C.H. Robinson’s $900 Million Drop Trailer Business Surpasses Half a Million Loads on Its Way to Another Record Year
17 10월 2024 - 10:00PM
Business Wire
The global logistics company is helping
thousands of customers expand their drop-trailer options
Global logistics company C.H. Robinson, the fourth-largest drop
trailer provider in North America, has already moved half a million
drop trailer shipments this year on its way to record-setting
volume. In an industry that has historically considered drop
trailer the domain of asset carriers, the 3PL is celebrating its
25th year of offering the service.
“We pride ourselves on growing with our customers’ needs, and
our growth in drop trailer is an absolute testament to that,” said
Michael Castagnetto, President of C.H. Robinson’s North American
Surface Transportation division. “Drop trailer has always been in
our DNA. As early as 1905, our teams were strategically optimizing
the drop-off and pick-up of wooden carts for merchants. Today, as a
modern 3PL serving nearly every industry, we continue to be a
leader in meeting our customers’ ever-evolving drop trailer
needs.”
C.H. Robinson Drop Trailer Plus™ is a $900 million service line
for the company, representing over 10% of its truckload volume. The
service includes dry van, temp control and flatbed modes. Customers
get access to C.H. Robinson’s trailer pool and the trailers of the
largest network of carriers in North America.
“The reason we’re the No. 1 drop trailer provider for some of
our largest shippers is that our breadth of carriers allows us to
customize and flex a drop trailer program,” said Adam McDonough,
C.H. Robinson’s VP for drop trailer. “We can offer more options for
more drop trailer in more places because we’re not constrained by a
narrow network. That flexibility allows us to scale a drop trailer
program without the shipper having to pay a premium or sacrifice
quality of service. So if you’re only considering the same
traditional carriers for your drop trailer RFPs, you’re leaving
capacity on the table.”
These are some of the ways C.H. Robinson is enabling over 2,800
shippers to do more drop trailer, while optimizing both cost and
service.
- Existing supplier relationships: When C.H. Robinson already has
a relationship with a supplier such as a tiremaker, the national
retail chains, regional distributors and local stores receiving
inbound shipments from the tiremaker can all benefit from the
economy of scale provided by a drop pool. C.H. Robinson’s deep
understanding of the tiremaker’s people, processes, and facilities
also enhances efficiency.
- Nearby drops: Locations where C.H. Robinson already has a
carrier dropping nearby can get excellent on-time performance when
dropping for another C.H. Robinson shipper in the area.
- Closing loops: A C.H. Robinson carrier with regular runs from
Pittsburgh to Philadelphia and Philadelphia to Baltimore could
offer a shipper great drop trailer service at a competitive rate
from Baltimore to Pittsburgh.
- Increasing utilization: A C.H. Robinson carrier with strength
in a corridor but only 80% utilization on the backhaul could offer
a shipper an attractive drop trailer rate to potentially lift that
to 95%.
The scale of C.H. Robinson’s carrier network also provides
stability for shippers who can’t risk tender rejections from
providers without enough tractors, trailers or drivers in any given
lane at a given time. C.H. Robinson offers dependable, consistent
drop trailer service with advanced real-time visibility and 98.2%
accuracy in predictive ETAs. For more information, go to
chrobinson.com/droptrailer.
About C.H. Robinson
C.H. Robinson delivers logistics like no one else™. Companies
around the world look to us to reimagine supply chains, advance
freight technology and solve logistics challenges—from the simple
to the most complex. Over 90,000 customers and 450,000 contract
carriers in our network trust us to manage $22 billion in freight
annually. Through our unmatched expertise, unrivaled scale and
tailored solutions, we ensure the seamless delivery of goods across
industries and continents via truckload, less-than-truckload,
ocean, air and beyond. As a responsible global citizen, we make
supply chains more sustainable and proudly contribute millions to
the causes that matter most to our employees. For more information,
go to www.chrobinson.com. (Nasdaq: CHRW)
CHRW-IR
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version on businesswire.com: https://www.businesswire.com/news/home/20241017828383/en/
Maria Lettman maria.lettman@chrobinson.com
CH Robinson Worldwide (NASDAQ:CHRW)
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CH Robinson Worldwide (NASDAQ:CHRW)
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