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The card, which showed Bernhard first joined in 1933, was found by historian Flip Maarschalkerweerd, the Royal Information Service. via Reuters TV Acquire Licensing RightsAMSTERDAM, Oct 6 (Reuters) - The discovery of a Nazi membership card in the name of late Dutch Prince Bernhard, a German who married into the Dutch royal family in the 1930s, revived calls on Friday for an inquiry into his ties to Adolf Hitler's party. Prince Bernhard, the grandfather of Dutch King Willem Alexander, died in 2004. The Dutch government confirmed the card was found but has resisted calls for an inquiry. The card, which showed Bernhard first joined in 1933, was found by historian Flip Maarschalkerweerd, the Royal Information Service said.
Persons: Bernhard, Flip Maarschalkerweerd, Dutch Prince Bernhard, Adolf Hitler's, Prince Bernhard, Dutch King Willem Alexander, Prince Bernhard's, Bernhard von Biesterfeld, Maarschalkerweerd, Juliana, King Willem Alexander, Prince, Willem, Alexander, Toby Sterling, Bart Meijer, Anthony Deutsch, Angus MacSwan Organizations: Royal Information Service, Reuters, Rights, Nazi, NSDAP, for Information, Documentation Israel, Institute for, Genocide, De Volkskrant, Allies, Germany, NOS, Thomson Locations: Dutch, Nazi, U.S, Netherlands
Barber, who spent nearly 35 years working at package delivery company UPS before retiring in early 2020, joined the C.H. Robinson board as a director late last year. A spokesperson for the company said there is "no update" on the search, noting "the CEO role at C.H. The Board is committed to conducting, and is underway on, an open and inclusive search to find our next CEO." Last year Reuters reported that Danish transport and logistics company DSV A/S (DSV.CO) was interested in buying C.H.
Robinson Worldwide Inc. is standing its ground against an activist investor pushing for a quick and wide-ranging overhaul of the country’s biggest freight broker as the company battles declining freight demand and growing competition. Robinson’s international freight forwarding business, a central goal of investor Ancora Holdings Group LLC as it seeks an overhaul of the business. Robinson executives said on the Wednesday earnings call that the global forwarding arm, which moves freight by air and ocean, is essential to the company’s success. Robinson is by far the largest player in the U.S. domestic freight brokerage market that matches freight shippers with available trucks. It is also among the top two U.S.-based companies in the global forwarding market that transports cargo by air and ocean.
Robinson Worldwide Inc. has reached an agreement to work with its activist investors as analysts said new board member Jim Barber would be a strong candidate to lead the company. Robinson’s board. Robinson’s then board chair as interim CEO as the board said it would start an immediate search for a permanent successor. Robinson’s board, said Monday that Mr. Biesterfeld’s firing was a board decision. Robinson has retained executive search firm Russell Reynolds Associates Inc. to find a permanent chief executive.
Freight Broker C.H. Robinson Ousts CEO Bob Biesterfeld
  + stars: | 2023-01-03 | by ( Liz Young | ) www.wsj.com   time to read: +6 min
Mr. Anderson, 56, stepped down as chair, a position he has held since 2020. Mr. Anderson doesn’t plan to be considered as a candidate for the permanent position, according to the securities filing. Robinson and this exceptional team,” Mr. Biesterfeld said in a statement released by the company. Robinson is by far the largest player in the U.S. freight brokerage market, one that matches freight shippers with available trucks. “We got ahead of ourselves in terms of head count,” Mr. Biesterfeld said on Nov. 2.
After the pandemic-driven surge in consumer demand that triggered a frenzy of shipping activity and skyrocketing prices, logistics and transportation companies are signaling a fast slowdown. The weekly Shanghai Containerized Freight Index, which measures shipping prices out of China, recently dropped to $1,443.29, about one-third the level it hit in early June. The jaw-dropping declines also measure the spot market prices. Most freight business moves on contract rates, and those long-term prices haven’t fallen nearly as fast as the spot market. Here are some tips for logistics and supply-chain managers to take advantage of a changing market.
CNBC's Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry's pandemic boom wanes. "We caught a real break today with a much lower-than-expected consumer price index number, and a huge part of that came down to how much it costs to get goods to the consumer," he said. "Why would the Fed need to keep tightening ever harder if the root cause of inflation, moving stuff from place to place, is finally going in the right direction?" Stocks saw their biggest rally since 2020 on Thursday after October's consumer price index data came in lighter than expected, raising hopes that inflation could be peaking. Cramer said that he expects inflation to continue to cool when supply costs for the freight industry such as labor and equipment decline more.
Logistics Companies Are Reversing Their Hiring Binge
  + stars: | 2022-11-04 | by ( Liz Young | ) www.wsj.com   time to read: +4 min
The hiring frenzy in logistics driven by pandemic-fueled shopping appears to be cooling off. “We got ahead of ourselves in terms of head count,” said Bob Biesterfeld, chief executive of C.H. Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. Chief Executive Judy McReynolds said the company would now look to get “greater efficiency” from the people it already employs. “We aren’t really hiring other than filling vacancies and whatnot,” Chief Executive Greg Gantt said on an Oct. 26 earnings call.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC.H. Robinson CEO on the state of freight demand, cost reduction, China and his company outlookBob Biesterfeld, C.H. Robinson president, joins 'The Exchange' to discuss the company's earnings and the state of freight demand.
Estee Lauder — The cosmetic maker dropped 8% after it gave a weak outlook despite beating expectations for the quarter. Trimble — Shares dropped 7% after Trimble missed revenue expectations in its third-quarter results. Robinson — The stock fell 6% after the transportation and logistics company reported disappointing revenue in its latest results. Airbnb — The lodging stock fell 10.1% after the company reported earnings per share that beat expectations, while revenue came in line with estimates. The company it its fiscal first quarter reported adjusted earnings per share of 93 cents versus expectations of 75 cents.
Logistics CEOs told Insider the picture going into peak season is less clear than in past years. "The consumer is going to have much more choice and availability," Malcolm Wilson, CEO of logistics firm GXO, told Insider. But no one knows if the customers will show up or not," Rubin told Insider. A "smooth" peak isn't necessarily a bad peak — what's almost certain though is that it will look bad compared to last year. "When I look at our customer base, what I see is a degree of optimism about the future, they're continuing to invest," Wilson told Insider.
Read previewAs the logistics industry becomes increasingly consumed by e-commerce, top-10 global logistics provider C.H. Robinson has hired an online veteran as its first ever chief product officer, reporting directly to CEO Bob Biesterfeld. E-commerce is becoming a dominant force in the logistics industry, with virtually every player attempting to cut off a slice. The CEO is also hoping that some of the hallmarks of digitally-native businesses like Zappos will rub off at C.H. Mimicking the ease of online consumer experiences for logistics processes will be on Rajan's plate come September.
Persons: , Robinson, Bob Biesterfeld, Arun Rajan, Biesterfeld, Rajan Organizations: Service, C.H, Amazon's, Foods, Zappos, Business, Cargo Locations: Europe, C.H
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