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Stock impact report

Montgomery broker case before SCOTUS featured topic in Robinson's earnings call [Yahoo! Finance]

C.H. Robinson Worldwide, Inc. (CHRW) 
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.chrobinson.com
Company Research Source: Yahoo! Finance
huge impact on the 3PL industry, the brokerage that led the charge at the nation's highest court had its opportunity Wednesday to tell the world what it thinks might happen on the outcome of the case. In an earnings call with analysts after the release of its first quarter earnings, C.H. Robinson CEO Dave Bozeman was immediately questioned by Tom Wadewitz of UBS when the discussion was opened up to analysts about what would happen if C.H. Robinson were to lose Montgomery vs. Caribe II. The case was argued before the court in early March , but C.H. Robinson (NASDAQ: CHRW) is effectively the defendant as it was the brokerage that hired Caribe Transport, whose truck in 2017 hit Montgomery, a truck driver, on the side of a road in Illinois. C.H. Robinson was tossed out as a defendant in a lower court. But if a decision before the Supreme Court finds that dismissal was improper due to the nine justices' interpretation of federal law, the company could find itself back in if the case is Show less Read more
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