Prime Distribution Services
2019
$225M
Why
Add retail freight consolidation services.
C.H. Robinson Worldwide, Inc.
Acquisitions
3
Major Deals Covered
$1.2B
Disclosed Deal Value
C.H. Robinson's largest disclosed acquisition here is Phoenix International Freight Services for $635M in 2012. This page covers 3 major deals from 2012 to 2019, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Phoenix International Freight Services | 2012 | $635.0M | Expand ocean and air freight forwarding scale. |
| Freightquote | 2015 | $365.0M | Add an online freight booking platform focused on LTL and small and mid-sized shippers. |
| Prime Distribution Services | 2019 | $225.0M | Add retail freight consolidation services. |
2019
$225M
Add retail freight consolidation services.
2015
$365M
Add an online freight booking platform focused on LTL and small and mid-sized shippers.
Expanded C.H. Robinson's digital LTL capabilities and reach among smaller shippers.
Freightquote was integrated into the Navisphere ecosystem, enhancing the company's ability to offer multi-modal solutions and driving significant growth in the LTL segment.
2012
$635M
Expand ocean and air freight forwarding scale.
Roughly doubled C.H. Robinson's global forwarding business and formed the core of today's Global Forwarding segment.
C.H. Robinson's strategy under Dave Bozeman combines a lean operating model with AI automation. The company uses AI agents to handle routine work such as price quotes, order entry, load tracking, and appointment scheduling, letting fewer people handle more shipments. It is also targeting market-share gains in NAST truckload and LTL, growing higher-margin air and LTL services, and running Global Forwarding for profit rather than volume. Capital is returned through quarterly dividends and share repurchases.
C.H. Robinson operates an 'asset-light' freight brokerage business model. If a large food company needs to move 500 truckloads of cereal from Chicago to Dallas, they don't call 500 independent truckers. They call C.H. Robinson. C.H. Robinson quotes a price for the entire job. They then use their large 'Navisphere' digital platform and thousands of human brokers to find independent truck drivers willing to take the load for a slightly lower price. The entire multi-billion dollar business is built on pocketing that tiny spread between what the shipper pays and what the trucker earns.
In November 2012, C.H. Robinson acquired Chicago-based international freight forwarder Phoenix International Freight Services for $635 million in cash, instantly doubling C.H. Robinson's ocean and air freight forwarding scale.
In 2019, C.H. Robinson acquired Prime Distribution Services for $225 million in cash, adding retail freight consolidation, warehousing, and multi-vendor packaging facilities to strengthen delivery to major mass retailers like Walmart and Target.
In January 2015, C.H. Robinson acquired Kansas City-based digital freight broker Freightquote.com for $365 million in cash, establishing market dominance in online Less-Than-Truckload (LTL) and small business digital freight booking.
C.H. Robinson expanded its European surface transportation footprint by acquiring major European freight forwarders and regional 3PLs, including Spain-based The Space Cargo Group (2019) and Milan-based Dema Services (2016).
In September 2016, C.H. Robinson acquired Australian freight forwarder and customs brokerage firm APC Logistics for approximately $225 million, creating a dominant logistics footprint across Australia and New Zealand.
In May 2015, C.H. Robinson acquired 3PL Transfreight North America from Mitsui & Co. for $84 million, expanding specialized lean supply chain and just-in-time logistics services for the North American automotive manufacturing sector.
C.H. Robinson funds acquisitions primarily through operating cash flow and its revolving credit facility, maintaining low balance sheet leverage and an investment-grade credit profile.
C.H. Robinson targets acquisitions that expand global ocean and air forwarding trade lanes, strengthen US-Mexico nearshoring cross-border capacity, or add specialized technology to enhance its Navisphere digital platform.
To aggressively expand beyond domestic trucking, C.H. Robinson acquired Phoenix International in 2012 for $635 million, instantly making them a massive player in global ocean and air freight forwarding.
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