|Exchange:||NASDAQ national market|
|Stock:||CH Robinson Worldwide, Inc.|
|Industry:||Integrated Shipping & Logistics|
|CH Robinson Worldwide, Inc. was reincorporated in Delaware in 1997 as the successor to a business existing, in various legal forms, since 1905. CH Robinson is a third party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a wide variety of industries. It has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. As a third party logistics provider, the Company cultivates contractual relationships with a wide variety of transportation companies, and utilizes those relationships to efficiently and cost effectively transport its customers’ freight. The Company has contractual relationships with approximately 53,000 transportation companies, including motor carriers, railroads (primarily intermodal service providers), air freight and ocean carriers. Depending on the needs of its customer and their supply chain requirements, the Company selects and hires the appropriate transportation for each shipment. As an integral part of its transportation services, the Company provides a wide range of value-added logistics services, such as freight consolidation, supply chain consulting and analysis, optimization, and reporting. In addition to transportation and logistics services, the Company provides sourcing services (‘Sourcing’) and fee-based payment services (‘Payment Services’). The Company’s Sourcing business is primarily the buying, selling, and marketing of fresh produce. The Company supplies fresh produce through its network of independent produce growers and suppliers. Its customers include grocery retailers and restaurants, produce wholesalers, and foodservice distributors. In many cases, the Company also arranges the logistics and transportation of the products it sells and provides related supply chain services such as replenishment, category management, and merchandising. Payment Services is comprised of a C.H. Robinson subsidiary, T-Chek Systems, Inc. T-Chek provides a variety of payment management and business intelligence services primarily to motor carrier companies and to fuel distributors. Those services include funds transfer, fuel purchasing, and online expense management. C.H. Robinson provides freight transportation and related logistics and supply-chain services. Its services range from commitments on a specific shipment to much more comprehensive and integrated relationships. It provides all of the following transportation and logistics services: Truckload, such as dry vans, temperature controlled vans, and flatbeds and bulk capacity; Less Than Truckload, involves the shipment of small packages and single or multiple pallets of freight, up to and including full trailer load freight; Intermodal transportation service, include the shipment of freight in trailers or containers, by a combination of truck and rail; Ocean, which consolidates shipments, determine routing, select ocean carriers, contract for ocean shipments, provide for local pickup and delivery of shipments, and arrange for customs clearance of shipments, including the payment of duties; Air, which provides door-to-door service as a full-service international and domestic air freight forwarder; and Other Logistics Services, which provides fee-based transportation management services, customs brokerage, warehousing services, and other services. The Company operates through a network of 235 offices, in North America, Europe, Asia, South America, Australia, and the Middle East. The Company competes against a large number of logistics companies, trucking companies, property freight brokers, carriers offering logistics services, and freight forwarders. The Company is subject to licensing and regulation as a property freight broker and are licensed by the U.S. Department of Transportation to arrange for the transportation of property by motor vehicle.|
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