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C.H. Robinson Worldwide (FRA:CH1A) Accounts Payable & Accrued Expense for Financial Companies


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What is C.H. Robinson Worldwide Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


C.H. Robinson Worldwide (FRA:CH1A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C.H. Robinson Worldwide Inc (FRA:CH1A) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
14701 Charlson Road, Eden Prairie, MN, USA, 55347-5088
C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 60% of 2022 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (30%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of the European truck-brokerage division, transportation management services, and a legacy produce-sourcing operation.