New C.H. Robinson Technology Breaks a Decades-Old Barrier to Automation in the Logistics Industry
C.H. Robinson Worldwide, Inc. (CHRW)
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm
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Source: Business Wire
Artificial intelligence now reads and replies to 2,000 emailed quote requests a day EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--In another industry-leading innovation, C.H. Robinson has automated transactions that many shippers still conduct by email. It breaks a long-standing barrier to automation and gives shippers who use email the same speed-to market and cost savings as shippers who are more digitally connected.Using artificial intelligence, C.H. Robinson’s new technology classifies incoming email, reads it and replicates the steps a person would take to fulfill a customer’s request. For example, shippers often still choose to send an email asking for a price quote rather than log into a digital platform. On an average business day, the global logistics company receives over 11,000 emails from customers and carriers requesting pricing on truckload freight.“Our customers can get instant price quotes through our Navisphere platform or any of the 35 largest TMS or ERP systems we’re int
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News
- Freight Logistics Market size is set to grow by USD 319.65 mn from 2023-2027, increasing outsourcing in logistics to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) is now covered by analysts at Raymond James. They set a "market perform" rating on the stock.MarketBeat
- C.H. Robinson Worldwide (NASDAQ:CHRW) Is Due To Pay A Dividend Of $0.61 [Yahoo! Finance]Yahoo! Finance
- C.H. Robinson Worldwide (CHRW) Crossed Above the 200-Day Moving Average: What That Means for Investors [Yahoo! Finance]Yahoo! Finance
- What's the Best Way to Invest in Stocks Without Any Experience? Try This ETF. [Yahoo! Finance]Yahoo! Finance
CHRW
Earnings
- 5/1/24 - Beat
CHRW
Sec Filings
- 5/14/24 - Form 4
- 5/13/24 - Form 8-K
- 5/3/24 - Form 10-Q
- CHRW's page on the SEC website