Most of us assume we can get fresh blueberries in February, buy brightly colored flowers for Mother's Day or find fully stocked shelves at department stores in the midst of a snowstorm.
C.H. Robinson Worldwide Inc. helps make it happen.
The Eden Prairie-based global logistics firm matches manufacturers, retailers, grocers and a host of other companies with cargo carriers to find the best way to move goods from point A to point B — whether by land, air or sea.
By combining its proprietary online tracking system with old school person-to-person sales skills, the $13.5 billion company has become one of the world's top-five third-party freight-moving companies, working with nearly every Fortune 500 company in America and most of Minnesota's best-known brands.
Since going public in 1997, the 110-year-old company has plodded along with mostly measured and organic growth. But Robinson has sunk more than $1 billion into acquisitions since 2010, with two of its largest deals coming in the past three years.
The broader freight-moving industry has been on a buying jag as well, taking advantage of low capital costs and interest rates. Longtime CEO John Wiehoff said Robinson is more interested in making strategic plays for companies that will beef up its international footprint or enhance its technology.
"A number of companies in our industry have been way more aggressive with acquisitions, buying anything you can," Wiehoff said. "We've been much more deliberate and thoughtful, with great sensitivity to cultural fit and a successful integration."
C.H. Robinson already is reaping benefits from its most recent deals. Its $635 million purchase of Chicago-based Phoenix International in 2013 doubled the company's global ocean-and-air freight forwarding business, expanding its toehold onto the world's largest and most coveted trade lane between China and North America.