CH Robinson Beats Expeditors But Runs the China Tariff Gauntlet — Panjiva


CH Robinson Beats Expeditors But Runs the China Tariff Gauntlet

Corp - Forwarders 157 Mode - Seaborne 1273 U.S. 3297

Freight forwarders running U.S.-inbound marine services saw a 7% surge in volumes in September, largely due to a rush in deliveries to beat extended tariffs on Chinese exports. Shipments from China rose 8% and accounted for 38% of all shipments in the third quarter. The Asia-focused specialists including OEC (up 16%) did best while UPS was one of the worst performers with a 5% decline. An ongoing volume decline, with a 9% drop for the quarter, may have driven UPS’s decision to extend its services into second and third tier Chinese cities. CH Robinson markedly outperformed Expeditors in t...

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