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MarketBeat
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MarketBeat

C.H. Robinson Worldwide Sees Freight Broker Shakeout, Downplays Insurance Hit

CH Robinson Dave Bozeman Insurance Montgomery CHRW MA Wolfe Research CH Robinson Worldwide MarketBeat

C.H. Robinson Worldwide (NASDAQ:CHRW) executives said the freight brokerage industry could see accelerated consolidation following the Montgomery ruling, while emphasizing that the company does not expect a material financial hit from higher insurance costs.

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