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Synopsis
C.H. Robinson, a provider of multimodal transportation services and third-party logistics, agreed to acquire Prime Distribution Services, a provider of retail consolidation solutions, from Roadrunner Transportation, an asset-light transportation and supply chain solutions provider, for $225m. “Prime Distribution brings capabilities and synergies to our North American Surface Transportation business and allows us to provide a strategic advantage for our customers delivering to retailers. We are excited to welcome the talented team at Prime to C.H. Robinson, and we will work hard to create even more value for our combined set of employees, customers and carriers,” Mac Pinkerton, C.H. Robinson President of North American Surface Transportation.
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