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With a market cap of $19.3 billion, C.H. Robinson Worldwide, Inc. (CHRW) is one of the world’s largest third-party logistics (3PL) providers, specializing in freight transportation, supply chain management, and logistics technology services. Founded in 1905 and headquartered in Eden Prairie, Minnesota, the company connects shippers with carriers across truckload, less-than-truckload (LTL), ocean, air, rail, and intermodal transportation networks.
Shares of CHRW have significantly outperformed the broader market over the past 52 weeks. CHRW stock has jumped 65.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 25.2%. However, shares of the company are up 1.8% on a YTD basis, trailing SPX’s 8.2% rise.
