Stolen load of cellphones involving RXO may be another key broker liability case [Yahoo! Finance]

C.H. Robinson Worldwide, Inc. (CHRW)
Last c.h. robinson worldwide, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
A case involving giant 3PL RXO has the potential to add another decision to the body of law regarding broker liability. RXO (NYSE: RXO) brokered a shipment of cellphones for phone reseller PCS Wireless. The shipment was booked a few months before RXO was spun off as a standalone 3PL by XPO , and RXO is identified in the initial lawsuit as “f/k/a” – formerly known as – XPO (NYSE: XPO) The shipment totaled about 54,000 phones with a value of approximately $11.5 million. They were to move from Texas to South Florida. RXO hired carrier Wizard Equipment Corp. to move the load, but it was stolen near Tampa, Florida. PCS' insurer paid out $5 million for the theft; the suit in the Western District of North Carolina is over the remaining $6.5 million th
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News
- C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) had its price target lowered by analysts at Bank of America Co. from $122.00 to $119.00. They now have a "buy" rating on the stock.MarketBeat
- C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) had its price target lowered by analysts at Wells Fargo & Company from $130.00 to $125.00. They now have an "overweight" rating on the stock.MarketBeat
- Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW) had its price target lowered by analysts at Susquehanna from $127.00 to $117.00. They now have a "positive" rating on the stock.MarketBeat
- C.H. Robinson Worldwide, Inc.'s (NASDAQ:CHRW) Intrinsic Value Is Potentially 37% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
CHRW
Earnings
- 1/29/25 - Beat
CHRW
Sec Filings
- 3/25/25 - Form DEF
- 3/3/25 - Form 4
- 2/27/25 - Form 144
- CHRW's page on the SEC website