Moving quickly to integrate LXSI's operations, C.H. Robinson also announced the formation of two new branches: C.H. Robinson Air Logistics and C.H. Robinson Long Beach.
C.H. Robinson said that all LXSI employees have been offered positions with the new branches, and LXSI founders Dave Hall and Andi Salazar-Hall will remain. Hall will lead the development and sales effort of the C.H. Robinson Air Logistics services and Salazar-Hall was named to manage the C.H. Robinson Long Beach branch.
Financial details of the acquisition were not released. However, C.H. Robinson said LXSI reported 2006 revenues of $25 million. In addition to acquiring the LXSI customer base, which includes firms in the health care, entertainment, technology, financial services and retail industries, the deal included LXSI's 85,000-square-foot facility in Compton.
The $6.6 billion-per-year C.H. Robinson is one of the world's largest non-asset-based 3PLs, with a network of more than 7,000 professionals in 217 offices in North America, Europe, Asia and South America.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now