C.H. Robinson Acquires European Freight Forwarding Companies

Hirdes provides air and ocean international forwarding with localcartage. Hirdes has seven locations in Germany and three locations inthe United States. Terms of the acquisition were not disclosed.

Hirdes was established in 1871 by the Hirdes family. ThomasHirdes, 53, served as the chairman, president and managing director ofU.S. operations and resides in Chicago, IL. Mr. Hirdes and themanaging director of Germany, Peter Mundt, 45, will continue with C.H.Robinson. Hirdes has 92 employees, all of whom were offered employmentwith C.H. Robinson.

Bussini provides international freight forwarding, customsbrokerage, and domestic truck services. It is based in Milan, Italy.The company was founded in 1939 by the Bussini family. AllesandroBussini, 27, will continue with C.H. Robinson as branch manager. Aspart of the acquisition, C.H. Robinson hired 27 employees. Terms ofthe acquisition were not disclosed.

"Hirdes and Bussini are strong, successful companies and will beimportant additions to Robinson's international freight forwardingnetwork," said Joseph J. Mulvehill, vice president, international, ofC.H. Robinson. "Expanding our international network is one of our keylong-term growth objectives and both of these companies will enhanceour capabilities and our international relationships. They have greatreputations in the industry and excellent track records. We lookforward to having them on board."

Founded in 1905, C.H. Robinson Worldwide, Inc., has gross revenuesof approximately $4.3 billion and is a global provider of multimodaltransportation services, logistics solutions and fresh producesourcing, operating through a network of 178 offices in North America,South America, Europe and Asia. C.H. Robinson is one of the largestthird-party logistics companies based in North America and works withmore than 35,000 motor carriers worldwide. The company is one of thelargest third-party providers of intermodal services in the UnitedStates. C.H. Robinson Worldwide, Inc., headquarters is in EdenPrairie, Minn. For more information about C.H. Robinson Worldwide,visit www.chrobinson.com.

Except for the historical information contained herein, thematters set forth in this release are forward-looking statements thatrepresent our expectations, beliefs, intentions or strategiesconcerning future events. These forward-looking statements are subjectto certain risks and uncertainties that could cause actual results todiffer materially from our historical experience or our presentexpectations, including, but not limited to such factors as marketdemand and pressures on the pricing for our services; competition andgrowth rates within the third-party logistics industry; freight levelsand availability of truck capacity or alternative means oftransporting freight, and changes in relationships with existingtruck, rail, ocean and air carriers; changes in our customer base dueto possible consolidation among our customers; our ability tointegrate the operations of acquired companies with our historicoperations successfully; risks associated with litigation andinsurance coverage; risks associated with operations outside of theU.S.; changing economic conditions such as general economic slowdown,decreased consumer confidence, fuel shortages and the impact of war onthe economy; and other risks and uncertainties detailed in our Annualand Quarterly Reports.