CH Robinson Wins The 3PLs’ Third Quarter, Reinvests in Growth — Panjiva


CH Robinson Wins The 3PLs’ Third Quarter, Reinvests in Growth

Corp - Forwarders 157 Earnings 365 Mode - Seaborne 1275 U.S. 3310

The third party logistics (3PL) sector had a tough third quarter in 2018 from a profitability perspective. While the revenues of the top dozen 3PLs grew by 8.8% that was insufficient to prevent a drop in the group’s EBITDA margin to 9.7% from 10.6% a year earlier. That was the worst result since 1Q 2014 and reflected higher fuel and operating costs despite expanding volumes. Additionally 11 of the 12 3PLs delivered profitability below analysts’ expectations, with the exception of CH Robinson. The fourth quarter has begun with strong volume growth. U.S. seaborne import shipments for the s...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.