Minnesota transport company hit with sanctions violations for Cuba, Iran trade

A Minnesota transportation company agreed to pay nearly $258,000 to settle allegations that a subsidiaries violated sanctions against Cuba and Iran more than 80 times, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) said Friday.

The U.S. has imposed trade sanctions against nations, including Cuba and Iran, that it believes pose a threat to American national security, foreign policy, or the economy. The sanctions are specific to each nation but generally prohibit U.S. companies, or companies that conduct business in the U.S., or U.S. persons from engaging in transactions with sanctioned countries.

The trouble for C.H. Robinson began after it made a series of acquisitions of overseas freight and logistics firms, including companies in Australia, Canada, China, Peru, and Spain.