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Article: THE MINNESOTA INVESTOR; Cargo-mover thrives by owning no trucks; C.H. Robinson, which has been around for 102 years, serves as a broker, connecting shippers with transport firms.(BUSINESS)(Company overview)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- July 6, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Gene Walden
The current economy would seem like the perfect storm for the trucking and transportation industry. Orders for commodities and other goods are slumping across the board, reducing the demand for transportation services. At the same time, diesel prices have climbed 70 percent over the past 12 months, squeezing margins on all shipments. How is C.H. Robinson, the Eden Prairie-based trucking and transportation logistics operation, dealing with the situation? The same way it has dealt with the ups and downs of the economy for the past three decades. It still is finding a way to increase earnings and revenue, just as it has every year since 1980 when Congress ...
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