C. H. Robinson Worldwide
Encyclopedia
C.H. Robinson Worldwide, Inc. is a Fortune 500
third-party logistics provider which provides domestic and international freight transportation and logistics
services.
) incorporated C.H. Robinson Company in 1905 in the city of Grand Forks, North Dakota
, as a produce and general merchandise brokerage firm. After several years, Robinson expanded their business to address the complex problem of how to transport and distribute perishable products by horse and buggy before they spoil.
In 1968, the company entered the regulated trucking business with a contract carrier known as Meat Packers Express, and later created ROBCO Transportation as an irregular route carrier. Robinson became wholly owned by its employees in 1976. In 1978, The Fresh1 brand was introduced for Robinson’s produce brokerage business. Robinson bought its first IBM mainframe
in 1979, which began an era of centrally supported technology, electronics communications and information sharing.
The passage of the Motor Carrier Act of 1980
deregulated transportation, allowing C.H. Robinson to act as a freight brokerage for any type of product. In 1986, ROBCO was divested and Robinson became a completely non-asset based logistics provider. The company went public on October 16, 1997, as C.H. Robinson Worldwide .
On March 4, 2010, Fortune
magazine named C. H. Robinson as the most admired transportation, trucking, and logistics company in the world.
Fortune 500
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies collect. The list includes publicly and...
third-party logistics provider which provides domestic and international freight transportation and logistics
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
services.
History
Charles Robinson (born in New York CityNew York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
) incorporated C.H. Robinson Company in 1905 in the city of Grand Forks, North Dakota
Grand Forks, North Dakota
Grand Forks is the third-largest city in the U.S. state of North Dakota and the county seat of Grand Forks County. According to the 2010 census, the city's population was 52,838, while that of the city and surrounding metropolitan area was 98,461...
, as a produce and general merchandise brokerage firm. After several years, Robinson expanded their business to address the complex problem of how to transport and distribute perishable products by horse and buggy before they spoil.
In 1968, the company entered the regulated trucking business with a contract carrier known as Meat Packers Express, and later created ROBCO Transportation as an irregular route carrier. Robinson became wholly owned by its employees in 1976. In 1978, The Fresh1 brand was introduced for Robinson’s produce brokerage business. Robinson bought its first IBM mainframe
IBM mainframe
IBM mainframes are large computer systems produced by IBM from 1952 to the present. During the 1960s and 1970s, the term mainframe computer was almost synonymous with IBM products due to their marketshare...
in 1979, which began an era of centrally supported technology, electronics communications and information sharing.
The passage of the Motor Carrier Act of 1980
Motor Carrier Act of 1980
The Motor Carrier Regulatory Reform and Modernization Act, more commonly known as the Motor Carrier Act of 1980 is a United States federal law which deregulated the trucking industry.-Background:...
deregulated transportation, allowing C.H. Robinson to act as a freight brokerage for any type of product. In 1986, ROBCO was divested and Robinson became a completely non-asset based logistics provider. The company went public on October 16, 1997, as C.H. Robinson Worldwide .
On March 4, 2010, Fortune
Fortune (magazine)
Fortune is a global business magazine published by Time Inc. Founded by Henry Luce in 1930, the publishing business, consisting of Time, Life, Fortune, and Sports Illustrated, grew to become Time Warner. In turn, AOL grew as it acquired Time Warner in 2000 when Time Warner was the world's largest...
magazine named C. H. Robinson as the most admired transportation, trucking, and logistics company in the world.