Ch Robinson Article From Business Week

T

thefriendlybroker

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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.
 
It just goes to show

It goes to show that bottom feeders still get dealt with. If every carrier were to boycott C.H. Robinson I can almost guarantee you would see just how much they truly have to play with in regards to rates...
 
i love the remark about the smile!!!! so true!
its shows they dont run any trucks, none of their people ever know what kind of freight, weight or dimentions they book. terrible to work with, so disorganized!
 
the sight of this guy makes me sick,it's not bad enough to screw people out of business,but then take pride in it after,what a *&*^ing dirt-bag....
 
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