C. H. Robinson Worldwide, Inc.
CHRWQ4 2024(CHRW Q3 FY2024)Estimated2% AI
AI Revenue %
2%
AI Fair Value
$297.1M
AI Revenue (Q)
$267.5M
Total Revenue (Q)
$13.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2024 total revenue was $4.64B. While the 10-Q itself has no narrative AI disclosures, this quarter falls within FY2024 where the annual 10-K would later reveal a significant strategic pivot to AI. The company was actively deploying generative AI and enhancing dynamic costing/pricing models. The Q3 2024 filing also shows the planned divestiture of Europe Surface Transportation (closed Feb 2025), reflecting strategic focus. Incrementing to 2.0% reflecting the later-revealed AI deployment that was underway during this quarter. Math: $4,645M x 2.0% = ~$93M imputed AI contribution.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenues $4,644,641 thousand for Q3 2024
10-Q, Condensed Consolidated Statements of Operations, three months ended September 30, 2024
NAST $2,934,617; Global Forwarding $1,141,190; All Other and Corporate $568,834
10-Q, Note 8 Segment Reporting, three months ended September 30, 2024
AI Products Identified (Ring 1)
Navisphere platform (AI-enhanced freight matching)Generative AI for logistics automationDynamic costing and pricing models (ML-powered)Automated carrier selection
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Robinson Fresh sourcingManual freight brokerageLTL consolidationCustoms brokerage
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix