C.H. Robinson
Sector unknown·CHRW · USA (SEC 10-K)·Fiscal year to 31/12/2025
Our proprietary technology connects 75,000 customers and 450,000 contract carriers. We work closely with a global network of transportation companies, including motor carriers, railroads, and ocean and air carriers.
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Artificial intelligence
Technology
DriverNegative impact: weakens
“The industry is undergoing rapid technological change, including the emergence of disruptive technologies and accelerated adoption of automation and AI. Competitors are leveraging advanced digital platforms, AI-driven freight matching, and automation to improve efficiency and reduce costs.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Table of Contents We often compete with respect to price, scope of services, or a combination thereof, but believe that our most significant competitive advantages are: •People and relationships: Our knowledgeable, dedicated, and empowered people act as an extension of our customers’ teams to innovate and execute their supply chain strategies. Our large number of unique, strong relationships provide global connections and valuable market knowledge; •Global suite of services: A wide and integrated selection of services and products, supported by regional and local expertise, provide our customers with consistent capacity and service levels; •Scale: Our customers leverage our significant capacity, broad procurement options, global data insights, and substantial shipment volumes for better efficiency, service, and marketplace advantages; •Lean AI, data, and technology: The combination of our expertise, scale, and tailored solutions gives our technology an edge.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“We have one of the largest datasets of shipments, routings, and carriers in the world. Generative AI and agentic AI are especially powerful in our hands, helping us unlock the value in our vast amount of data and create new proprietary technology that leads the industry forward.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Proprietary Information Technology and Intellectual Property Our technology is driving digital transformation in our industry and brings the value of Lean AI, machine learning, data science, and analytics to our customers to help solve their most complex logistics challenges. With approximately 800 technologists across product, data, engineering, and AI, we continue to make smart, talent-focused investments globally in this critical area and continue to build the next generation of tools and processes that are creating smarter, faster, better supply chains.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Enhancements to our dynamic costing and pricing models allow us to react to market signals more quickly and accurately. Through a combination of more inputs, an upgraded algorithm, and greater configurability, these proprietary data science models serve to optimize our purchasing of shipping capacity and the price we offer our customers.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“We use, and may continue to expand our use of, machine learning and AI technologies to deliver our services and operate our business. We leverage machine learning and AI technologies to enhance operational efficiency, automate processes, and improve the customer experience across our logistics platform.”
Annual report 2025A · The company itself
Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry
Labour and wages
Raw materials and inputs
DriverNegative impact: weakens
“Our employee turnover ratio in 2025, which is calculated as the number of employees who departed in the 12 months ended December 31, 2025, divided by the average number of employees in the 12 months ended December 31, 2025, was 19 percent. We actively drive retention by focusing on top drivers for our employees, including compensation, work-life balance, and career growth opportunities.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“Our 2025 engagement survey generated a 76 percent engagement score. Survey feedback underscores that our employees are aligned with our strategic direction, committed to continuous improvement, ready to learn and work with AI tools, and trust our leaders to guide them through change.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“As of December 31, 2025, we had a total of 11,855 employees in 37 countries. Our employees speak 70 languages and encompass four generations in the workplace.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Our ability to appropriately staff and retain employees is important to our business model. Our continued success depends upon our ability to attract and retain motivated logistics professionals.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“Human Capital At C.H. Robinson, our employees connect the world and power our transformation, creating value for our customers and contract carriers today and anticipating what they will need next.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“We attract, retain, and reward exceptional talent through a performance culture grounded in purpose and a commitment to career development, growth, and innovation.”
Annual report 2025A · The company itself
Grain and agricultural commodities
Raw materials and inputs
InputNegative impact: weakens
“The supply and price of fresh produce is affected by weather and growing conditions, including but not limited to, flood, drought, freeze, insects, disease, and other conditions over which we have no control. Commodity prices can be affected by shortages or overproduction and are often highly volatile.”
Annual report 2025A · The company itself
Market
“These programs contain a wide variety of high quality, fresh bulk, and value-added fruits and vegetables.”
Annual report 2025A · The company itself
Chains out: this strengthens Beer and beverages, mixed effect Agriculture and food production
Agriculture and food production
End markets
Market
“Our sourcing services consist primarily of the buying, selling, and/or marketing of fresh fruits, vegetables, and other value-added perishable items.”
Annual report 2025A · The company itself
Market
“Table of Contents Robinson Fresh provides sourcing services that primarily include the buying, selling, and/or marketing of fresh fruits, vegetables, and other value-added perishable items. Robinson Fresh sources products from around the world.”
Annual report 2025A · The company itself
Market
“Buying and reselling fresh produce exposes us to possible product liability. Agricultural chemicals used on fresh produce are subject to various approvals, and the commodities themselves are subject to regulations on cleanliness and contamination.”
Annual report 2025A · The company itself
Market
“Our sourcing customer base includes grocery retailers, restaurants, foodservice distributors, and produce wholesalers.”
Annual report 2025A · The company itself
Chains in: Grain and agricultural commodities mixed effect, Climate change and extreme weather weakens, Grocery retail and private label weakens
Shipping and logistics
End markets
Market
“Our proprietary technology connects 75,000 customers and 450,000 contract carriers. We work closely with a global network of transportation companies, including motor carriers, railroads, and ocean and air carriers.”
Annual report 2025A · The company itself
Market
“As an integral part of our transportation services, we also provide a wide range of value-added logistics services, such as freight consolidation, drop trailer, cross-border logistics, customs brokerage and trade compliance, supply chain consulting and design, and fully managed third-party logistics (“3PL”) and fourth-party logistics (“4PL”) solutions.”
Annual report 2025A · The company itself
Market
“Global Forwarding provides transportation and logistics services through an international network of offices in North America, Europe, Asia, Oceania, South America, and the Middle East and also contracts with independent agents worldwide. The primary services provided by Global Forwarding include ocean freight services, air freight services, and customs brokerage.”
Annual report 2025A · The company itself
Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens
Retail
End markets
Market
“Our sourcing customer base includes grocery retailers, restaurants, foodservice distributors, and produce wholesalers.”
Annual report 2025A · The company itself
Market
“During 2025, we served 75,000 customers worldwide, ranging from Fortune 100 companies to small businesses in a wide variety of industries.”
Annual report 2025A · The company itself
Chains in: Consumer spending strengthens
Automotive
End markets
Market
“NAST provides transportation and logistics services across North America through a network of offices in the United States, Canada, and Mexico.”
Annual report 2025A · The company itself
Data centres
Technology
StrategyPositive impact: strengthens
“We have one of the largest datasets of shipments, routings, and carriers in the world. Generative AI and agentic AI are especially powerful in our hands, helping us unlock the value in our vast amount of data and create new proprietary technology that leads the industry forward.”
Annual report 2025A · The company itself
Chains in: Artificial intelligence strengthens
Chains out: this strengthens Electricity, strengthens Copper
Digitalisation
Technology
StrategyPositive impact: strengthens
“Proprietary Information Technology and Intellectual Property Our technology is driving digital transformation in our industry and brings the value of Lean AI, machine learning, data science, and analytics to our customers to help solve their most complex logistics challenges. With approximately 800 technologists across product, data, engineering, and AI, we continue to make smart, talent-focused investments globally in this critical area and continue to build the next generation of tools and processes that are creating smarter, faster, better supply chains.”
Annual report 2025A · The company itself
Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT
Electric vehicles and EV batteries
End markets
StrategyPositive impact: strengthens
“The company’s Alternative Fuel Program is now available across all modes, providing shippers with access to alternative fuels or advanced technology around the world. Since the launch of our program, C.H. Robinson has logged more than 3 million miles on alternative fuels and electric vehicles.”
Annual report 2025A · The company itself
Electrification
Technology
StrategyPositive impact: strengthens
“The company’s Alternative Fuel Program is now available across all modes, providing shippers with access to alternative fuels or advanced technology around the world. Since the launch of our program, C.H. Robinson has logged more than 3 million miles on alternative fuels and electric vehicles.”
Annual report 2025A · The company itself
Chains out: this strengthens Electricity, strengthens Power grid expansion, strengthens Copper
Hospitality and leisure
End markets
Market
“Our sourcing customer base includes grocery retailers, restaurants, foodservice distributors, and produce wholesalers.”
Annual report 2025A · The company itself
Chains in: Consumer spending strengthens
Industrial manufacturing
End markets
Market
“During 2025, we served 75,000 customers worldwide, ranging from Fortune 100 companies to small businesses in a wide variety of industries.”
Annual report 2025A · The company itself
Packaging regulation and deposit schemes
Regulation
StrategyPositive impact: strengthens
“Additionally, Robinson Fresh focuses on reducing waste through innovative technologies and sustainable packaging options across our product portfolio.”
Annual report 2025A · The company itself
Subcontractors and haulage capacity
Raw materials and inputs
InputNegative impact: weakens
“Relationships with Transportation Providers We continually work on establishing contractual relationships with qualified transportation providers that meet both our and our customers’ service requirements to provide dependable services, favorable pricing, and available capacity during periods when demand for transportation equipment is greater than the supply. We own very little transportation equipment and do not employ the people directly involved with the delivery of our customers’ freight, so these relationships are critical to our success.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“In 2025, more than 450,000 transportation providers were on our platform, the vast majority of which are contracted motor carriers.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Higher carrier prices may result in decreased adjusted gross profit margin and increases in working capital. Carriers can be expected to charge higher prices if market conditions warrant or to cover higher operating expenses. Our adjusted gross profits and income from operations may decrease if we are unable to increase our pricing to our customers.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“We do not employ the people directly involved in delivering our customers’ freight. We depend on independent third parties to provide truck, rail, ocean, and air services and to report certain events to us, including but not limited to, shipment status information and freight claims. These independent third parties may not fulfill their obligations to us, or our relationship with these parties may change, which may prevent us from meeting our commitments to our customers.”
Annual report 2025A · The company itself
Global trade volumes
Macro
DriverPositive impact: strengthens
“In 2025, our customers trusted us to manage approximately 37 million shipments and $23 billion in freight.”
Annual report 2025A · The company itself
DriverPositive impact: strengthens
“Our transportation and logistics services are provided to numerous international customers through our worldwide network.”
Annual report 2025A · The company itself
Chains in: Tariffs and trade policy weakens, Geopolitical uncertainty weakens, Business cycle and GDP growth strengthens
Chains out: this strengthens Shipping and logistics
Automation and robotics
Technology
DriverNegative impact: weakens
“The industry is undergoing rapid technological change, including the emergence of disruptive technologies and accelerated adoption of automation and AI. Competitors are leveraging advanced digital platforms, AI-driven freight matching, and automation to improve efficiency and reduce costs.”
Annual report 2025A · The company itself
Business cycle and GDP growth
Macro
DriverNegative impact: weakens
“The transportation industry historically has experienced cyclical fluctuations in financial results due to economic recessions, downturns in business cycles of our customers, interest rate fluctuations, currency fluctuations, and other economic factors beyond our control. Deterioration in the economic environment subjects our business to various risks, which may have a material and adverse impact on our operating results and cause us to not reach our long-term growth goals: •Decrease in volumes: A reduction in overall freight volumes in the marketplace may reduce our opportunities for growth.”
Annual report 2025A · The company itself
Chains out: this strengthens Global trade volumes, strengthens Construction
Cyber attacks and IT security risk
Macro
DriverNegative impact: weakens
“Our information technology systems, devices, storage, and applications, as well as those maintained by third-party providers, are vulnerable to damage, disruptions, and shutdowns due to cyberattacks, ransomware, malware, phishing, denial of service attacks, and other unauthorized access attempts. These incidents have occurred in the past and may happen again, potentially causing material service outages, inappropriate access, or other significant business interruptions.”
Annual report 2025A · The company itself
Chains out: this strengthens Cybersecurity (products and services)
IT operations and cloud
Raw materials and inputs
InputNegative impact: weakens
“Company risk factors We rely on technology to operate our business, with the majority of our operating systems developed internally and supplemented by third-party technology, which may subject us to cybersecurity events and disruptions. Our continued success depends on the effective operation and adaptation of these systems to meet the evolving needs of our customers and users.”
Annual report 2025A · The company itself
Tariffs and trade policy
Macro
DriverNegative impact: weakens
“In 2025, the United States government made significant changes to our national trade policy, including imposing tariffs on certain goods imported into the United States. The tariffs impacted our Global Forwarding business in 2025, most significantly in the second quarter of 2025, with volatile market conditions causing global demand fluctuations and lower volumes. Changes in United States trade policy, including tariffs on certain imported goods, could continue to increase our costs and disrupt global supply chains.”
Annual report 2025A · The company itself
Chains in: Geopolitical uncertainty strengthens
Chains out: this weakens Global trade volumes
Climate change and extreme weather
Macro
DriverNegative impact: weakens
“Seasonality Our operating results have been subject to seasonal trends as a result of, or as influenced by, numerous factors, including national holidays, weather patterns, consumer demand, economic conditions, and other similar and subtle forces.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Table of Contents Our sourcing business is dependent upon the supply and price of fresh produce. The supply and price of fresh produce is affected by weather and growing conditions, including but not limited to, flood, drought, freeze, insects, disease, and other conditions over which we have no control.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“We may be subject to the negative impacts of climate change, which could adversely impact our business and financial results. The potential impacts of climate change may subject us to various risks, including: •physical risks such as extreme weather conditions or other types of weather events, which could disrupt our operations; •compliance costs and transition risks such as increased regulation on us and on our contracted transportation providers; and •reputational and strategic risks due to shifts in customer demands such as customers requiring more fuel-efficient transportation, autonomous transportation modes, or increased transparency to carbon emissions in their supply chains.”
Annual report 2025A · The company itself
Chains out: this weakens Agriculture and food production
Fuel
Raw materials and inputs
InputNegative impact: weakens
“We provide the following transportation and logistics services: •Truckload: Through our contracts with motor carriers, we have access to dry vans, temperature-controlled vans, flatbeds, and bulk capacity.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Contracted motor carriers provide us access to dry vans, temperature-controlled vans, flatbeds, and bulk capacity.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“In our truckload transportation business, fluctuating fuel prices may result in a decreased adjusted gross profit margin. While our different pricing arrangements with customers and contracted motor carriers make it very difficult to measure the precise impact, we believe fuel costs essentially act as a pass-through cost to our truckload business.”
Annual report 2025A · The company itself
Chains out: this strengthens Shipping and logistics, strengthens Aviation and travel
Consumer spending
Macro
DriverPositive impact: strengthens
“Our services to the customer may be priced on a spot market, or transactional basis, or prearranged contractual rates.”
Annual report 2025A · The company itself
DriverMixed impact: mixed
“Results of operations for our industry generally show a seasonal pattern as customers reduce shipments during and after the winter holiday season. We believe this historical pattern has been the result of, or influenced by, numerous factors, including national holidays, weather patterns, consumer demand, economic conditions, and other similar and subtle forces.”
Annual report 2025A · The company itself
Chains in: Inflation weakens
Chains out: this strengthens Retail, strengthens Hospitality and leisure, strengthens Premium consumers, strengthens Grocery retail and private label
Air freight
Raw materials and inputs
InputNegative impact: weakens
“We execute our air freight services through our relationships with air carriers, charter services, block space agreements, capacity space agreements, and transactional spot market negotiations.”
Annual report 2025A · The company itself
Carbon tax and ETS prices
Regulation
DriverNegative impact: weakens
“Our contracted transportation providers are subject to an increasingly complex climate-related regulatory landscape, including transitional risks relating to climate change, which could directly or indirectly have a material adverse effect on our business. Future and existing environmental regulatory requirements in the United States and abroad could adversely affect operations and increase operating expenses, which in turn could increase our purchased transportation costs.”
Annual report 2025A · The company itself
Chains out: this weakens Shipping and logistics, strengthens Energy efficiency, weakens Cement and building materials
Cybersecurity (products and services)
Technology
DriverNegative impact: weakens
“We rely on a combination of cybersecurity, trademarks, copyrights, trade secrets, and nondisclosure and non-competition agreements to establish and protect our intellectual property and proprietary technology.”
Annual report 2025A · The company itself
Chains in: Cyber attacks and IT security risk strengthens
Chains out: this strengthens Digitalisation
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“Our operations may be impacted by the influences of significant political, governmental, and similar changes and our ability to respond to them, including: •changes in political conditions and in governmental policies; •changes in and compliance with international and domestic laws and regulations; and •wars, civil unrest, acts of terrorism, and other global conflicts, such as the current conflict in the Red Sea, which is impacting the global freight market.”
Annual report 2025A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
Insurance premiums and reinsurance
Raw materials and inputs
DriverNegative impact: weakens
“We are subject to claims arising from our transportation operations. We use the services of thousands of third-party transportation companies in connection with our transportation operations. From time to time, the drivers employed and engaged by the motor carriers with which we contract are involved in accidents, which may result in serious personal injuries.”
Annual report 2025A · The company itself
Labour regulation
Regulation
DriverNegative impact: weakens
“Our business depends upon compliance with numerous government regulations. Our operations may be regulated and licensed by various federal, state, and local transportation agencies in the United States and similar governmental agencies in foreign countries in which we operate.”
Annual report 2025A · The company itself
Sea freight and freight rates
Raw materials and inputs
InputNegative impact: weakens
“In our NVOCC ocean transportation business, we have contracts with most of the major ocean carriers, which support a variety of service and rate needs for our customers. We negotiate annual contracts that establish the predetermined rates we agree to pay the ocean carriers.”
Annual report 2025A · The company itself
Chains in: Geopolitical uncertainty strengthens
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 16.23 bn USD |
| Revenue growth vs. the year before, same method | -8.4 % |
| EBITDA reported by the company | 0.9 bn USD |
| Net debt debt incl. leasing minus cash | 1.23 bn USD |
| Diluted EPS per share | 4.83 USD |
Source: 10-K (SEC) A. See the report
Criteria
| Profit | ✓ |
| Growing | ✗ |
| Healthy balance sheet | ✓ |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (USD), not converted to DKK. Quotes are shown as the company's own words in English.