C.H. Robinson purchases The Space Cargo Group

The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.

C.H. Robinson purchases The Space Cargo Group

The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.

C.H. Robinson purchases The Space Cargo Group

The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.

 
C.H. Robinson Worldwide Inc. announced Friday it had purchased Spanish freight forwarder The Space Cargo Group for approximately $48 million in cash.
    Space Cargo, headquartered in Madrid, will be integrated into C.H. Robinson’s global forwarding division and single global technology platform, Navisphere, according to a press release.
    Space Cargo, an ocean and air freight forwarding provider, has more than 2,500 active customers with seven offices in Spain and one in Colombia. It ended its fiscal year with about $84 million in gross revenues.
    “We look forward to working with Space Cargo’s customers to offer our full suite of logistics services to enhance their supply chains,” said Bob Biersterfeld, COO and CEO-elect of C.H. Robinson. “Space Cargo’s leadership, expertise and strong customer and carrier relationships, combined with C.H. Robinson’s global service offerings and network, will also create more robust capabilities for our customers and add scale to our business.”
    C.H. Robinson’s global forwarding business currently serves five continents and 32 countries, according to the release.

Our goal as always is to be sure that river is not the silent ‘R’ in transportation and that policymakers don’t just focus on roads, rail and runways.

The Port of New York & New Jersey is called by 42 liner services that directly connect it to regions outside North America, 11 of which call Asia, according to BlueWater Reporting's Port Dashboard tool.

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C.H. Robinson purchases The Space Cargo Group

The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.

Mar 01, 2019 on Dec 27, 2018AmericanShipper.com

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C.H. Robinson purchases The Space Cargo Group

The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.

Mar 01, 2019 on Dec 27, 2018AmericanShipper.com