Transforming Treasury at C. H. Robinson
The treasury team at global logistics giant C. H. Robinson set out to reinvent its cash and liquidity management structure within Europe. To do so, they enlisted BNP Paribas for a strategy focused on automation and process efficiencies across key European treasury activities.
C.H. Robinson Worldwide is one of the largest global logistics companies, providing multimodal transportation and logistics solutions using technology tools it develops in-house.
Mary Walker, Assistant Treasurer, C. H. Robinson, outlines: “We are one of the world’s largest logistics platforms, with 20 million annual shipments, $30bn of freight under management, and our consolidated total revenues for 2022 were $24.7bn.”
Fresh ideas to transform treasury
The company’s core treasury functions are led by a small team in Eden Prairie, Minnesota. The team oversees everything from global cash positioning and cash forecasting to capital allocation strategy, and capital markets. Additionally, local finance team members handle cash management responsibilities in the Europe, Asia, Oceania and Latin America regions.