[6] It also provides services including supply chain analysis, freight consolidation, core carrier program management, and information reporting.
Robinson's transportation of goods accounts for about 94% of its gross net revenues with the remainder coming from sourcing and marketing fresh produce.
[12] In the early 1900s, Charles Henry Robinson owned a small wholesale brokerage house that provided produce throughout North Dakota and Minnesota.
Robinson became the procurement arm for the Nash Finch Company as it expanded in Iowa, Minnesota, Wisconsin, Illinois, and Texas.
[citation needed] In the 1940s, the FTC found Nash Finch Company to have a "price advantage," and under the Robinson-Patman Act of 1936, C.H.
Robinson Co., was formed by the offices that sold produce to Nash Finch’s warehouses, and ownership was retained by C.H.
[citation needed] In 1968, the firm entered the regulated truck business as a contract carrier named Meat Packers Express based in Omaha, Nebraska.
[14] Robco Transportation Inc. was formed by merging Meat Packers Express with additional carriers three years later and was sold in 1986.
[5] The Motor Carrier Act of 1980 deregulated transportation industries in America and increased competition for logistics providers and shippers.
Forty per cent was generated by truck brokerage, with the remainder of revenue coming from produce sales.
[14] The initial market value totaled $743 million, and the firm began trading on NASDAQ under the symbol CHRW.
[18] The company’s work with nonprofits and other charity and community causes has been acknowledged, including selection as a finalist for the Minnesota Business Magazine 2015 Long-Term Achievement Award for “demonstrating a long-term commitment to positively impacting the state’s community of nonprofits or other worthy causes.”[19] Beginning in 1989, C.H.
Robinson added to its operations by purchasing companies including Daystar International, a distributor of fruit juice, and FoodSource.
Robinson employees, customers, and service providers to manage supply chain logistics, transportation, and sourcing activities on a global scale.