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C.H. Robinson Worldwide, Inc.

CHRWIndustrials· Eden Prairie, MN, United States
LAYOFFS TRACKED
1
LAST EVENT
Oct 1, 2023
MARKET CAP
$12.33B
EMPLOYEES
14,537

C.H. Robinson Worldwide, Inc., together with its subsidiaries, provides freight transportation services, and related logistics and supply chain services in the United States and internationally. It operates through two segments: North American Surface Transportation and Global Forwarding. The company offers transportation and logistics services, such as truckload, less than truckload transportation brokerage services, which include the shipment of single or multiple pallets of freight; intermodal transportation that comprises the shipment service of freight in containers or trailers by a combination of truck and rail; and non-vessel operating common carrier and freight forwarding services, as well as organizes air shipments and provides door-to-door services. It also provides customs brokerage services; and other logistics services, such as fee-based managed, warehousing, small parcel, and other services. It has contractual relationships with approximately 45,000 transportation companies, including motor carriers, railroads, and ocean and air carriers. In addition, the company is involved in the buying, selling, and/or marketing of fresh fruits, vegetables, and other value-added perishable items under the Robinson Fresh brand name. Further, the company offers transportation management services or managed TMS; and other surface transportation services. It provides its fresh produce to grocery retailers, restaurants, produce wholesalers, and foodservice distributors through a network of independent produce growers and suppliers. The company was founded in 1905 and is headquartered in Eden Prairie, Minnesota.

Layoff timeline

1 EVENT
Oct 1, 2023News

C.H. Robinson Worldwide, Inc. has reported a significant workforce reduction, laying off approximately 1,000 employees as part of its strategy to improve profitability and productivity. The layoffs were officially announced on October 1, 2023, and are part of a broader effort to streamline operations amid changing market conditions. The company aims to enhance its efficiency and adapt to evolving demands in the logistics sector. This decision reflects the ongoing challenges faced by the company in maintaining its competitive edge while managing operational costs. The layoffs are expected to impact various roles within the organization, although specific departments affected were not disclosed.

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