Ryder System, Inc Opens New Logistics Operations Center in London, Ontario
January 03, 2018 at 06:55 am
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Ryder System, Inc. announced the opening of its brand new Logistics Operating Center (LOC) in London, Ontario, which will primarily serve the Eastern Canada region. The new facility includes a 30,000-square-foot building with office and cross-docking space, as well as parking spaces for 286 trailers and 162 tractors. A total of 210 drivers are domiciled out of the facility, along with 55 Ryder employees. The new facility and yard will provide additional services and capacity opportunities to Ryder’s existing and future customers. The new, expansive Ryder LOC, located at 1205 Green Valley Road, London, Ontario, provides cross-dock solutions, which enable goods to be distributed using little or no storage time. Inbound shipments coming from the U.S. are received at the cross-dock in London, Ontario, unloaded and sorted for final store delivery, and redeployed outbound in 24 hours or less. This enables retailer customers to reduce their transportation costs while also replenishing their stores more frequently to meet customer demand and fulfill omni-channel or forward stocking on fast-moving items. Ryder’s new facility will handle more than 3,000 cross-border freight movements a month between the U.S., Canada, and Mexico.
Ryder System, Inc. is a provider of outsourced logistics and transportation services. The Company provides supply chain, dedicated transportation, and commercial fleet management solutions. It operates through three segments: Fleet Management Solutions (FMS), which provides full service leasing that includes its contractual maintenance offering, commercial rental and maintenance services of trucks, tractors and trailers to customers principally in the United States (U.S.) and Canada; Supply Chain Solutions (SCS), which provides fully integrated port-to-door logistics solutions, including distribution management, dedicated transportation, transportation management, freight brokerage, e-commerce fulfillment, last-mile delivery, contract packaging, and contract manufacturing in North America, and Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.