07/24/2026 | Press release | Distributed by Public on 07/24/2026 04:22
| Item 7.01. |
Regulation FD Disclosure. |
On July 23, 2026, a jury in Dallas County, Texas issued an advisory verdict against C.H. Robinson Worldwide, Inc. (the "Company") and two other defendants in a lawsuit related to a trucking accident involving an independent motor carrier. The verdict awarded compensatory damages of $604 million, which could be assessed against the Company. The advisory verdict remains subject to post-trial proceedings before the court enters a final verdict. The Company disagrees with the jury's advisory verdict and expects to appeal if the jury's verdict is entered as final.
This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements may include, but are not limited to, statements regarding the Company's expectations concerning post-trial proceedings, the entry of a final judgment, and the outcome of any appeal. These statements are based upon current expectations and assumptions and involve risks and uncertainties. Our forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties that could cause actual results or events to differ materially from those anticipated in the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to: the outcome of post-trial motions, including any motion for a new trial; the timing and entry of a final judgment by the court; the outcome of any appeal or other appellate proceedings; the potential for additional litigation costs, settlements, or judgments; and the impact of the litigation on the Company's financial condition, results of operations, or cash flows. The forward-looking statements in this communication are made as of the date hereof, and the Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.