CH Robinson Acquires Transera
With the acquisition of Canadian project freight forwarder Transera International, CH Robinson Worldwide expands its global freight forwarding capability. Transera, based in Calgary, Alberta, is a non-asset global project freight forwarder handling over-dimensional and heavy lift shipments. It has eight offices in Canada, Dubai, Singapore and the US. Annual gross revenues were approximately $125 million.
Terms of the acquisition were not released.
“We are very excited to bring our capabilities to Robinson and turn international over-dimensional freight shipping into a successful core offering for Robinson's current and future customers,” said Rosemary Marr, founder and CEO of Transera.
CH Robinson Worldwide provides multimodal transportation services and logistics solutions through a network of 221 offices in North America, Europe, Asia and South America.