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THE TOP 40 3PLs 2009

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C.H. Robinson Worldwide, Inc.

Eden Prairie, MN
NASDAQ: CHRW
John Wiehoff, CEO & Chairman
952-937-8500
www.chrobinson.com

3PL Turnover:

$8.6b

Service Area:

Tier 1 – Global Supply Chain Manager – Major Markets

3PL Assets:

7,961 employees
100 warehouses and cross-dock affiliates

Information Systems:

Excellent
TMS – Proprietary
WMS – HighJump

Services:

Freight brokerage, air and ocean freight forwarding, transportation management, warehousing, print logistics, produce sourcing, consulting

Industry Focus/Key Customers:

Agriculture, consumer goods, food and beverage, forest/paper products, packaging/containers, petroleum refining, retail, technology
Key Customers: 3M, Amalgamated Sugar, Coca-Cola North America, ConAgra Foods, ConocoPhillips, Dole Food, Frito-Lay, John Deere, Subway, Tetra Pak, UPM-Kymmene

Armstrong & Associates’ Evaluation:

C.H. Robinson continues to be the most profitable 3PL, regularly achieving net income margins greater than 20%. C.H. Robinson continues to refine the excellent business model put in place by the founders. C.H. Robinson dominates domestic transportation management in North America. While 76% of Robinson’s net revenues are truck transportation related, it has solid domestic intermodal, international air and ocean, food sourcing, fuel card services and fuel management, and supply chain management. Employees are highly incented to take care of customers. C.H. Robinson’s Canadian operations have developed quickly and it has become a strong player. European operations have also been successful and profitable. They are a national fit for Europe’s atomized owner-operator based companies. Asian operations continue to grow. Recently, Robinson acquired offices in India and continues to make careful purchases of companies with specializations and has access to the free cash flow to make more. C.H. Robinson's IT and business processes are tightly coordinated. Reporting capabilities provide good operating and profitability control. Ongoing modifications include much stronger and friendlier carrier/capacity management.




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