Ryder

Ryder officials explained that these moves were driven by the evolving dynamics of cross-border trade between the U.S. and Mexico, coupled with the ports of Laredo and Nuevo Laredo representing the top inland transborder trade port between the U.S. and Mexico, in tandem with Mexico now being the top trading partner of the U.S. in 2023.

Ryder officials said that bringing Cardinal into the fold will help to enable the company’s growth and also further strengthen its position as a leading customized North American-based dedicated contract carrie

Miami-based freight transportation and logistics services provider Ryder System Inc. said today it has inked a definitive agreement to acquire the outstanding equity of IFS Holdings LLC, also known as Impact Fulfillment Services (IFS), a provider of contract packaging, contract manufacturing, and warehousing services for shippers in the consumer packaged goods (CPG), retail, and healthcare sectors.

The company has added a 400,000 square-foot Aurora, Ill.-based distribution center, which opened its doors in August. Ryder officials said that this new distribution center is part of a six-building campus comprised of 2.4 million square-feet, which Ryder said mainly serves consumer packaged goods (CPG) shippers, including: food and beverage, food ingredients, health and beauty, household products, and general retail merchandise.

While free shipping and returns are kings in the e-commerce world, a new Ryder study finds that the customer journey is growing in importance.

Earlier this week, Miami-based Miami-based freight transportation and logistics services provider Ryder System Inc. heralded the initial rollout of its BrightDrop Zevo 600 electric vans at four strategic facilities in California, Texas, and New York.

The company will introduce 4,000 BrightDrop Zevo 600 and Zevo 400 electric vans to its lease and rental fleet through 2025, adding that the first 200 will be ordered in 2023. And it added that the Zevo 600 and Zevo 400 electric vans have a 250-mile range on a full charge, while supporting a payload of roughly 2,000-to-3,400 pounds.

Company officials said that by leveraging capacity through Ryder’s peer-to-peer truck- and trailer-sharing platform, COOP by Ryder, its customers gain access to a fleet comprised of dry and refrigerated trailers, adding that COOP has more than 6,000 trailers listed throughout the country, with its inventory continuing to increase.

Ryder officials said that adding these new locations are part of its strategy to grow its broader transportation service offerings, which include freight brokerage, transportation management, and dedicated transportation. Ryder now has freight brokerage offices in Nashville, Novi, Mich., and Forth Worth, Texas.

Miami-based freight transportation and logistics services provider Ryder System Inc. confirmed it received an offer by an activist investor to acquire the company. Ryder said in a statement that it received an unsolicited indication of interest from New York-based HG Vora for $86.00 per share in cash

Southern Glazer’s is collaborating with a 3PL to bring efficiency and transparency to inbound logistics. The payoff: A more customer-centric supply chain.

Getting more out of lift truck telematics involves looking beyond basics and starting to incorporate analytics fed by integration with other systems. By marrying up telematics data from the trucks with operations data, or with real-time location feeds, users stand to benefit.

Taking steps to expand its e-fulfillment network, Miami-based freight transportation and logistics services provider Ryder System Inc. said earlier this week it entered into a definitive agreement to acquire Industry City, Calif.-based omnichannel fulfillment and logistics services provider Whiplash.

$480 million deal will expand Ryder’s footprint to include Whiplash's 19 dedicated and multi-client warehouses totaling nearly seven million square feet providing access to key port operations and gateway markets.

With e-commerce fulfillment as a catalyst, both the third-party logistics and cold storage warehousing market in North America continue to post healthy gains.