ITEM 1. BUSINESS
C.H. Robinson Worldwide, Inc. (“C.H. Robinson,” “the company,” “we,” “us,” or “our”) is one of the largest third party logistics companies in the world
with 2012 consolidated total revenues of $11.4 billion. We are a service company. We provide freight transportation services and logistics solutions to
companies of all sizes, in a wide variety of industries. During 2012, we handled approximately 11.5 million shipments and worked with more than 42,000
active customers. We operate through a network of 276 offices, which we call branches, in North America, Europe, Asia, South America, and Australia. We
have developed global transportation and distribution networks to provide transportation and supply chain services worldwide. As a result, we have the
capability of facilitating most aspects of the supply chain on behalf of our customers.
As a third party logistics provider, we cultivate contractual relationships with a wide variety of transportation companies, and utilize those relationships to
efficiently and cost effectively transport our customers’ freight. We have contractual relationships with approximately 56,000 transportation companies,
including motor carriers, railroads (primarily intermodal service providers), air freight and ocean carriers. Depending on the needs of our customer and their
supply chain requirements, we select and hire the appropriate transportation for each shipment. Our model enables us to be flexible, provide solutions that
optimize service for our customers, and minimize our asset utilization risk. As an integral part of our transportation services, we provide a wide range of
value-added logistics services, such as freight consolidation, supply chain consulting and analysis, optimization, and reporting.
In addition to transportation, we provide sourcing services (“Sourcing”). Our Sourcing business is primarily the buying, selling, and marketing of fresh
produce. It was our original business when...