AI fears spark sell-off in shipping, freight stocks in sign 'every corner of the market' is an AI target [Yahoo! Finance Canada]
C.H. Robinson Worldwide, Inc. (CHRW)
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance Canada
Now, investors can add logistics and freight names to the list of stocks getting sold on worries about AI. Shares of logistics and freight operations companies C.H. Robinson ( CHRW ) and Universal Logistics ( ULH ) suffered double-digit losses on Thursday after a little-known Florida company announced a new tool that would scale freight volumes without increasing headcount. Algorhythm Holdings ( RIME announced on Thursday that its platform is "transforming freight management from a labor-intensive, manual process into a highly automated, intelligence-led system" that's driving a "4x improvement in workforce productivity." Algorhythm Holdings, Inc. (RIME) The company's shares surged by as much as 79% on the news before closing up 29%. Until the third quarter of 2025, the company operated a karaoke machine business that it sold to Stingray Group ( STGYF ) before pivoting to AI-driven freight solutions. At the close, Algorhythm's market cap remained below $10 million. "The gla
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CHRW
News
- C.H. Robinson pushes back on AI disruption fears after stock plunge [Yahoo! Finance]Yahoo! Finance
- ?????????????????????????????????????????????2033????1396??????????????(CAGR)7.24%???????????? [CNET News]CNET News
- Trucking and logistics stocks drop on release of AI freight scaling tool [MSNBC.com]MSNBC.com
- Trucking and logistics stocks tumble on release of AI freight scaling tool [CNBC]CNBC
- Logistics stocks get spooked by a penny-stock AI pitch [Seeking Alpha]Seeking Alpha
CHRW
Earnings
- 1/28/26 - Beat
CHRW
Sec Filings
- 2/13/26 - Form 4
- 2/13/26 - Form 4
- 2/13/26 - Form 4
- CHRW's page on the SEC website