The company has no long-term debt or defined benefit obligations. Management recently increased the dividend on common stock. Future cash flow could find its way into investor's hands or increase Asian and/or European operations.
C.H. Robinson has the largest network of motor capacity in North America and does not have to worry about asset utilization, so it can provide extensive and flexible options to attract and retain customers.
The non-asset based business model means C.H. Robinson doesn't have fix depreciation expense. It also can be less susceptible to an economic downturn, because third-party transporters that is uses usually charge less as utilization rates fall.