The change in leadership is likely to accelerate strategic changes in planning and capital spending at C.H. Robinson that have been under way since last March at the urging of investors.
Project and breakbulk carriers and logistics service providers have a healthy to-do list of energy-related cargo projects ahead of them; now the question is whether rates and availability will return to pre-pandemic levels.
As consumer spending drags, retailers are having trouble trimming inventories, giving rise to a probable drop in European import volumes at least through the first quarter of the year.
