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Analysis: C.H. Robinson reaches forwarding big leagues

Industries

Thursday, September 27, 2012

C.H. Robinson paid a premium to win a bidding war for Chicago-based freight forwarder Phoenix International. Company officials say Phoenix's growth potential as a high-quality operator easily justified the price and analysts said Robinson likely would realize a healthy return on investment in the long term. The Minneapolis-based company is one of the largest and most profitable third-party logistics providers in the world, but its core market is in the United Stat...

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