C. H. Robinson Worldwide (CHRW) risk factors: FY2025 10-K

1. Business environment and competition risk factors
2. Economic recession could have a significant, adverse impact on our business.reworded
3. Higher carrier prices may result in decreased adjusted gross profit margin and increases in working capital.
4. Changing fuel costs and interruptions of fuel supplies may have an impact on our adjusted gross profit margin.
5. Our dependence on third parties to provide equipment and services may impact the delivery and quality of our transportation and logistics services.
6. We face substantial industry competition, including impacts from technological disruption and automation adoption.new
7. Our earnings may be affected by seasonal changes or significant disruptions in the transportation industry.
8. We may be unable to identify or complete suitable acquisitions and investments.
9. Our sourcing business is dependent upon the supply and price of fresh produce.

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1. We rely on technology to operate our business, with the majority of our operating systems developed internally and supplemented by third-party technology, which may subject us to cybersecurity events and disruptions.Cybersecurity
2. Our international operations subject us to operational, financial, and data privacy risks.
3. Our ability to appropriately staff and retain employees is important to our business model.
4. We use, and may continue to expand our use of, machine learning and AI technologies to deliver our services and operate our business.rewordedAI
5. We derive a significant portion of our total revenues and adjusted gross profits from our largest customers.
6. We may be subject to the negative impacts of climate change, which could adversely impact our business and financial results.
7. We may have difficulties integrating acquired companies or efficiently managing divestitures.
8. Our growth and profitability may not continue, or we may not achieve our long-term growth targets, which may result in a decrease in our stock price.
9. Our indebtedness could adversely impact our financial condition and results of operations.
10. We may be adversely impacted by changing interest rates.Interest rates
11. Governmental, regulatory, and legal risk factors
12. Changes to income tax regulations in the United States and other jurisdictions where we operate may increase our tax liability.
13. We are subject to claims arising from our transportation operations.
14. Buying and reselling fresh produce exposes us to possible product liability.
15. Our business depends upon compliance with numerous government regulations.
16. Our contracted transportation providers are subject to an increasingly complex climate-related regulatory landscape, including transitional risks relating to climate change, which could directly or indirectly have a material adverse effect on our business.reworded

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1. We may be subject to negative impacts of changes in political and governmental conditions.
2. We may be subject to negative impacts of catastrophic events.

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Headings in the FY2024 10-K with no match this year.

1. We face substantial industry competition.