C.H. Robinson Worldwide

Dave Bozeman, who built a middle-mile transportation network at Amazon, takes over a business wrestling with sliding demand and an activist investor. Dave Bozeman, who built a middle-mile transportation network at Amazon, takes over a business wrestling with sliding demand and an activist investor. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

C.H. Robinson Worldwide Inc. is standing its ground against an activist investor pushing for a quick and wide-ranging overhaul of the country’s biggest freight broker as the company battles declining freight demand and growing competition. Executives said on an earnings call this week that they are focused on a broad and thorough search for a new chief executive and that they aren’t working on selling C.H. Robinson’s international freight forwarding business, a central goal of investor…

Logistics heavyweight C.H. Robinson Worldwide Inc. has reached an agreement to work with its activist investors as analysts said new board member Jim Barber would be a strong candidate to lead the company.  The pact between C.H. Robinson and activists Ancora Advisors LLC, known as a standstill agreement, renewed for a year a deal reached last year as the investment group placed two representatives on the company’s board of directors and questioned the direction…