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C.H. Robinson Sells European Transport Business to Sennder Technologies, Financial Terms Undisclosed

Author: Benzinga Newsdesk | July 30, 2024 03:06am

Global logistics leader, C.H. Robinson Worldwide, Inc. ("C.H. Robinson" or the "Company") (NASDAQ:CHRW) announced today that it has made the strategic decision to sell its European Surface Transportation business (EST) to sennder Technologies GmbH, the leading digital road freight forwarder in Europe ("sennder"). This move is part of the Company's enterprise strategy to get fit, fast and focused and to drive focus on profitable growth in its four core modes – North American truckload and less-than-truckload and global ocean and air – as the engines to create the most value for its stakeholders.

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