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Stock impact report

Order holiday gifts early, as flight cuts and grounding of MD-11 planes deliver ‘one-two punch' to cargo, supply-chain expert says [Fortune]

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: Fortune
Several airports with major package distribution centers are on the list of airports that will reduce capacity — FedEx has hubs at the airports in Indianapolis and Memphis, Tennessee. UPS' biggest hub, Worldport, is in Louisville, Kentucky, the site of this week's deadly cargo plane crash Meanwhile, UPS and FedEx said late Friday they're grounding their fleets of McDonnell Douglas MD-11 planes “out of an abundance of caution” following a deadly crash at the UPS global aviation hub in Kentucky. The crash Tuesday at UPS Worldport in Louisville killed 14 people , including the three pilots on the MD-11 that was headed for Honolulu. MD-11 aircrafts make up about 9% of of the UPS fleet and 4% of the FedEx fleet, the companies said. Logistics companies say consumers shouldn't expect delays on their packages due to the reduction in flights — for now. But they put a strain on the supply chain ahead of the all-important holiday shopping season. Patrick Penfield, a supply-chain manag Show less Read more
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