C. H. Robinson, one of the world’s largest logistics companies, and a member of the volunteer Minnesota Task Force that brought together government and private organizations to get personal protective equipment (PPE) for the state, today revealed costly transportation and logistics trends that are adding to budgetary challenges for states in need of PPE, especially as they deploy reopening strategies.
C.H. Robinson today announced that it has finalized the acquisition of Prime Distribution Services (“Prime”), a leading provider of retail consolidation and value-added warehouse services in North America, from Roadrunner Transportation for $225 million.
C.H. Robinson (Nasdaq: CHRW) today announced it has entered into a definitive agreement to acquire Prime Distribution Services (“Prime”), a leading provider of retail consolidation services in North America, from Roadrunner Transportation (NYSE: RRTS). The agreement is subject to certain customary closing conditions, including regulatory approval.
C.H. Robinson today formally introduced C.H. Robinson ®Labs™, an innovation incubator where the next big ideas in logistics and supply chain are created, tested, and scaled to drive smarter solutions for C.H. Robinson’s customers and carriers. Tim Gagnon, Vice President of Analytics and Data Science at C.H. Robinson, has been tapped to lead the incubator, informally known as Robinson Labs, and its dedicated data science teams in Minneapolis; Chicago; Silicon Valley; and Warsaw, Poland.
C.H. Robinson announced today that Michael Castagnetto has been promoted to President of the Robinson Fresh division. He succeeds Jim Lemke who retired earlier this year. Castagnetto will report to C.H. Robinson President and CEO Bob Biesterfeld.