Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - C. H. ROBINSON WORLDWIDE, INC. | d425668d8k.htm |
| EX-2.1 - ASSET PURCHASE AGREEMENT - C. H. ROBINSON WORLDWIDE, INC. | d425668dex21.htm |
| EX-99.1 - PRESS RELEASE DATED OCTOBER 16, 2012 - C. H. ROBINSON WORLDWIDE, INC. | d425668dex991.htm |
 Sale of T-Chek Systems, Inc.
Conference Call
October 16, 2012
John Wiehoff, Chairman & CEO
Chad Lindbloom, CFO
Exhibit 99.2 |
 2
Call Agenda
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Overview of T-Chek
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Transaction summary
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Strategic rationale
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T-Chek Systems, Inc.
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Wholly-owned subsidiary of C.H. Robinson since 1984
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Payment services: funds transfer, fuel purchasing, vendor payment
and expense management tools
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Major customer segments: truckload and less-than-truckload carriers;
private fleets; truckstop chains
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For the trailing 12 months ended September 30, 2012:
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T-Chek payment services net revenue approximately $52 million
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T-Chek operating income approximately $26 million
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Approximately 4% of C.H. Robinson total net revenues
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Approximately 190 employees, primarily in Minnesota
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Transaction Summary
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Strategic Rationale
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Significant changes in payment services industry
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Consolidation
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Increasing importance of scale
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Evolving toward financial services
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People
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EFS expects to retain a Minnesota presence
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EFS will work closely with T-Chek senior leadership to integrate the
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