CH Robinson going down for fraud?

[mndriver]

This will be interesting to see how it pans out

Mega-broker named in $1.1 Billion lawsuit for allegedly skimming profits (VIDEO) |

This story has been updated and can be viewed here. Read Robinson’s statement on the lawsuit here. A class action

freightbrokerlive.com

 

[Humble pie]

Imagine that CH has been lying about freight charges.

 

[mndriver]

Reading the article, it's my understanding they were picking up produce from the farmers and quoting one price and then stating a different price to the purchasers at the grocery stores.

Playing that game of the produce became unusable between the field and the store

 

[ironpony]

Reading the article, it's my understanding they were picking up produce from the farmers and quoting one price and then stating a different price to the purchasers at the grocery stores.

Playing that game of the produce became unusable between the field and the store

They were overstating the freight charges to the grocery stores, who paid it. That had the effect of diminishing the price paid for the product. CHR then kept the difference.

 

[Humble pie]

Reading the article, it's my understanding they were picking up produce from the farmers and quoting one price and then stating a different price to the purchasers at the grocery stores.

Playing that game of the produce became unusable between the field and the store

CH got it’s start as a produce broker not a freight broker. They are still the largest produce broker.

 

[Mike]

They are still the largest produce broker.

If these farmers gain any traction in this lawsuit, they may not be the largest produce broker for much longer

 

[Humble pie]

If these farmers gain any traction in this lawsuit, they may not be the largest produce broker for much longer

I can’t say as I would be too upset by that.

 

[Coalminner1]

I guess it spilled over in the freight brokering business, what are we going to do?

 

[Uncle Birchy]

Imagine that CH has been lying about freight charges.

Nah... "really"

 

[Uncle Birchy]

This will be interesting to see how it pans out

Mega-broker named in $1.1 Billion lawsuit for allegedly skimming profits (VIDEO) |

This story has been updated and can be viewed here. Read Robinson’s statement on the lawsuit here. A class action

freightbrokerlive.com

Leave it to our "FARMERS" to once again Stand Up for what's "Right"

 

[mndriver]

And this shows up on Forbes a week later.....

C.H. Robinson Worldwide: An Undervalued Leader In A Growing Industry

We've identified a company that looks like a good value after significantly underperforming the market in 2019.

www.forbes.com

 

[Duck]

And this shows up on Forbes a week later.....

Think it's deliberate?

 

[mndriver]

Don't think it's coinkydink

 

[ironpony]

Don't think it's coinkydink

Go chug another beer before you dry out

 

[ironpony]

Think it's deliberate?

Took 'em that long to quit laughing...

 

[mndriver]

Go chug another beer before you dry out

Rum....


Get it right.

Don't you have an inverter to design.

 

[ironpony]

Rum....


Get it right.

Don't you have an inverter to design.

Nope. Parking to find in the SW KC metro area. A much more difficult prospect.

 

[Duck]

Don't think it's coinkydink

Me neither.