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C.H. Robinson Worldwide to Double Spending on Freight Technology

Sep 19, 2019 at 08:56 AM CST

C.H. Robinson Worldwide Inc., the biggest freight broker in North America, will double its technology spending over the next five years as it fends off challenges from a growing field of digital startups. The Eden Prairie, Minn.-based company plans to spend $1 billion to hire more data scientists, engineers and developers to expand its technology and develop new services in an estimated $86.5 billion U.S. domestic market for managing freight transportation.