C.H. Robinson acquires Indian company

C.H. Robinson Worldwide Inc. announced that it has acquired Triune Freight Private Ltd. and Triune Logistics Private Limited. Triune is a third-party logistics provider based in India. Triune has approximately 160 employees in 19 offices throughout India, and has annual gross revenues of approximately $11 million. Triune has more than 600 customers and provides primarily air and ocean international forwarding along with customs clearance services. They also have a projects division focused on highly specialized movements and solutions. Like C.H. Robinson (Nasdaq:CHRW), Triune is non-asset based. Headquartered in Chennai, Triune was founded in 1999 and is privately held, terms of the acquisition were not disclosed. Eden-Prairie-based C.H. Robinson is a third-party provider of provider of multimodal transportation services and logistics solutions.

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