‘Opportunistic’ Robinson – legal risk is no brake on M&A desire

ID 1899196 © Gabriel Nardelli Araujo | Dreamstime.com The Dallas advisory verdict; pressure on contractual margins as spot rates remain elevated; depressed freight demand in a truckload market where growth is nowhere in sight; and more deal-making of a certain size – there was plenty on the CH Robinson (CHRW) menu during the call that followed the release of second-quarter (Q2 26) numbers after the US market close yesterday. Stock reaction: despite a 6% earnings-per-share beat in the second quarter, CHRW was little changed in after-hours trade. At $173.75, ...