Transportation

C.H. Robinson Sells Payment Services Biz for $302.5M

C.H. Robinson Sells Payment Services Biz for $302.5M

T-Chek Systems, which initially focused on customers in the trucking industry, has since branched into the financial services sector; C.H. Robinson CEO John Wiehoff said the payment services industry “continues to consolidate and evolve” and that it was the “right time” for a sale.

XRS Promotes Finance VP Weber, Names Him CFO

Weber succeeds Scott Christian, who abruptly resigned in June after about a year on the job; the leadership transition comes at a time when XRS is shifting away from onboard fleet-management systems and toward the use of mobile devices.
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