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

The International Air Transport Association (IATA) announced August 2014 data for global air freight markets showing continued “robust”growth in air cargo volumes.

Even though some of its key metrics dropped sequentially from August to September, the outlook for manufacturing over all remains strong, according to the most recent edition of the Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

Company officials said that these planned changes, which will take effect on January 4, 2015, will provide for increases in current pay rates and reduce the time it takes for its nearly 15,000 drivers to reach top pay scale.

While the economy has seen more than its fair share of ups and downs in recent years, 2014 is different in that it could be the best year from an economic output perspective in the last several years. That outlook was offered up by Rosalyn Wilson, senior business analyst at Parsons, and author of the Council of Supply Chain Management Professionals (CSCMP) Annual State of Logistics Report at last week’s CSCMP Annual Conference in San Antonio.

Matching last week, the average price per gallon of diesel gasoline dropped 2.3 cents, bringing the average price per gallon to $3.755 per gallon, according to the Department of Energy’s Energy Information Administration (EIA).

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