Stock Market | FinancialContent Business Page financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.
US-based logistics provider C.H. Robinson expects global ocean freight rates for container ships to remain elevated through 2022 as the holiday peak season begins, the company said during its first quarter earnings call. The company indicated that, while volumes had waned amid hampered production capacity in China, there was a strong likelihood for an increase .
C.H. Robinson helped customers deal with supply chain issues and shipping constraints leading to record results. Its CEO s pay went from $1.4 million to $13.8 million.