Feb 23 (Reuters) - Global logistics provider C.H.

Robinson's ( CHRW ) CEO Dave Bozeman dismissed a recent selloff

tied to AI-led disruption in the freight ​industry, and said the

race to adopt ‌the technology would spur consolidation instead.

C.H. Robinson's ( CHRW ) shares posted their biggest ⁠single-day drop

in roughly two years on February 12 ⁠amid a broader selloff in

transportation and logistics ‌stocks, driven ‌by headlines about

new AI-enabled freight platforms that investors fear could

disrupt traditional ​brokerage models.

The stock has recovered ‌some ground since the 14.5% slump

earlier this month. It was down 6.1% at $178.44 in ​afternoon

trading on Monday.

The selloff ​was triggered ‌by AI-technology company

Algorhythm Holdings' ( RIME ) comments that its SemiCab platform

is helping customers scale freight volumes by 300% ⁠to 400%

without adding operational headcount.

In an interview ⁠with Reuters, Bozeman called the selloff in

C.H. Robinson's ( CHRW ) stock a "short-term reaction", adding that the

company's scale and vast proprietary data set give it an

advantage that is difficult ⁠and ‌costly for rivals to replicate.

"We're going ‌to go into agentic artificial intelligence

that's going to make ⁠us faster and even better," Bozeman added.

He expects more industry consolidation as smaller companies

face challenges competing in an AI-driven market that requires

large-scale data and deep domain expertise - advantages that are

difficult to build quickly even with fresh capital.

C.H. Robinson ( CHRW ) ​last month reported

fourth-quarter profit

above Wall Street estimates, helped in part by AI-driven

efficiencies that streamlined operations and reduced ​manual

processes across its routine ‌functions.