"We see significant long-term opportunity in international forwarding as global trade expands, scale and technology continue to become more important, and shippers increasingly look to transportation providers to provide global services," C.H. Robinson CEO John Wiehoff said.
"Together, Robinson and Phoenix will be in a strong competitive position to capitalize on those growth opportunities and continue expanding our market share," he added.
Phoenix, a Chicago-based freight forwarder and Customs broker, recorded net revenue of approximately $161m in the fiscal year that ended June 30.
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