C.H. Robinson Shares Collapse 20% as Investors Flee Freight Firms Over AI Disruption Fears
C.H. Robinson Worldwide (CHRW) plunged 20% on Thursday, sparking losses across freight and logistics stocks as investors moved away from labor-heavy, high-fee models perceived to be vulnerable to AI-driven disruption. Several industry peers posted double-digit drops while announcements from AI companies and data on wasted truckload capacity highlig…