C.H. Robinson takes ownership of Phoenix International

Intermediaries

Monday, November 05, 2012

Global logistics provider C.H. Robinson announced Friday it has finalized the acquisition of Chicago-based freight forwarder Phoenix International for $571.5 million in cash and about $63.5 million in newly-issued C.H. Robinson common stock. Eden Prarie, Minn.-based C.H. Robinson revealed in late September that it had made an offer to buy Phoenix , which is especially strong in the transpacific ocean freight market. - Eric Kulisch ...

You have requested access to content only available to Registered Users of American Shipper. You can become a registered user for FREE. You will not have access to premium content.

Your registration to American Shipper is FREE and will provide you access to much of the content on the American Shipper Web site. You will not have access to Premium Content.

SUBSCRIBE NOW
Access to premium content, original reporting, research, and feature stories require a paid subscription. Subscriptions to American Shipper costs $120 a year. Your subscription includes unlimited access to content on the American Shipper Website, early access to the digital edition of the monthly magazine, and the daily AS+ premium newsletter published each morning.