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At C.H. Robinson, it’s been a long, difficult trip

Jan 10, 2024 at 08:46 AM CST

On Jan. 3, 2023, the transportation world awoke to the news that Bob Biesterfeld, president and CEO of freight broker and 3PL giant C.H. Robinson Worldwide Inc., had resigned his posts. The company’s stock, which had already dropped more than 15% from around $120 a share in August, registered little immediate reaction to Biesterfeld’s abrupt departure.