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C.H. Robinson Worldwide, Inc. (symbol: CHRW) is a leading global third-party logistics (3PL) provider, recognized for its comprehensive supply chain solutions and innovative logistics services. The company specializes in simplifying global supply chains and helping businesses understand their landed costs. By leveraging the expertise of supply chain engineers and logistics professionals, C.H. Robinson offers practical solutions that enhance the competitiveness of companies of all sizes.
C.H. Robinson's core services include local truck transportation, global supply chain management systems, produce sourcing, and logistics outsourcing. The company integrates advanced technology to help businesses manage their supply chain spend effectively. This technology collects data from various points across the supply chain, providing businesses with critical global supply chain visibility and insights.
As a non-asset-based third-party logistics provider, C.H. Robinson focuses significantly on domestic freight brokerage, which constitutes approximately 61% of its net revenue. This segment primarily involves truck brokerage but also includes rail intermodal services. Additionally, the company's air and ocean forwarding division, which makes up 27% of net revenue, has expanded through both organic growth and strategic acquisitions. The remainder of the company's revenue comes from its European truck-brokerage division, transportation management services, and its legacy produce-sourcing operations.
Recent achievements of C.H. Robinson include various strategic partnerships and enhancements to its technology platform, aimed at providing clients with even greater efficiency and cost savings. The company's continued focus on innovation and customer-centric solutions has solidified its position as a trusted partner in the logistics industry.
FAQ
What is the current stock price of C H Robinson Worldwide (CHRW)?
The current stock price of C H Robinson Worldwide (CHRW) is $98.77 as of February 25, 2025.
What is the market cap of C H Robinson Worldwide (CHRW)?
The market cap of C H Robinson Worldwide (CHRW) is approximately 11.8B.
What services does C.H. Robinson Worldwide, Inc. provide?
C.H. Robinson provides local truck transportation, global supply chain management, produce sourcing, and logistics outsourcing services.
How does C.H. Robinson use technology in its operations?
C.H. Robinson utilizes advanced technology to gather supply chain data, providing businesses with global supply chain visibility and cost management tools.
What percentage of C.H. Robinson's net revenue comes from domestic freight brokerage?
Approximately 61% of C.H. Robinson's net revenue comes from domestic freight brokerage.
What other logistics services does C.H. Robinson offer?
Besides domestic freight brokerage, C.H. Robinson offers air and ocean forwarding, European truck-brokerage, transportation management services, and produce sourcing.
How has C.H. Robinson's air and ocean forwarding division grown?
The air and ocean forwarding division has grown through both organic expansion and strategic tuck-in acquisitions.
What is the company's approach to enhancing supply chain efficiency?
C.H. Robinson combines deep market knowledge, practical experience, and proven processes to enhance supply chain efficiency for its clients.
What is the significance of C.H. Robinson's technology platform?
The technology platform helps companies manage their supply chain spend and provides essential global supply chain visibility.
Who can benefit from C.H. Robinson's services?
Companies of all sizes seeking competitive advantages in their supply chains can benefit from C.H. Robinson's services.
What recent achievements has C.H. Robinson made?
Recent achievements include strategic partnerships and enhancements to its technology platform to improve efficiency and cost savings for clients.
What is C.H. Robinson's position in the logistics industry?
C.H. Robinson is a top-tier non-asset-based third-party logistics provider, recognized for its innovative and customer-centric solutions.