Ryder System Inc (NYSE: R) has opened its new logistics facility in Laredo TX, which will primarily support cross-border shipments between the United States and Mexico. The new facility adds to Ryder’s growing network of cross-border operations.
Strategically located less than five miles from the World Trade Bridge, the new 109,000-square-foot facility includes 6,400 square feet of office space, 51 dock doors, two ramps and 114 trailer spaces. The Laredo site will handle thousands of shipments on behalf of 19 clients within the auto, industrial, retail, and high tech industries, and it will provide additional services and capacity opportunities to Ryder’s existing and future North American customers.
The new facility also complements Ryder’s newly renovated yard in Nuevo Laredo, Mexico, which has capacity for up to 400 trailers.
Ryder provides comprehensive logistics and supply chain management solutions to companies with operations in the United States, Canada, Mexico and the United Kingdom, as well as in Singapore. With this new facility in Laredos, Ryder will manage more than 11,250 cross-border freight movements per month between the United States and Mexico across multiple crossing points along the border. In North America, Ryder manages more than 189,000 cross-border freight movements between the United States, Canada and Mexico annually. It contracts with more than 2,100 transportation providers of all modes in the markets it serves. In Mexico, Ryder contracts with more than 150 Mexican carriers.
Operating 189 facilities with 44 million square feet of warehouse space, Ryder offers flexible solutions as well as end-to-end visibility. The company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers. Ryder employs 34,500 people and manages a fleet of 234,100 commercial vehicles.
For more information, visit www.ryder.com.
