Bob Biesterfeld, CEO

Mike Zechmeister, CFO

Chuck Ives, Director of IR

Q4 2020

Earnings Presentation

January 27, 2021

Safe Harbor Statement

Except for the historical information contained herein, the matters set forth in this presentation and the accompanying earnings release are forward-looking statements that represent our expectations, beliefs, intentions or strategies concerning future events. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our historical experience or our present expectations, including, but not limited to such factors as changes in economic conditions, including uncertain consumer demand; changes in market demand and pressures on the pricing for our services; competition and growth rates within the third party logistics industry; freight levels and increasing costs and availability of truck capacity or alternative means of transporting freight; changes in relationships with existing contracted truck, rail, ocean, and air carriers; changes in our customer base due to possible consolidation among our customers; our ability to successfully integrate the operations of acquired companies with our historic operations; risks associated with litigation, including contingent auto liability and insurance coverage; risks associated with operations outside of the United States; risks associated with the potential impact of changes in government regulations; risks associated with the produce industry, including food safety and contamination issues; fuel price increases or decreases, or fuel shortages; cyber-securityrelated risks; the impact of war on the economy; changes to our capital structure; risks related to the elimination of LIBOR; changes due to catastrophic events including pandemics such as COVID-19;and other risks and uncertainties detailed in our Annual and Quarterly Reports.

Q4 2020 Opening Remarks

  • 51% improvement in Operating Income
  • 48% improvement in Dilutive EPS
  • Global forwarding business sustaining its strong execution
  • Repricing our contractual truckload business to reflect the changing market conditions
  • Capturing more spot market opportunities
  • Technology and transformation initiatives providing meaningful growth opportunities and efficiencies

Technology Advancements & Transformation Efforts Providing Meaningful Efficiencies

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C.H. Robinson Worldwide Inc. published this content on 27 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2021 21:21:07 UTC