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C.H. Robinson to Buy Freightquote

C.H. Robinson will buy Freightquote for $365 million in cash, said C.H. Robinson in a press release (here). The deal is subject to closing conditions, including regulatory approval, said C.H. Robinson. Freightquote, a privately held freight brokerage with about 1,000…

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employees, is based in Kansas City, Missouri. “Freightquote brings synergies to our less than truckload and truckload businesses as well as a talented technology team with expertise developing a great e-commerce store front experience," said C.H. Robinson CEO John Wiehoff.