Revenues in Q1 at C.H. Robinson boosted by APC acquisition

C.H. Robinson Worldwide’s total revenues increased by 11.1 per cent in the first quarter (Q1) of 2017 compared to Q1 in 2016 – reaching $3.41 billion. The company says performance for the first three months of the year was driven by volume growth across all transportation services, while total net revenues rose by 0.9 per cent […]

New forwarding offices opened by C.H. Robinson

C.H. Robinson has opened new offices in Asia and Canada and more after acquiring APC Logistics, which has extensive freight forwarding and customs brokerage services in the Oceania region. The US freight forwarder says the move has ensured shippers’ “needs are met and exceeded” by expanding its global footprint in key strategic global markets, and led to creation […]

C.H. Robinson picks up APC Logistics in $225m deal

C.H. Robinson has agreed to buy APC Logistics – a provider of freight forwarding and customs brokerage services in Australia and New Zealand. C.H. Robinson intends to purchase APC Logistics for approximately $300 million AUD ($225 million) in cash. The acquisition is expected to be accretive in 2016 and 2017 and will be financed through cash and […]