NasdaqGS:CHRWLogistics
C.H. Robinson Selloff Tests AI Story Against Rich Valuation
C.H. Robinson Worldwide (NasdaqGS:CHRW) shares were hit by a sharp selloff as logistics stocks fell on concerns about artificial intelligence driven disruption.
The pullback followed technology firms promoting AI freight tools, which fueled worries about pressure on traditional freight brokerage models.
C.H. Robinson responded by stressing its own AI capabilities and experience applying data and automation across its network.
C.H. Robinson enters this AI debate after a strong run, with the...