1

C. H. Robinson

#1444

Rank

$12.52B

Marketcap

US United States

Country

C. H. Robinson
Leadership team

Mr. Robert C. Biesterfeld Jr. (CEO, Pres & Director)

Mr. Michael Paul Zechmeister (Chief Financial Officer)

Mr. Arun Rajan (Chief Operating Officer)

Products/ Services
Logistics, Supply Chain Management, Transportation
Number of Employees
1,000 - 20,000
Headquarters
Nogales, Arizona, United States
Established
1905
Company Registration
SEC CIK number: 0001043277
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CHRW
Social Media
Overview
Location
Summary
C.H. Robinson Worldwide, Inc., together with its subsidiaries, provides freight transportation services and logistics solutions to companies in various industries worldwide. The company operates in two segments, North American Surface Transportation and Global Forwarding. It offers transportation and logistics services, such as truckload; less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprise the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel ocean common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services. The company also offers customs broker services; and other logistics services, such as fee-based managed, warehousing, small parcel, and other services. It has contractual relationships with approximately 85,000 transportation companies, including motor carriers, railroads, and air and ocean carriers. In addition, the company is involved in buying, selling, and/or marketing of fresh produce, including fresh fruits, vegetables, and other value-added perishable items under the Robinson Fresh name. Further, it provides transportation management services or managed TMS; and other surface transportation services. The company offers its fresh produce to grocery retailers, restaurants, produce wholesalers, and foodservice distributors through a network of independent produce growers and suppliers. C.H. Robinson Worldwide, Inc. was founded in 1905 and is headquartered in Eden Prairie, Minnesota.
History

Origins and early history

In the early 1900s, Charles Henry Robinson owned a small wholesale brokerage house that provided produce throughout North Dakota and Minnesota. He partnered with the Nash brothers on April 11, 1905, and became the company’s first president. Nash Finch Company was the leading wholesaler in the region, owning and operating grocery stores. Following Charles Henry Robinson’s death in 1909, the Nash Brothers assumed control of the C.H. Robinson Company.C.H. Robinson became the procurement arm for Nash Finch Company as it rapidly expanded in Iowa, Minnesota, Wisconsin, Illinois, and Texas. In the 1940s, the FTC found Nash Finch Company to have a price advantage, and under the Robinson-Patman Act of 1936, C.H. Robinson Co. was split into two companies. The first, C.H. Robinson Co., was formed by the offices that sold produce to Nash Finch’s warehouses, and ownership was retained by C.H. Robinson employees. The second company, C.H. Robinson, Inc., was still owned by Nash Finch.

Expansion into logistics and trucking

C.H. Robinson’s entry into the trucking business came after the Federal Highway Act of 1956 expanded interstate commerce and the roadways of America. C.H. Robinson and other shippers had previously relied on trains to transport goods. In 1968, the firm entered the regulated truck business as a contract carrier named Meat Packers Express based in Omaha, Nebraska. Robco Transportation Inc. was formed by merging Meat Packers Express with additional carriers three years later and was sold in 1986.In the mid-1960s, C.H. Robinson Co. and C.H. Robinson, Inc., consolidated their operations under the name C.H. Robinson Co. Nash Finch still held a 25% stake in the brokerage company, with C.H. Robinson employees owning the remainder. By 1976, the Nash Finch shares had been bought out and the company was 100% employee owned. C.H. Robinson focused on using emerging technology, and adopted IBM mainframes in 1979.The Motor Carrier Act of 1980 deregulated transportation industries in America and increased competition for logistics providers and shippers. C.H. Robinson created a contract carrier program, expanded its freight contract operations, and established itself as a middleman sourcing operation for virtually all shippable goods. The company’s average annual growth, measured by truckloads, more than doubled and C.H. Robinson posted more than $700 million in sale within five years. Forty per cent was generated by truck brokerage, with the remainder of revenue coming from produce sales.

Renaming and IPO

The company renamed itself C.H. Robinson Worldwide, Inc., in 1997 and had an IPO that raised $190 million for the 101 employees who sold their shares. The initial market value totaled $743 million, and the firm began trading on NASDAQ under the symbol CHRW. Gross revenues for 1997 reached $1.79 billion, while net revenues amounted to $206 million, a 15.1% increase over the previous year.

Mission
Our people, processes, and technology improve the world’s transportation and supply chains, delivering exceptional value to our customers and suppliers.
Vision
Accelerating commerce through the world’s most powerful supply chain platform.
Key Team

Mr. Mac S. Pinkerton (Pres of North American Surface Transportation)

Mr. Michael J. Short (Pres of Global Freight Forwarding)

Mr. Michael W. Neill (Chief Technology Officer)

Mr. Charles S. Ives (Director of Investor Relations)

Mr. Duncan Burns (Chief Communications Officer)

Mr. Ben G. Campbell (Chief Legal Officer & Sec.)

Ms. Angela K. Freeman (Chief HR & ESG Officer)

Recognition and Awards
C.H. Robinson has received numerous awards including the 2011 Truckload Carriers Association’s National Fleet Safety Award and the 2012 Corporate Research Forum’s Excellence in Human Resources and Talent Management Award.
References
C. H. Robinson
Leadership team

Mr. Robert C. Biesterfeld Jr. (CEO, Pres & Director)

Mr. Michael Paul Zechmeister (Chief Financial Officer)

Mr. Arun Rajan (Chief Operating Officer)

Products/ Services
Logistics, Supply Chain Management, Transportation
Number of Employees
1,000 - 20,000
Headquarters
Nogales, Arizona, United States
Established
1905
Company Registration
SEC CIK number: 0001043277
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CHRW
Social Media