Profile: C.H. Robinson Worldwide Inc (CHRW.O)

CHRW.O on Nasdaq

64.55USD
6 May 2015
Change (% chg)

$0.56 (+0.88%)
Prev Close
$63.99
Open
$64.45
Day's High
$64.76
Day's Low
$63.87
Volume
1,638,997
Avg. Vol
1,743,527
52-wk High
$77.49
52-wk Low
$57.93

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C.H. Robinson Worldwide Inc (C.H. Robinson), incorporated on August 11, 1997, is a provider of multimodal transportation services and logistics solutions, operating through a network of branch offices in North America, Europe, Asia, South America, Australia and the Middle East. The Company is a non-asset based transportation provider. It works with approximately 63,000 transportation companies across the world and through those relationships the Company selects and hires the appropriate transportation providers to meet its customers' needs. As an integral part of the Company’s transportation services, it provides a wide range of value added logistics services, such as supply chain analysis, freight consolidation, core carrier program management and information reporting. In addition to multimodal transportation services, it has one other logistics business line: fresh produce sourcing. The Company’s Sourcing business is the buying, selling, and marketing of fresh produce. It purchases fresh produce through the Company’s network of produce suppliers and sell it to retail grocers and restaurant chains, produce wholesalers, foodservice and distributors. In the majority of cases, the Company also arranges the transportation of the produce the Company sells through its relationships with specialized transportation companies.

The Company’s branch offices help it penetrate local markets, provide face-to-face service when needed, and recruit contract carriers. Its branch network also gives us knowledge of local market conditions, which is important in the transportation industry because it is so dynamic and market-driven. The Company’s branches work together to complete transactions and collectively meet the needs of the Company’s customers. Approximately 46 percent of its truckload shipments are shared transactions between branches. For many of its significant customer relationships, the Company coordinates its efforts in one branch and relies on multiple branch locations to deliver specific geographic or modal needs. In addition, the Company’s methodology of providing services is very similar across all branches. The Company’s entire branch network around the globe works off a common technology platform that they use to match customer needs with supplier capabilities, to collaborate with other branch locations, and to utilize centralized support resources to complete all facets of the transaction.

Company Address

C.H. Robinson Worldwide Inc

14701 Charlson Rd
EDEN PRAIRIE   MN   55347-5076
P: +1952.9378500
F: +1302.6365454

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