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Thought this might interest some people :
BusinessWeek's Top 50 Companies
46 of 52 next slide previous slide
C.H. Robinson Worldwide
No. 6
Industry: Transportation
Sales: $8..6 billion
Net Income: $359.2 million
Transportation is tanking because of the recession, but C.H. Robinson Worldwide (CHRW) isn't suffering as much as its industry peers thanks to its role as a third-party broker between truckers and shippers. Founded in 1905 as a produce hauler, the Eden Prairie ( Minn. ) company doesn't own trucks but instead relies on a global network of more than 50,000 carriers. CEO John Wiehoff says Robinson is coping with declining freight activity by persuading clients, which include PepsiCo (PEP) and Wal-Mart (WMT), to give C.H. Robinson more of their shipping budget. And he's negotiating cheaper rates from struggling truckers to boost profit margins. One growth area: fee-based transportation-management services.
BusinessWeek's Top 50 Companies
46 of 52 next slide previous slide
C.H. Robinson Worldwide
No. 6
Industry: Transportation
Sales: $8..6 billion
Net Income: $359.2 million
Transportation is tanking because of the recession, but C.H. Robinson Worldwide (CHRW) isn't suffering as much as its industry peers thanks to its role as a third-party broker between truckers and shippers. Founded in 1905 as a produce hauler, the Eden Prairie ( Minn. ) company doesn't own trucks but instead relies on a global network of more than 50,000 carriers. CEO John Wiehoff says Robinson is coping with declining freight activity by persuading clients, which include PepsiCo (PEP) and Wal-Mart (WMT), to give C.H. Robinson more of their shipping budget. And he's negotiating cheaper rates from struggling truckers to boost profit margins. One growth area: fee-based transportation-management services.
