CHRW
C.H Robinson hit with huge nuclear verdict in a post-Montgomery world
Article Summary
HOLD- Robinson Worldwide (NASDAQ: CHRW) was hit with one of the largest nuclear verdicts in trucking history, with more than $600 million in a case involving a Mississippi crash involving Lupus Superior, the carrier whose truck was involved in the wreck.
- Robinson Worldwide, hired Lupus to transport Arizona Beverages products, and three people were killed in a pileup when a Lupus employee plowed into several cars, killing two of them.
- The case was filed in Texas because Lupus is based there and C.H Robinson is also a defendant, with the company arguing that Lupus received a satisfactory safety rating from the Federal Motor Carrier Safety Administration before and after the fatal crash.
- While the verdict is less than the roughly $900 million verdict from 2021 against Kahkashan Carriers and AJD Business Services, it represents a major legal milestone for brokerage firms in post-Montgomery world.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -6.7% | 25% | 0.0 ptsDeclining (-6.7%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 17.1% | 25% | 50.0 ptsMeets Minimum (17.1%) - Passes screener |
| Target Price Upside ? | 0.3% | 20% | 20.0 ptsMinimal Upside (0.3%) - Target: $206.08 vs Current: $205.51 |
| Gross Margin % ? | 8.3% | 15% | 10.0 ptsRazor-Thin (8.3%) - Weak pricing power |
| Drawdown from 52-Wk High ? | -2.3% | 15% | 20.0 ptsBarely a Dip (-2.3%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About CHRW
- C.H. Robinson Worldwide, Inc., together with its subsidiaries, provides freight transportation and related logistics and supply chain services in the United States and internationally.
- It operates in two segments, North American Surface Transportation and Global Forwarding.
- The company offers transportation and logistics services, such as truckload; less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes indirect air carrier and freight forwarder providing door-to-door services.
- It also provides customs brokerage services; and other logistics services, such as fee-based managed, warehousing, supply chain consulting and optimization services, and other services.
- In addition, the company is involved in the buying, selling, and/or marketing of fresh fruits, vegetables, and other value-added perishable items under the Robinson Fresh trade name.
- Further, the company offers transportation management and other surface transportation services.
- It provides fresh produce to grocery retailers, restaurants, produce wholesalers.
- C.H. Robinson Worldwide, Inc. was founded in 1905 and is headquartered in Eden Prairie, Minnesota.