C. H. Robinson Worldwide, Inc.
CHRWQ1 2024(CHRW Q4 FY2023)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$156.0M
AI Revenue (Q)
$65.1M
Total Revenue (Q)
$4.3B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
FY2023 10-K reports full-year revenue of $17.6B. Q4 FY2023 implied revenue = $17,588M - $13,375M = ~$4,213M. The 2023 10-K begins to position technology more prominently, mentioning 'custom technology differentiated by our unmatched data and scale' and the Navisphere platform for 450,000+ carrier connections. While still no explicit 'AI' mention in the 2023 10-K Item 1, the company's investment in software development increased and the 'information advantage' language suggests growing ML/data science capabilities. Bumping estimate to 1.5% reflecting maturation of algorithmic pricing and carrier matching. Math: ~$4,213M x 1.5% = ~$63M imputed AI contribution.
Analyzed by claude-opus-4-6
Quoted Figures
Consolidated total revenues of $17.6 billion in 2023
10-K FY2023, Item 1 Business Overview
We use our information advantage to deliver smarter solutions for more than 90,000 customers and the more than 450,000 contract carriers on our platform
10-K FY2023, Item 1 Business Overview
We offer a global suite of multi-modal services that brings together the value of our expertise and account management services with custom technology differentiated by our unmatched data and scale
10-K FY2023, Item 1 Business Overview
AI Products Identified (Ring 1)
Navisphere platform (freight matching)Algorithmic dynamic pricingAutomated carrier selectionData-driven route optimization
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 brokerageManaged TMS
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix