Logistics company C.H. Robinson Worldwide, Inc.
C.H. Robinson Worldwide acquired freight forwarder Phoenix International for $571.5 million in cash and about $63.5 million in new C.H. Robinson stock.
C.H. Robinson Worldwide has agreed to acquire Warsaw-based Apreo Logistics.
When trucking companies are stung by rising costs, third-party logistics providers share their pain, very quickly.
C.H. Robinson Worldwide moved more freight in the first quarter, but higher trucking costs bit into the non-asset logistics company’s truckload net margin.
C.H. Robinson Worldwide is putting 500 new intermodal containers into its U.S. shipping network as the freight broker seeks to add greater flexibility in shifting business between modes.
Strong truckload demand pushed revenue up 10.4 percent in the fourth quarter to $2.6 billion at C.H. Robinson Worldwide, the largest U.S. freight broker.
John P. Wiehoff | Jan 01, 2012 12:00AM EST
As the transportation industry entered 2011, the conversation about U.S.