tiprankstipranks
CH Robinson Divests European Division to Sennder Technologies
Company Announcements

CH Robinson Divests European Division to Sennder Technologies

Pick the best stocks and maximize your portfolio:

CH Robinson (CHRW) has issued an announcement.

C.H. Robinson Worldwide, Inc. is set to sell its European Surface Transportation business to sennder Technologies GmbH, with the deal anticipated to finalize in the fourth quarter of 2024, pending customary conditions and regulatory nods. The strategic move promises to be a significant shift for stakeholders and observers of the logistics industry.

Learn more about CHRW stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyC.H. Robinson price target raised to $118 from $115 at BMO Capital
TheFlyC.H. Robinson price target raised to $119 from $113 at TD Cowen
TheFlyC.H. Robinson price target raised to $124 from $115 at Baird
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App