Freight forwarder CH Robinson reported a drop in its EBITDA margin in 3Q to 5.9% from 6.3% a year earlier. CEO Robert Biesterfeld has blamed an “aggressive industry pricing environment”. The outlook may not be much better given “the global forwarding market continues to experience air and ocean volume declines as tariff concerns and fears of recession are softening demand”. The firm saw a 3.9% year over year decline in its U.S. seaborne inbound shipments in 3Q, driven by a 12.3% slide in shipments from China. There’s been a degree of offset from a 7.8% ri...