades at a premium to industry and sector benchmarks, carries rising debt and has only limited upside to the stated price target.

CHRW’s Earnings Beat Strengthens the CaseC.H. Robinson reported second-quarter 2026 earnings of $1.61 per share, up 24.8% year over year. The result topped the Zacks Consensus Estimate of $1.53 by 5.2%.

Revenues rose 19.3% year over year to $4.93 billion and exceeded the consensus mark of $4.42 billion by 11.7%. Higher pricing across truckload, LTL, air and ocean services supported the top-line gain.

C.H. Robinson Expands Operating MarginsProfitability improved faster than adjusted gross profit. Adjusted gross profits increased 6.5% year over year to $738.0 million, while adjusted income from operations advanced 19.5% to $263.2 million.

Adjusted operating margin expanded 360 basis points to 34.7%. That improvement came even as operating expenses rose 1% to $482.2 million, showing that cost optimization and productivity gains helped offset higher incentive compensation tied to strong operating performance.

The company’s earnings presentation also highlights the operating model behind the margin improvement. CHRW said it is using Lean principles and custom-built AI tools to streamline processes, reduce waste, decouple headcount growth from volume growth and drive operating leverage.

CHRW’s Valuation Offers Little Clear DiscountValuation limits the bull case. CHRW trades at 20.79X forward 12-month earnings, above 15.33X for the Zacks sub-industry and 14.62X for the broader transportation sector. It is also slightly above the S&P 500’s 20.34X multiple.

The stock is not far from its own historical norm either. Over the past five years, CHRW’s forward P/E has ranged from 11.49X to 33.46X, with a median of 20.98X. That makes the current multiple look fair to full rather than clearly discounted.

C.H. Robinson’s Price Target Caps the UpsideThe stated $151 price target compares with a reported share price of $143.83. That implies positive but limited appreciation potential.

The narrow spread matters because investors are being asked to pay near a historical median multiple while still relying on continued earnings execution. Shares have plunged 18% over the past three months, but they remain up 17.1% over the past year, so the pullback does not automatically make the stock cheap.

CHRW’s Leverage Tempers the Bull CaseThe balance sheet adds caution. CHRW ended the second quarter with $154.59 million in cash and cash equivalents, while long-term debt stood at $1.68 billion.

Cash-flow trends also weakened. Cash generated from operations fell to $35.9 million from $227.1 million in the year-ago quarter, mainly because higher freight rates drove a negative working-capital swing.

Shareholder returns remain a positive offset. In the second quarter, CHRW returned $301.3 million to shareholders, including $226 million of share repurchases and $75.3 million of dividends. However, higher leverage and working-capital demands reduce financial flexibility despite solid earnings. Apart from CHRW, other stocks like Schneider National, Inc. (SNDR - Free Report) and Expeditors (EXPD - Free Report) from the similar industry have also been consistently rewarding their shareholders.

C.H. Robinson’s Scores Favor SelectivityThe bottom line: C.H. Robinson’s earnings beat, margin expansion and capital returns support investor interest, especially after the stock’s recent pullback. But the valuation, debt load and limited price-target upside argue against an aggressive stance.

CHRW carries a Zacks Rank #3 (Hold), which supports patience. Its Growth, Momentum and VGM Score of B are constructive, but the C Value Score aligns with a stock trading near its historical median multiple and above industry valuation benchmarks. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics StocksC.H. Robinson Worldwide NASDAQ: CHRW executives said the company plans to appeal a large jury verdict tied to a fatal accident in Dallas, while maintaining that the outcome will not alter its operating strategy, capital allocation priorities or outlook for its brokerage business.

Speaking at the Chicago Industrials Summit, Chief Executive Officer Dave Bozeman said the company believes the verdict was driven by “emotion than fact” and that the evidence supports its position. He said the final judgment had not yet been entered and could come within 30 to 90 days, after which the company expects to begin its appeal process immediately.

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AI Broke the Trucks: 3 Transports to Buy After the AI PanicBozeman said the appeal could take 18 months to two years and potentially reach the Texas Supreme Court. He added that the presiding judge has discretion to alter elements of the decision before a final judgment is issued, though the company is not expecting that outcome.

Company Cites Carrier Safety Rating, Lack of Driver Contact In discussing the case, Bozeman said the carrier involved had a satisfactory Federal Motor Carrier Safety Administration rating both before and after the accident. He said only 6% of carriers hold that rating and noted that the carrier represented less than 5% of C.H. Robinson’s business while also serving other brokers and shippers.

Is the Grinch Stealing This Year's Holiday Season Jobs? Bozeman and Chief Financial Officer Damon Lee said C.H. Robinson had no communication with the driver and did not control the driver’s actions. Bozeman said the company rescheduled the relevant load for four days later and did not act as a motor carrier in the matter.

Lee said management believes the stock-price reaction assumes both that large “nuclear verdicts” will become routine and that the company will not prevail on appeal. “We don’t believe that’s likely,” Lee said, adding that the company has continued to repurchase its shares and views the price decline as an attractive investment entry point.

The executives argued that a sustained increase in such verdicts would represent a broader risk to logistics and U.S. commerce rather than a company-specific issue. Bozeman said brokers move about 30% of commerce and help connect shippers with small owner-operator carriers. The company is advocating for a federal reasonable-care standard through the Department of Transportation and the FMCSA, along with congressional action on liability rules.

Technology Strategy and Freight-Market Outlook Bozeman described freight demand as mixed, citing areas of activity in technology-related industrial projects and data centers but relatively flat conditions in housing, retail and consumer spending. He said the company remains cautiously optimistic on demand, while characterizing the recent freight-rate shift as primarily supply-driven.

Management said C.H. Robinson’s North American Surface Transportation business has outgrown the Cass Freight Index for 13 consecutive quarters. Lee attributed that performance to a combination of competitive pricing, service levels and the company’s “Lean AI” approach.

Lee said the company has automated responses to transactional freight-quote requests that were previously handled only 60% to 65% of the time. Under the current system, he said, customers receive responses 24 hours a day, seven days a week, while humans remain available to intervene when needed.

Bozeman said C.H. Robinson has automated repeatable back-office tasks such as tracking and quoting, rather than eliminating customer-facing support. He said the shift has enabled employees to focus on supply-chain solutions and customer relationships, contributing to a 60% productivity improvement since 2022.

Margins, Consolidation and Capital Allocation Lee said the company has established mid-cycle adjusted gross profit margin targets of 40% for North American Surface Transportation and 30% for Global Forwarding. He said reaching those levels provides more flexibility to pursue growth opportunities selectively while maintaining return standards.

The CFO said the company expects truckload spot rates to remain elevated as capacity leaves the market and regulatory conditions limit its return. Management also said legal and insurance pressures could accelerate consolidation among smaller brokers and carriers. Bozeman said more than 20% of brokers have exited in recent years amid broader market conditions, and Lee said shippers appear to be reducing the number of brokers they use in favor of larger providers.

On insurance, Lee said C.H. Robinson expects inflationary pressure but does not see the extreme increases suggested by some bearish scenarios in preliminary discussions with insurers. He said the company has managed elevated insurance costs for years and expects any broad increase in freight-related costs ultimately to be reflected in freight pricing.

Management also highlighted its less-than-truckload business, which Lee said generates more than $3 billion in revenue and has continued to gain share. The company said its ability to optimize shipments between truckload and LTL services provides flexibility that pure-play providers may not have.

Looking ahead, Bozeman said C.H. Robinson intends to continue applying its operating model to Global Forwarding, pursue innovation and evaluate acquisitions with financial discipline. Lee said the company’s capital allocation strategy remains unchanged following the verdict, including opportunistic share repurchases and consideration of both tuck-in and larger-scale acquisition opportunities.

About C.H. Robinson Worldwide (NASDAQ:CHRW)C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world's largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company's primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Should You Invest $1,000 in C.H. Robinson Worldwide Right Now?Before you consider C.H. Robinson Worldwide, you'll want to hear this.

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EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--C.H. Robinson Worldwide, Inc. (“C.H. Robinson”) (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 63 cents ($0.63) per share, payable on October 2, 2026, to shareholders of record on September 4, 2026.

C.H. Robinson has distributed uninterrupted dividends that have increased annually on a per share basis for more than twenty-five years. As of August 5, 2026, there were approximately 116,764,309 shares outstanding.

About C.H. Robinson

C.H. Robinson is the global leader in Lean AI supply chains. For more than a century, companies everywhere have looked to us to reimagine how goods move. Now, as we redefine what’s next for the industry, that same drive fuels our commitment to Building Tomorrow’s Supply Chains, Today™. Trusted by 75,000 customers and 450,000 contract carriers, we manage 37 million shipments annually, representing $23 billion in freight. We deliver tailored solutions across the world via truckload, less-than-truckload, ocean, air, and more. With our unique combination of human insight and Lean AI working as one, supply chains move faster, smarter, and more sustainably. As a responsible global citizen, we proudly contribute millions to the causes that matter most to our employees. For more information, visit us at chrobinson.com (Nasdaq: CHRW).

CHRW-IR

More News From C.H. Robinson

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)---- $CHRW #CHRobinson--C.H. Robinson to Participate in Deutsche Bank Industrials Summit.

Posted by Defense World Staff on Aug 1st, 2026

Arrowstreet Capital Limited Partnership purchased a new position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 66,217 shares of the transportation company’s stock, valued at approximately $10,997,000. Arrowstreet Capital Limited Partnership owned 0.06% of C.H. Robinson Worldwide at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Bank of Jackson Hole Trust acquired a new position in C.H. Robinson Worldwide in the 4th quarter worth $25,000. Millstone Evans Group LLC increased its position in shares of C.H. Robinson Worldwide by 79.8% during the first quarter. Millstone Evans Group LLC now owns 160 shares of the transportation company’s stock worth $27,000 after acquiring an additional 71 shares during the last quarter. DV Equities LLC acquired a new position in shares of C.H. Robinson Worldwide in the fourth quarter worth about $27,000. CYBER HORNET ETFs LLC purchased a new position in C.H. Robinson Worldwide in the second quarter valued at about $30,000. Finally, Cornerstone Planning Group LLC grew its stake in C.H. Robinson Worldwide by 57.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 184 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 67 shares in the last quarter. 93.15% of the stock is currently owned by institutional investors and hedge funds.

C.H. Robinson Worldwide Stock Up 0.6% CHRW stock opened at $147.73 on Friday. The firm’s 50-day moving average is $186.26 and its two-hundred day moving average is $180.59. The company has a market capitalization of $17.41 billion, a price-to-earnings ratio of 28.19, a price-to-earnings-growth ratio of 1.26 and a beta of 0.91. C.H. Robinson Worldwide, Inc. has a 52 week low of $104.95 and a 52 week high of $210.33. The company has a current ratio of 1.58, a quick ratio of 1.59 and a debt-to-equity ratio of 1.04.

C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The transportation company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.08. C.H. Robinson Worldwide had a net margin of 3.73% and a return on equity of 38.36%. The business had revenue of $4.93 billion during the quarter, compared to analysts’ expectations of $4.35 billion. During the same period last year, the firm posted $1.29 earnings per share. The business’s revenue was up 19.3% on a year-over-year basis. On average, analysts forecast that C.H. Robinson Worldwide, Inc. will post 6.15 earnings per share for the current fiscal year.

C.H. Robinson Worldwide Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, June 5th. C.H. Robinson Worldwide’s dividend payout ratio (DPR) is presently 48.09%.

More C.H. Robinson Worldwide News Here are the key news stories impacting C.H. Robinson Worldwide this week:

Positive Sentiment: Second-quarter results exceeded expectations. CHRW reported adjusted earnings of $1.61 per share versus the $1.53 consensus, while revenue rose 19.3% year over year to $4.93 billion, well above estimates of $4.35 billion. Profit increased to $186.8 million from $152.5 million a year earlier, helped by improved pricing, market-share gains and productivity benefits from Lean and AI initiatives. Reuters earnings report Positive Sentiment: Pricing and operating improvements support profitability. Analysts highlighted stronger pricing and the company’s ability to grow faster than the broader market, partially offsetting softer freight conditions and weaker cash flow. Zacks earnings analysis Neutral Sentiment: Capital spending is expected to remain modest. CHRW forecasts 2026 capital expenditures of $65 million to $75 million. The company also continues to face a legal appeal process, creating an additional uncertainty investors will monitor. Capex and legal update Negative Sentiment: Management warned of slower industry volume growth. This guidance raises concerns that freight demand may weaken, potentially limiting future revenue and earnings growth even if pricing remains favorable. Industry volume warning Negative Sentiment: Analyst estimates and valuation concerns are weighing on sentiment. TD Cowen and Robert W. Baird lowered their expectations, while Stephens reduced its price target to $215 despite maintaining an overweight rating. A separate valuation review characterized CHRW as still overvalued, and a comparison with TFI International may make value investors question CHRW’s relative appeal. Stephens price-target update Analysts Set New Price Targets Several brokerages have weighed in on CHRW. TD Cowen decreased their price objective on shares of C.H. Robinson Worldwide from $155.00 to $152.00 and set a “hold” rating for the company in a report on Tuesday. Janney Montgomery Scott set a $155.00 price target on shares of C.H. Robinson Worldwide in a research report on Tuesday. Wolfe Research set a $196.00 price target on C.H. Robinson Worldwide in a research note on Thursday. Raymond James Financial set a $192.00 price objective on C.H. Robinson Worldwide in a report on Thursday. Finally, UBS Group upped their price objective on C.H. Robinson Worldwide from $224.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $197.08.

Read Our Latest Research Report on CHRW

C.H. Robinson Worldwide Company Profile (Free Report)

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.

Featured Articles Five stocks we like better than C.H. Robinson Worldwide Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case Apple’s Record Quarter Could Not Outrun Its Guidance Problem McKesson’s Compounding Keeps Adding Up Want to see what other hedge funds are holding CHRW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Free Report).

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Investors with an interest in Transportation - Services stocks have likely encountered both TFI International Inc. (TFII - Free Report) and C.H. Robinson Worldwide (CHRW - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Currently, TFI International Inc. has a Zacks Rank of #1 (Strong Buy), while C.H. Robinson Worldwide has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that TFII likely has seen a stronger improvement to its earnings outlook than CHRW has recently. However, value investors will care about much more than just this.

Value investors also tend to look at a number of traditional, tried-and-true figures to help them find stocks that they believe are undervalued at their current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

TFII currently has a forward P/E ratio of 22.17, while CHRW has a forward P/E of 23.88. We also note that TFII has a PEG ratio of 0.83. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CHRW currently has a PEG ratio of 1.26.

Another notable valuation metric for TFII is its P/B ratio of 4.04. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, CHRW has a P/B of 10.64.

These are just a few of the metrics contributing to TFII's Value grade of B and CHRW's Value grade of C.

TFII has seen stronger estimate revision activity and sports more attractive valuation metrics than CHRW, so it seems like value investors will conclude that TFII is the superior option right now.

30.7.2026 22:05

Na konci obchodní seance již nedošlo k výraznějším změnám trendu. Výsledkem je, že indexy končí výrazně v zeleném. Růstu vévodil technologický sektor tlačený především čipovými společnostmi. Micron zakončil krásným obratem (+18,36 %) AMD přidalo (+13 %). Zároveň i ostatní technologické společnosti těžili z rapidního růstu Microsoftu, který potěšil silnými kvartálními výsledky. Proti tomuto proudu šla Meta, která skončila výprodejem (-7,98 %). Amazon po zavření přidává v aftermarketu již + 6 %

Do záporu se nakonec otočila ropa, přičemž WTI pokleslo o (-0,96 %). Cenné kovy těžily z informací o inflaci a zakončili růstově, zlato přidalo (+1,85 %).

Index Dow Jones +1,19 % na 52209,57 b.
S&P 500 +1,66 % na 7437,96 b.
Nasdaq Composite +2,78 % na 25122,18 b.

Index S&P 500 +1,66 % na 7437,96 b. Nejsilnější sektory S&P Změna Nejslabší sektory S&P Změna Informační technologie +5,2 % Komunikační služby -2,5 % Zbytná spotřeba +1,6 % Nezbytná spotřeba -2,2 % Průmysl +1 % Zdravotní péče -1,6 % Nejsilnější akcie S&P Změna Nejslabší akcie S&P Změna Sandisk Corp (SNDK) +26 % Fair Isaac Corp (FICO) -17 % EMCOR Group (EME) +19 % CH Robinson Worldwide (CHRW) -15 % Micron Technology (MU) +18 % Norwegian Cruise Line Holdings (NCLH) -9,8 % Lam Research Corp (LRCX) +18 % Altria Group (MO) -9,3 % Quanta Services (PWR) +17 % L3Harris Technologies (LHX) -8,6 %
Jan Pazourek, Fio banka, a.s.

C.H. Robinson Worldwide, Inc. (CHRW) Q2 2026 Earnings Call July 29, 2026 5:30 PM EDT

Company Participants

Charles Ives - Senior Director of Investor Relations
David Bozeman - President, CEO & Director
Michael Castagnetto - President of North American Surface Transportation
Arun Rajan - Chief Strategy & Innovation Officer
Damon Lee - Chief Financial Officer

Conference Call Participants

Thomas Wadewitz - UBS Investment Bank, Research Division
Jeffrey Kauffman - Citizens JMP Securities, LLC, Research Division
Ken Hoexter - BofA Securities, Research Division
Bascome Majors - Stephens Inc., Research Division
Scott Group - Wolfe Research, LLC
Jonathan Chappell - Evercore ISI Institutional Equities, Research Division
Stephanie Benjamin Moore - Jefferies LLC, Research Division
Richa Talwar - Deutsche Bank AG, Research Division

Presentation

Operator

Good afternoon, ladies and gentlemen, and welcome to the C.H. Robinson Second Quarter 2026 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded Wednesday, July 29, 2026.

I would now like to turn the conference over to Chuck Ives, Senior Director of Investor Relations.

Charles Ives
Senior Director of Investor Relations

Thank you, operator, and good afternoon, everyone. On the call with me today is Dave Bozeman, our President and Chief Executive Officer; Michael Castagnetto, our President of North American Surface Transportation; Arun Rajan, our Chief Strategy and Innovation Officer; and Damon Lee, our Chief Financial Officer.

I'd like to remind you that our remarks today contain forward-looking statements. Slide 2 in today's presentation list factors that could cause our actual results to differ from management's expectations.

Our earnings presentation slides are supplemental to our earnings release and can be found in the Investors section of our website at investor.chrobinson.com.

Today's remarks also contain certain non-GAAP measures, and reconciliations of those measures to GAAP measures are included in the presentation.

With that, I'll turn the call over to Dave.

David Bozeman
President, CEO & Director

AI Broke the Trucks: 3 Transports to Buy After the AI PanicC.H. Robinson Worldwide NASDAQ: CHRW said its second-quarter performance reflected continued market-share gains, productivity improvements and stronger operating leverage despite a freight-demand environment that remained weak and a sharp rise in truckload spot costs.

President and Chief Executive Officer Dave Bozeman said the company reached its mid-cycle operating-margin targets in both its North American Surface Transportation, or NAST, and Global Forwarding segments during the quarter. The Cass Freight Shipment Index declined 3.3% year over year in the second quarter, marking the 15th consecutive quarter of year-over-year declines, according to management.

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Is the Grinch Stealing This Year's Holiday Season Jobs? “Despite being in the trough of the freight market demand cycle,” Bozeman said, the company delivered results supported by its Lean AI strategy, which combines lean operating practices with internally developed artificial-intelligence tools and logistics expertise.

Revenue, profit and productivity trends Total revenue rose 19.3% year over year in the second quarter, while adjusted gross profit, or AGP, increased 6.5%, Chief Financial Officer Damon Lee said. Adjusted operating income increased 20% from a year earlier, according to Bozeman.

Lee said AGP per business day increased 9% year over year in April, 7% in May and 3% in June. Absolute AGP per business day increased sequentially in each month of the quarter, primarily because of an improving trend in Global Forwarding.

The company reported a 96% incremental operating margin in the quarter, meaning 96% of the year-over-year increase in AGP flowed through to adjusted operating income. NAST’s operating margin, excluding restructuring charges, expanded 280 basis points from a year earlier to 40.9%. Global Forwarding’s comparable margin rose 470 basis points to 33.4%.

Management attributed the improvement to productivity gains, cost optimization and revenue-management practices. NAST shipments per person per day rose 15% year over year in the second quarter and have increased more than 60% since the end of 2022, the company said. Global Forwarding productivity improved by more than 15% during the quarter.

Personnel expenses totaled $338.5 million, including $8 million of restructuring charges tied to workforce reductions. Excluding those charges, personnel expenses fell 0.3% year over year to $330.5 million. Average headcount declined 10.8% from the prior-year quarter and 2% sequentially.

NAST outgrows market amid higher spot costs NAST volume increased 1.5% year over year, outperforming the 3.3% decline in the Cass Freight Shipment Index. The quarter represented the 13th consecutive period in which NAST volume growth exceeded the index, Bozeman said.

Truckload volume grew about 0.5%, while less-than-truckload, or LTL, volume rose approximately 2%. Michael Castagnetto, president of North American Surface Transportation, said contractual truckload volume grew as the company won a higher percentage of contractual bids. Contract freight represented about 70% of truckload volume, compared with 65% a year earlier.

The market’s supply-driven tightening pressured the company’s contractual margins. Excluding fuel, DAT spot rates increased approximately 34% year over year in the second quarter, accelerating from an approximately 19% increase in the first quarter. C.H. Robinson’s truckload line-haul cost per mile increased 29% from a year earlier.

Even so, the company held truckload AGP per shipment approximately flat year over year. Castagnetto said the result reflected contractual repricing efforts, improved price and cost discovery, and higher-margin transactional business.

NAST gross margin percentage declined during the quarter, partly because higher fuel costs are passed through to customers in the truckload brokerage model. Higher revenue per load also reduced the gross-margin percentage even as AGP per shipment remained flat.

For the full year, management now expects DAT drive-in spot rates to increase 34% year over year, up from its forecast of a 17% increase three months earlier. Contractual repricing is expected to continue in the third quarter, while spot rates are expected to remain elevated and rise again during the fourth-quarter holiday period.

AI strategy and Global Forwarding Chief Strategy and Innovation Officer Arun Rajan said the company has more than 450 in-house engineers and data scientists and is deploying hundreds of AI agents for specific functions across the shipment life cycle. The company said human employees remain involved in areas requiring judgment, exception management and customer-specific considerations.

Rajan highlighted the company’s Lean AI Engineer and Lean AI Planner tools in its 4PL Managed Solutions operation. He said Lean AI Engineer can assess a supply chain in 25 to 30 minutes, compared with assessments that can take up to four weeks.

In Global Forwarding, management said it is simplifying and standardizing workflows while rolling out AI-powered automations intended to reduce manual work, improve data quality and identify issues sooner. Lee said the company views Global Forwarding’s 30% mid-cycle margin target as sustainable.

Guidance, capital allocation and legal matter Management maintained its 2026 operating-income target range of $964 million to $1.04 billion. Lee said the company now expects to achieve the lower end of that range with market conditions reflecting a 3% contraction, rather than the flat market assumption used when the target was established. The Cass Freight Shipment Index was down 4.7% in the first half of 2026.

2026 personnel expenses are expected toward the higher end of the company’s $1.25 billion to $1.35 billion range, reflecting higher incentive compensation. Expected 2026 SG&A expense was narrowed to $540 million to $580 million from $540 million to $590 million. Capital-expenditure expectations were lowered to $65 million to $75 million from $75 million to $85 million. The company ended the quarter with about $900 million of liquidity and a net debt-to-EBITDA ratio of 1.64 times. C.H. Robinson generated $35.9 million in operating cash flow during the quarter, which Lee said was affected by higher freight rates and a resulting increase in receivables and working capital. The company returned $301.3 million to shareholders, including $226 million in share repurchases and $75.3 million in dividends. It also allocated $79 million for acquisitions, including its June acquisition of DeSpir Logistics.

Bozeman also addressed a recent Texas jury advisory verdict related to a trucking accident. He said the company strongly disagrees with the verdict and would appeal if it is entered as final. Bozeman said the carrier involved was an independent motor carrier, that its driver was not employed by C.H. Robinson, and that the carrier held the highest Federal Motor Carrier Safety Administration rating when C.H. Robinson selected it and after a federal review of the accident.

Management said the final outcome remains subject to post-trial motions, appeals and other legal proceedings. Lee said the company is insured through the end of 2026 and expects insurance costs to rise over time, but said the verdict does not alter its capital-allocation approach or M&A strategy.

About C.H. Robinson Worldwide (NASDAQ:CHRW)C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world's largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company's primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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EDEN PRAIRIE, Minn.--(BUSINESS WIRE)---- $CHRW #CHRobinson--C.H. Robinson Reports 2026 Second Quarter Results.

The freight brokerage company reported second-quarter profit of $186.8 million, compared with $152.5 million a year earlier.

Posted by Defense World Staff on Jul 26th, 2026

Dimensional Fund Advisors LP grew its position in shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Free Report) by 2.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,094,992 shares of the transportation company’s stock after purchasing an additional 25,674 shares during the quarter. Dimensional Fund Advisors LP owned 0.93% of C.H. Robinson Worldwide worth $181,810,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of Jackson Hole Trust bought a new position in C.H. Robinson Worldwide during the fourth quarter valued at about $25,000. Millstone Evans Group LLC raised its position in C.H. Robinson Worldwide by 79.8% in the first quarter. Millstone Evans Group LLC now owns 160 shares of the transportation company’s stock worth $27,000 after acquiring an additional 71 shares in the last quarter. DV Equities LLC bought a new stake in C.H. Robinson Worldwide in the fourth quarter worth about $27,000. CYBER HORNET ETFs LLC acquired a new stake in C.H. Robinson Worldwide in the 2nd quarter valued at about $30,000. Finally, Cornerstone Planning Group LLC lifted its holdings in C.H. Robinson Worldwide by 57.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 184 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 67 shares during the last quarter. Institutional investors own 93.15% of the company’s stock.

C.H. Robinson Worldwide Price Performance NASDAQ CHRW opened at $186.51 on Friday. The stock’s 50-day moving average price is $187.53 and its two-hundred day moving average price is $180.77. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.79. The company has a market cap of $21.98 billion, a PE ratio of 37.76, a PEG ratio of 1.60 and a beta of 0.91. C.H. Robinson Worldwide, Inc. has a 1 year low of $96.89 and a 1 year high of $210.33.

C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The transportation company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.11. C.H. Robinson Worldwide had a net margin of 3.70% and a return on equity of 35.49%. The company had revenue of $4.01 billion during the quarter, compared to analyst estimates of $4.05 billion. During the same period in the prior year, the firm earned $1.17 earnings per share. The business’s quarterly revenue was down .9% on a year-over-year basis. On average, analysts predict that C.H. Robinson Worldwide, Inc. will post 6.12 EPS for the current year.

C.H. Robinson Worldwide Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 5th were given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, June 5th. C.H. Robinson Worldwide’s dividend payout ratio is 51.01%.

Wall Street Analysts Forecast Growth Several research firms have recently weighed in on CHRW. Barclays raised their price objective on shares of C.H. Robinson Worldwide from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings lowered shares of C.H. Robinson Worldwide from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. Citigroup assumed coverage on shares of C.H. Robinson Worldwide in a research note on Wednesday, July 15th. They set a “market outperform” rating for the company. UBS Group raised their target price on shares of C.H. Robinson Worldwide from $224.00 to $230.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Finally, Citizens Jmp assumed coverage on shares of C.H. Robinson Worldwide in a research report on Wednesday, July 15th. They issued a “market perform” rating and a $235.00 price target on the stock. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.46.

Read Our Latest Report on C.H. Robinson Worldwide

C.H. Robinson Worldwide Profile (Free Report)

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.

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Key Takeaways C.H. Robinson is set to report Q2 results on July 29, with earnings and revenues seen rising y/y. CHRW faces soft freight demand, higher spot and fuel costs, and pressure on truckload margins. C.H. Robinson's disciplined revenue management and strong LTL performance support its prospects. C.H. Robinson Worldwide (CHRW - Free Report)  is scheduled to report second-quarter 2026 results on July 29, after market close.

The Zacks Consensus Estimate for the second-quarter 2026 earnings has been revised upward by 1.34% over the past 60 days to $1.51 per share. The consensus mark indicates a 17.05% increase from the second-quarter 2025 actuals. The Zacks Consensus Estimate for second-quarter 2026 revenues is pegged at $4.37 billion, indicating a 5.6% increase from second-quarter 2025 actuals. 

C.H. Robinson has an encouraging earnings surprise history. The company’s earnings have outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 9.37%.

Let’s see how things have shaped up for C.H. Robinson this earnings season.

Factors Likely to Have Influenced CHRW's Q2 PerformanceWe expect CHRW's performance in the to-be-reported quarter to have faced pressure from soft freight demand, elevated truckload spot market costs, lower ocean freight rates due to excess vessel capacity and continued geopolitical and trade-related disruptions affecting global shipping networks.

The Zacks Consensus Estimate for Global Forwarding’s second-quarter 2026 revenues is pegged at $786.04 million, indicating a 1.5% decrease from the year-ago reported figure. For All Other and Corporate (Robinson Fresh, Managed Services and Other Surface Transportation), the second-quarter 2026 revenues are pegged at $412.58 million, indicating a 2% decline from the year-ago reported figure.

Elevated truckload spot market costs, supply-driven capacity constraints, higher fuel costs, rising carrier operating expenses and continued pressure on contractual truckload margins are expected to have put a strain on CHRW's performance in the June-end quarter.

On the contrary, the company's disciplined revenue management practices, coupled with strong LTL performance, are expected to have supported its prospects. The Zacks Consensus Estimate for second-quarter 2026 North American Surface Transportation revenues is pegged at $3.07 billion, indicating a 5.1% increase from the year-ago reported figure.

What Our Model Says About CHRWOur proven model does not predict an earnings beat for C.H. Robinson this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Which is not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

CHRW has an Earnings ESP of -1.23% and a Zacks Rank #3 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Highlights of CHRW’s Q1 ResultsCHRW reported mixed first-quarter 2026 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the same.

Quarterly earnings per share (EPS) of $1.35 outpaced the Zacks Consensus Estimate of $1.24 and improved 15.4% year over year. Total revenues of $4.01 billion missed the Zacks Consensus Estimate of $4.08 billion and fell 0.8% year over year.

Stocks to ConsiderHere are a few stocks from the broader Zacks Transportation sector that investors may consider, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.

Herc Holdings Inc. (HRI - Free Report) has an Earnings ESP of +14.47% and a Zacks Rank #3 at present. HRI is scheduled to report second-quarter 2026 results on July 28, before the market opens.

The Zacks Consensus Estimate for the second-quarter 2026 earnings has been revised upward by 7.04% over the past 60 days to 76 cents per share. The Zacks Consensus Estimate for revenues is pegged at $1.15 billion, indicating a 16.75% increase from the second-quarter 2025 actuals. 

Schneider National (SNDR - Free Report) has an Earnings ESP of +1.50% and a Zacks Rank #1 at present. SNDR is scheduled to report second-quarter 2026 earnings on July 30.

The Zacks Consensus Estimate for second-quarter 2026 earnings has remained flat at 22 cents over the past 60 days. SNDR’s earnings beat the Zacks Consensus Estimate in one of the preceding four quarters (missing the mark twice and met the mark once in the remaining three quarters). The average miss is 17.97%.

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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: C.H. Robinson Worldwide (CHRW - Free Report) Based in Minnesota, C.H. Robinson Worldwide, Inc. is a third-party logistics company. As an asset-light transportation provider, it offers freight transportation services and logistics solutions across industries. The company’s services range from commitments on a specific shipment to more comprehensive and integrated relationships.

CHRW is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Additionally, the company could be a top pick for growth investors. CHRW has a Growth Style Score of A, forecasting year-over-year earnings growth of 20% for the current fiscal year.

For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $6.11 per share. CHRW boasts an average earnings surprise of +9.4%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CHRW should be on investors' short list.

Posted by _ _xnake on Jul 17th, 2026

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW – Get Free Report)’s stock price reached a new 52-week high during trading on Thursday after Truist Financial raised their price target on the stock from $210.00 to $215.00. Truist Financial currently has a buy rating on the stock. C.H. Robinson Worldwide traded as high as $208.70 and last traded at $204.1890, with a volume of 395050 shares changing hands. The stock had previously closed at $197.50.

A number of other equities research analysts have also issued reports on CHRW. Raymond James Financial lowered their target price on C.H. Robinson Worldwide from $210.00 to $203.00 and set an “outperform” rating for the company in a research note on Thursday, July 2nd. Citigroup started coverage on C.H. Robinson Worldwide in a research report on Wednesday. They set a “market outperform” rating on the stock. Susquehanna upped their price target on C.H. Robinson Worldwide from $215.00 to $226.00 and gave the stock a “positive” rating in a report on Tuesday. BMO Capital Markets increased their price objective on shares of C.H. Robinson Worldwide from $180.00 to $190.00 and gave the company a “market perform” rating in a research report on Monday. Finally, Weiss Ratings lowered shares of C.H. Robinson Worldwide from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, C.H. Robinson Worldwide presently has an average rating of “Moderate Buy” and an average target price of $198.62.

Read Our Latest Analysis on CHRW

Key Headlines Impacting C.H. Robinson Worldwide Here are the key news stories impacting C.H. Robinson Worldwide this week:

Positive Sentiment: Truist Financial raised its price target on C.H. Robinson Worldwide to $215 from $210 and reiterated a buy rating, signaling continued confidence in the company’s outlook. Truist price target raise report Positive Sentiment: Stifel Nicolaus also lifted its price target to $215 from $207 and kept a buy rating, adding to the bullish analyst momentum. Stifel price target raise report Positive Sentiment: Citizens JMP initiated coverage with a market perform rating and a $235 target, which is above the current trading level and may still support investor sentiment. Citizens JMP coverage initiation Neutral Sentiment: A Zacks comparison article weighing ZTO Express against CHRW highlights valuation considerations, but it does not appear to include a major new catalyst for the stock. Zacks comparison article Neutral Sentiment: Susquehanna issued a positive forecast for C.H. Robinson Worldwide, reinforcing expectations that analysts see room for further upside. Susquehanna forecast report Institutional Inflows and Outflows Institutional investors have recently modified their holdings of the business. Jones Kertz & Associates Inc. bought a new stake in shares of C.H. Robinson Worldwide in the fourth quarter worth $1,557,000. Massachusetts Financial Services Co. MA bought a new position in C.H. Robinson Worldwide during the 4th quarter valued at $3,699,000. New York State Teachers Retirement System boosted its stake in C.H. Robinson Worldwide by 6.0% during the 4th quarter. New York State Teachers Retirement System now owns 104,269 shares of the transportation company’s stock valued at $16,762,000 after acquiring an additional 5,877 shares during the last quarter. Contravisory Investment Management Inc. acquired a new position in C.H. Robinson Worldwide during the 4th quarter worth $965,000. Finally, Swiss Life Asset Management Ltd grew its holdings in C.H. Robinson Worldwide by 74.3% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 83,796 shares of the transportation company’s stock worth $11,095,000 after acquiring an additional 35,715 shares in the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.

C.H. Robinson Worldwide Price Performance The company’s 50-day moving average price is $182.97 and its two-hundred day moving average price is $179.14. The company has a market cap of $24.25 billion, a P/E ratio of 41.65, a P/E/G ratio of 1.70 and a beta of 0.91. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.79.

C.H. Robinson Worldwide (NASDAQ:CHRW – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The transportation company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.24 by $0.11. The business had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $4.05 billion. C.H. Robinson Worldwide had a net margin of 3.70% and a return on equity of 35.49%. The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter last year, the company posted $1.17 earnings per share. As a group, sell-side analysts expect that C.H. Robinson Worldwide, Inc. will post 6.11 earnings per share for the current year.

C.H. Robinson Worldwide Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 5th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, June 5th. This represents a $2.52 annualized dividend and a yield of 1.2%. C.H. Robinson Worldwide’s dividend payout ratio is presently 51.01%.

C.H. Robinson Worldwide Company Profile (Get Free Report)

C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world’s largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.

The company’s primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.

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Investors interested in Transportation - Services stocks are likely familiar with ZTO Express (Cayman) Inc. (ZTO - Free Report) and C.H. Robinson Worldwide (CHRW - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

Right now, ZTO Express (Cayman) Inc. is sporting a Zacks Rank of #1 (Strong Buy), while C.H. Robinson Worldwide has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that ZTO has an improving earnings outlook. But this is just one factor that value investors are interested in.

Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

ZTO currently has a forward P/E ratio of 11.80, while CHRW has a forward P/E of 32.68. We also note that ZTO has a PEG ratio of 0.87. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CHRW currently has a PEG ratio of 1.72.

Another notable valuation metric for ZTO is its P/B ratio of 1.49. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, CHRW has a P/B of 13.81.

These are just a few of the metrics contributing to ZTO's Value grade of B and CHRW's Value grade of D.

ZTO is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that ZTO is likely the superior value option right now.

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)---- $CHRW #CHRobinson--C.H. Robinson Second Quarter 2026 Earnings Release and Conference Call Scheduled for Wednesday, July 29, 2026.

The Zacks Transportation-Services industry continues to face a tough operating environment. Headwinds like weak freight rates, high inflation, and ongoing and geopolitical woes continue to hurt prospects. Even with the interim agreement between the United States and Iran, economic uncertainty remains firmly in place and investor sentiment continues to fluctuate. Adding to these concerns is the prolonged Russia-Ukraine conflict, which has intensified.

 That said, there remains an underlying case for long-term optimism. Supported by strong fundamentals, companies such as Expeditors International of Washington (EXPD - Free Report) , C.H. Robinson Worldwide (CHRW - Free Report) and ZTO Express (Cayman) (ZTO - Free Report) are worth keeping an eye on. They are well-positioned to overcome the obstacles and capitalize on opportunities when industry conditions improve.

About the Industry The companies belonging to the Zacks Transportation-Services industry offer transporters, logistics, leasing and maintenance services. Some industry players focus on the business of global logistics management, including international freight forwarding. Third-party logistics entities provide innovative supply-chain solutions. They also focus on services like product sourcing, warehousing and freight shipping. These companies have expertise in trucking, air and ocean transportation. Some players in this industry deliver domestic and international express delivery services. The well-being of the companies in this industrial cohort is directly proportional to the health of the economy. An uptick in manufactured and retail goods, favorable pricing and improvement in global economic conditions bode well for industry participants.

3 Trends Shaping the Future of the Transportation-Services Industry Freight Downturn Persists: Although economic activities picked up from the pandemic gloom, lingering supply-chain disruptions continue to dent stocks in the industry. Below-par freight rates led by the oversupply of capacity are squeezing profit margins, thereby denting the industry’s prospects. Highlighting the weak freight demand, the Cass Freight Shipments Index declined 1.2% year over year in May. This measure has deteriorated year over year each of the past nine months, which confirms the overall declining trend.

Economic Uncertainty Refuses to Fade: The industry’s prospects are highly correlated with the prevalent economic health. Volatile inflation data, geopolitical tensions and labor market concerns have dented consumer confidence and have time and again unsettled markets. In its latest policy meeting, the Fed did not go for a rate cut but held rates at 3.50-3.75%. The central bank, while adopting a hawkish stance, also trimmed its 2026 GDP growth forecast to 2.2% from 2.4%. The recent intensification of the prolonged Russia-Ukraine conflict has aggravated the uncertain scenario.

Cost Cuts to Boost Margins: The industry is facing input cost inflation, transport and logistics costs, and the impact of tariffs. Industry players are constantly implementing cost-reduction actions, which are likely to help sustain margins in this scenario. The companies are focused on streamlining their operations and realigning around high-growth key markets or customer segments to enhance performance.

Zacks Industry Rank Indicates Dull Prospects The Zacks Transportation-Services industry is a 20-stock group within the broader Zacks Transportation sector. The industry currently carries a Zacks Industry Rank #161, which places it in the bottom 35% of 247 Zacks industries.

The group’s Zacks Industry Rank, the average of the Zacks Rank of all member stocks, indicates dismal near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

The industry’s position in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gradually losing confidence in this group’s earnings growth potential. The industry's earnings estimate for 2026 has decreased 10% year over year.

Before we present a few stocks from the industry that you may want to retain or buy, let’s take a look at the industry’s recent stock market performance and the valuation picture. 

Industry Lags S&P 500 and Sector The Zacks Transportation-Services industry has underperformed the Zacks S&P 500 composite and the broader Transportation sector in a year.

The industry has improved 15.3% over this period compared with the S&P 500's appreciation of 24.4% and the broader sector’s uptick of 22.3%.

One-Year Price Performance

Industry's Current Valuation Based on the forward 12-month price-to-sales, a commonly used multiple for valuing transportation services stocks, the industry is currently trading at 1.56X compared with the S&P 500's 5.01X. The value is higher than the sector's trailing 12-month P/S of 1.49X.

Over the past five years, the industry has traded as high as 3.16X, as low as 1.44X and at the median of 1.85X.

Price-to-Sales Ratio (F12M)

3 Transport Services Stocks to Watch Now Expeditors, a leading third-party logistics provider, is based in Seattle, WA. The company currently sports a Zacks Rank# 1 (Strong Buy). EXPD’s earnings beat the Zacks Consensus Estimate in each of the past four quarters, with an average surprise of 14%.

While weak volumes (concerning air-freight tonnage and ocean containers) stemming from soft demand and declining rates are hurting EXPD’s performance, efforts to cut costs in the face of demand weakness are driving its bottom line.

Price and Consensus: EXPD

You can see the complete list of today’s Zacks #1 Rank stocks here.    

ZTO Express is a leading player in the field of express delivery in China. This Shanghai-based company went public in 2016. ZTO Express and its network partners provide domestic and international express delivery services. Other value-added services supplement the offerings. In China, it mainly focuses on providing express deliveries of parcels, which mostly weigh below 50 kilograms. The expected delivery time ranges from 24-72 hours.

ZTO Express carries a Zacks Rank #2 (Buy). The company has a long-term earnings growth expectation of 13.5%, primarily driven by parcel volume. ZTO Express expects its 2026 parcel volume guidance to be in the range of 42.37-43.52 billion, reflecting an increase of 10-13% year over year.

Price and Consensus: ZTO

C.H. Robinson’s consistent initiatives to reward shareholders through dividends and share repurchases are encouraging. Such shareholder-friendly moves instill investor confidence and positively impact the company's bottom line. A decrease in operating expenses aids CHRW's bottom-line growth.

C.H. Robinson currently carries a Zacks Rank #3 (Hold). CHRW’s AI integration drives real-time pricing, costing and automation through a powerful mix of machine learning, large language models and autonomous agents. By acting on live supply-demand signals with humans in the loop, CHRW boosts margins, speeds execution and strengthens its competitive edge across quoting, booking, tracking and payments.

Price and Consensus: CHRW

Key Takeaways CHRW completed its nearly $75M cash acquisition of DeSpir Logistics on June 22, 2026.CHRW expects the deal to be slightly accretive to earnings in 2026 and expand premium services.CHRW gains security-focused carriers and tech for cargo monitoring, visibility, and analytics. C.H. Robinson (CHRW - Free Report)  is strengthening its logistics operations and technological expertise through strategic acquisitions. To this end, C.H. Robinson announced that it has completed the acquisition of DeSpir Logistics for almost $75 million in cash. The transaction was officially completed on June 22, 2026, and will be financed through cash on hand.

DeSpir Logistics is a provider of secure transportation solutions and cargo escort services for mission-critical, high-value freight across North America. DeSpir Logistics had $62 million in total revenues as of Dec. 31, 2025.

How Will C.H. Robinson Benefit?The purchase of DeSpir Logistics is anticipated to be slightly accretive to earnings in 2026.

The purchase enhances C.H. Robinson’s portfolio of premium logistics services, especially in areas where security, regulatory compliance and flawless execution are essential. It further strengthens the company’s ability to support highly sensitive and regulated freight across sectors, including healthcare, life sciences, aerospace, data centers and high-value retail. As supply chains become increasingly complex and cargo theft risks rise, demand for specialized transportation solutions continues to grow.

The transaction also broadens C.H. Robinson’s network of rigorously screened, security-focused carriers. Additionally, DeSpir brings advanced shipment security technologies to C.H. Robinson’s platform. These capabilities include real-time monitoring of temperature conditions and detection of potential cargo tampering, enabling proactive risk management throughout the transportation process. By integrating these tools with C.H. Robinson’s Lean AI framework, the company expects to enhance further visibility, analytics and performance for high-value supply chains.

Adam McDonough, vice president of committed assets at C.H. Robinson, stated, “With DeSpir, we’re strengthening how we help customers move freight that requires an extra layer of protection. This is the kind of cargo where the stakes are incredibly high, like life-saving pharmaceuticals that must stay within strict temperature ranges, or critical data center equipment that is frequently targeted for theft.”

The acquisition aligns with C.H. Robinson’s growth agenda, focusing on targeted investments that enhance capabilities in complex, high-value market segments and strengthen customer offerings.

CHRW’s Zacks Rank & Stocks to ConsiderCHRW currently carries a Zacks Rank #3 (Hold).

Investors interested in the Zacks Transportation sector may consider Expeditors International of Washington, Inc. (EXPD - Free Report) and Teekay Tankers Ltd (TNK - Free Report) . 

EXPD currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Expeditors has an expected earnings growth rate of 11.9% for 2026.  The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 13.96%.

Teekay Tankers Ltd currently sports a Zacks Rank #1.

TNK has an expected earnings growth rate of 98% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 10.2%.

New C.H. Robinson self-service digital freight tool offers more loads and less complexity, connecting unmet shipper and carrier needs

EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--C.H. Robinson, the global leader in Lean AI supply chains, today announced the launch of BidBoardX™, a digital freight tool that gives carriers direct access to the company’s portfolio of longer-term committed freight opportunities, while giving shippers the strategic carrier base and operational options they need in a fast-evolving economy.

In response to customer and carrier desires, BidBoardX brings together two major industry needs:

Carriers have been looking for better access to committed freight, dependable opportunities, and predictable revenue streams. Shippers have been looking for more reliable coverage on critical lanes, a broader pool of carriers that fit their needs, and more consistency in service. Despite these overlapping needs, there has long been a disconnect that sent both sides looking for solutions on the spot market, with all the extra effort and unpredictability involved. BidBoardX closes that disconnect by creating an efficient online marketplace at the industry-leading scale of C.H. Robinson, which connects 450,000 carriers with 75,000 customers and manages 37 million shipments annually.

"C.H. Robinson works with carriers of all sizes that have different needs,” said Adam McDonough, Vice President for Capacity at C.H. Robinson. “Small carriers want consistent, predictable revenue opportunities, while mid- to large-size carriers want to optimize their networks. With BidBoardX, they get direct access to the opportunities that best fit their business needs, including local or short haul, dedicated freight, and our Drop Trailer Plus and 4PL programs. That’s how we connect unmet supply and demand and create significantly more value in the marketplace.”

Committed freight refers to planned, higher-volume shipments with defined timelines and expectations. For instance, it could mean a series of 400 loads between two cities, within a certain timeframe, on specific days of the week. This is the kind of steady, repeatable freight that carriers can plan around and for which shippers need coverage they can count on.

The same way C.H. Robinson’s network comprises carriers of all sizes, it also includes tens of thousands of shippers – ranging from small businesses to global enterprises – all with their own specific logistics needs. For carriers, finding these companies’ committed freight opportunities has historically been a manual process that involved long phone or email exchanges, with limited visibility into what was available. Through BidBoardX, available on C.H. Robinson’s digital platform, certified carriers in C.H. Robinson’s network can search for freight that previously wasn’t accessible to them, submit bids and track their activity – all through one user-friendly online interface. As a result:

Carriers can find more freight, thanks to C.H. Robinson’s industry-leading scale. They can use advanced search tools to find the opportunities best fit for them and bid on deals of various sizes. They can go beyond one-off transactions and build strong relationships with leading shippers. BidBoardX builds on C.H. Robinson’s Carrier Commitment: delivering more loads, smarter solutions and personalized support. By lowering the barriers to entry for committed freight, it levels the playing field for carriers of all sizes in the C.H. Robinson network, reduces friction, and saves significant time and effort. This allows carriers to spend more time moving loads instead of searching for them.

At the same time, it preserves the crucial human element by involving C.H. Robinson’s trusted experts in the process. As they review and finalize bids, they help ensure that carriers and shippers are a good fit for each other. For shippers, this is an extra layer of assurance that the carriers moving their freight meet strict safety standards.

“The carrier market has long been built around fragmented, transactional decisions,” said Michael Castagnetto, C.H. Robinson’s President of North American Surface Transportation. “What we’re doing with BidBoardX is creating a more structured, network-driven approach that helps carriers build their business with greater stability, while giving shippers more dependable outcomes. At our scale, that is the kind of improvement that can drive meaningful impact across the supply chain.”

BidBoardX is available today. Carriers can sign up via the C.H. Robinson carrier platform.

About C.H. Robinson

C.H. Robinson is the global leader in Lean AI supply chains. For more than a century, companies everywhere have looked to us to reimagine how goods move. Now, as we redefine what’s next for the industry, that same drive fuels our commitment to Building Tomorrow’s Supply Chains, Today™. Trusted by 75,000 customers and 450,000 contract carriers, we manage an unmatched 37 million shipments annually, representing $23 billion in freight. We deliver tailored solutions across the world via truckload, less-than-truckload, ocean, air and more. With our unique combination of human insight and Lean AI working as one, supply chains move faster, smarter and more sustainably. As a responsible global citizen, we proudly contribute millions to the causes that matter most to our employees. For more information visit www.chrobinson.com. (Nasdaq: CHRW)

More News From C.H. Robinson

C.H. Robinson Worldwide (CHRW - Free Report) reported $4.01 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 0.8%. EPS of $1.35 for the same period compares to $1.17 a year ago.

The reported revenue represents a surprise of -1.58% over the Zacks Consensus Estimate of $4.08 billion. With the consensus EPS estimate being $1.25, the EPS surprise was +8.47%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how C.H. Robinson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Average employee headcount: 11,705 compared to the 11,824 average estimate based on two analysts.Total Revenues- NAST: $2.95 billion versus the three-analyst average estimate of $2.9 billion. The reported number represents a year-over-year change of +2.8%.Total Revenues- All Other and Corporate: $400.88 million versus the three-analyst average estimate of $385.13 million. The reported number represents a year-over-year change of -0.6%.Total Revenues- Global Forwarding: $664.73 million versus the three-analyst average estimate of $704.85 million. The reported number represents a year-over-year change of -14.2%.Adjusted Gross Profit- NAST: $431.08 million versus $417.14 million estimated by three analysts on average.Adjusted Gross Profit- Global Forwarding: $162.29 million versus $172.75 million estimated by three analysts on average.Adjusted Gross Profit- All Other & Corporate: $67.13 million versus the three-analyst average estimate of $68.61 million.Adjusted Gross Profit- All Other & Corporate- Managed Solutions: $29.6 million versus $30.87 million estimated by two analysts on average.Adjusted Gross Profit- All Other & Corporate- Robinson Fresh: $37.5 million versus the two-analyst average estimate of $38.46 million.View all Key Company Metrics for C.H. Robinson here>>>

Shares of C.H. Robinson have returned +13.2% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.