Freightquote acquisition expands C.H. Robinson’s LTL, e-commerce reach

The largest U.S. freight broker, $12.8 billion C.H. Robinson Worldwide, is buying one of the largest Internet-based truck freight brokers, Freightquote.com. The $365 million cash deal will open new opportunities for C.H. Robinson in e-commerce and less-than-truckload markets.