C.H. Robinson Worldwide Inc. has acquired certain assets of Triune Freight Private Ltd. and Triune Logistics Private Ltd., a third-party logistics provider based in India. Triune has 160 employees in 19 offices throughout India,
and has annual gross revenues of approximately $11 million.
Triune has more than 600 customers and provides primarily air and ocean international forwarding along with customs clearance services. They also have a projects division focused on highly specialized movements and solutions. Like C.H. Robinson, Triune is non-asset based.
“Further expansion of our international freight forwarding network is one of our core growth strategies, and Triune is an excellent introduction for us into one of the world’s fastest-growing economies,” said Jeff Scovill, C.H. Robinson vice president of international. “They are a great company with a driven, service-oriented team of people and a well-balanced mix of forwarding services and customers. With Triune on board we can offer full coverage from northern to southern India, and we have a key platform to develop the C.H. Robinson network further into Southeast Asia.”