Subscribe to our free, weekly email newsletter!


CHRW acquires Timco Worldwide

By Jeff Berman, Group News Editor
September 29, 2011

Third-party logistics services and produce sourcing services provider and freight transportation broker C.H. Robinson Worldwide (CHRW) announced this week that its subsidiary C.H. Robinson Company has acquired Timco Worldwide, a Davis, Calif.-based provider and marketer of quality produce, specifically melons.

Financial terms of the deal were not disclosed.

CHR officials said that Timco is focused on providing retail and club store customers with a year-round supply of regular and mini sized watermelons, as well as providing cantaloupes, honeydews, and mixed melons on a seasonal basis. They added that Timco has operations in ten states and five countries, including Honduras, Guatemala, Costa Rica, Mexico, and Panama and will augment CHR’s various melon category programs. Timco, said CHR, also offers growers unique and proprietary technology in advanced planning, sorting, and distribution services.

“Timco Worldwide is a perfect addition to our product and supply strategy that we have been developing over the last 6 years, starting with the acquisition of FoodSource in 2005,” said Jim Lemke, senior vice president at C.H. Robinson, in an interview. For the past several years, we have been engaged in projects which help to consolidate and improve supply chains that are typically difficult for buyers to purchase consistently and effectively.  The melon category fits this strategy nicely.” 

Lemke also noted that C.H. Robinson and Timco have had a long-standing relationship, explaining that Timco specializes in conventional and organic, seedless and mini melons with its core products matching C.H. Robinson’s strategy perfectly.

What’s more, he said this allows C.H. Robinson to continue to meet the needs of its customers and grow its business for its shareholders and the company is excited about having Timco Worldwide be a part of that growth.

When asked what the primary benefits of this deal are for C.H. Robinson customers, Lemke said that with a more robust grower network, year-round availability, and leading edge grower planning and sorting technology, customers will receive a strong portfolio of products and services in this category. 

“Through Timco and C.H. Robinson’s seed programs, customers will see and participate in innovative genetics and seed trial tests, which ultimately will give buyers more options and confidence in the category,” he said. “Growers will see better yields and a broad array of services to help improve the overall planning, production and distribution processes.  In addition, customers should expect to see improved growth in their melon business because of the flexible and credible logistics options and unique marketing programs C.H. Robinson can offer.”

C.H. Robinson officials declined to disclose information regarding how many employees Timco has or revenue figures.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Even though China’s costs have risen and the U.S. has now surpassed Mexico as the preferred locale for relocating offshored manufacturing, advantages can be fleeting and the challenges great

Memphis-based FedEx reported solid fiscal second quarter earnings results today. Quarterly net income of $616 million was up 23 percent annually, and revenue, at $11.9 billion, was up 5 percent. Operating income at $1.01 billion was up 22 percent.

UPS said this week that it has added significant space to some of its North America-based distribution facilities, which the company increases the total size of its supply chain solutions network size by roughly 1.2 million square-feet. The company’s total global supply chain solutions network is comprised of 596 facilities and about 32.8 million square-feet. UPS offers various services at these facilities, including: warehousing and fulfillment inventory, transportation and returns management; custom kitting and packaging; and store-ready displays.

A week ago, the average price per gallon of diesel gasoline saw its steepest decline in more than two years, when it fell 7 cents to $3.535. This week took that decline a step further, with the Department of Energy’s Energy Information Administration (EIA) reporting that the average price this week fell 11.6 cents to $3.419 per gallon.

With an eye on further expansion of its e-commerce business and related reverse logistics processes, transportation and logistics bellwether FedEx last night announced it has inked an agreement to acquire Pittsburgh-based GENCO, a third-party logistics (3PL) services provider specializing in product lifecycle and reverse logistics.

Article Topics

News · 3PL · Sourcing · C.H. Robinson · Logistics · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA