Site strategically located along critical trade
corridor in El Paso, Texas to support growth in nearshoring
Ryder System, Inc. (NYSE: R), a leader in supply chain,
dedicated transportation, and fleet management solutions, announces
the opening of a second multiclient logistics facility at a top
U.S.-Mexico port in as many months. The newest site is in El Paso,
Texas near the Ysleta Port of Entry, the largest commercial port in
the El Paso district and a critical trade corridor for northbound
goods out of Juarez, Mexico. The facility is designed to support
the growth in nearshoring activity, after Mexico’s rise last year
to the U.S.’s number one trading partner.
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Ryder opens multiclient logistics
facility in El Paso, Texas, strategically located along critical
U.S.-Mexico trade corridor to support growth in nearshoring and
cross-border trade. (Photo: Business Wire)
“If you look at the latest numbers, U.S. trade with Mexico is at
nearly $800 billion annually, and the Ysleta port processes about
nine to 10% of that. It’s second only to the Port of Laredo, Texas,
which processes nearly 40% of goods crossing the border – and where
we recently opened another new logistics center,” says Frank
Bateman, vice president of supply chain operations for Ryder. “The
site in El Paso also has the advantage of being strategically
located along a popular stopping point for trucks, not only heading
north and south across the border but for domestic loads heading
east and west along I-10.”
Ryder’s newly built 50,000-square-foot multiclient logistics
facility is located less than five miles from the U.S.-Mexico
border and less than 15 miles from the airport with easy interstate
access in all directions. It provides cross-dock services,
including consolidation and de-consolidation, ambient storage for
imports and exports, 24/7 yard operations, and value-added
services. The new facility has 20 dock doors and room for 350
trailers with all-access CCTV throughout.
“The new El Paso site is just across the border from Juárez,
Mexico, which is the most important industrial market along the
border, with more than 300 export-oriented manufacturing plants
that produce everything from car components to snack foods,” says
Ricardo Alvarez, vice president of supply chain operations for
Ryder Mexico. “It’s one reason Mexico is so attractive to companies
looking to diversify their supply chains – that, and the proximity
to the U.S. Put what you need on a truck, and you can have it at
your U.S. distribution center within days, not weeks or
months.”
In February, Ryder announced the opening of a
228,000-square-foot multiclient warehouse and cross dock in Laredo,
center just three miles from the World Trade Bridge, and expansion
of its drayage yard in Nuevo Laredo, Mexico, which facilitates the
transfer of freight across the border to U.S. drivers.
“We’ve been building our cross-border capabilities in Mexico for
nearly three decades. It takes years to develop relationships in
manufacturing and with Mexican carriers, as well as customs and
compliance expertise to ensure faster, more secure border
crossings,” says Steve Sensing, president of supply chain and
dedicated transportation solutions for Ryder. “And, with our fully
integrated supply chain and transportation solutions, backed by
best-in-class security protocols and our end-to-end visibility
technology, we can seamlessly speed our customers products from the
manufacturing floor to the end-consumer’s door.”
Ryder manages more than 250,000 freight movements annually
across the Mexican border, supporting customers in the automotive,
industrial, technology, and consumer packaged goods industries. The
company also operates approximately six million square feet of
multiclient and dedicated warehouse space across Mexico and
provides comprehensive cross-border solutions, including
manufacturing support, warehousing and distribution, transportation
logistics, cross-border drayage, customs clearance, Foreign Trade
Zone access, and more – all supported by best-in-class security
protocols. Ryder also holds key industry certifications such as
C-TPAT and AEO, to ensure faster, more secure cross-border trade
while reducing inspections and fees for customers.
About Ryder System, Inc.
Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door
logistics and transportation company. It provides supply chain,
dedicated transportation, and fleet management solutions, including
warehousing and distribution, contract manufacturing and packaging,
e-commerce fulfillment, last-mile delivery, managed transportation,
professional drivers, freight brokerage, nearshoring solutions,
full-service leasing, maintenance, commercial truck rental, and
used vehicle sales to some of the world’s most-recognized brands.
Ryder provides services throughout the United States, Mexico, and
Canada. In addition, Ryder manages nearly 250,000 commercial
vehicles, services fleets at 760 maintenance locations, and
operates nearly 300 warehouses encompassing more than 100 million
square feet. Ryder is regularly recognized for its industry-leading
practices; technology-driven innovations; corporate responsibility;
environmental management; safety, health and security programs;
military veteran recruitment initiatives; and the hiring of a
diverse workforce. www.ryder.com
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are “forward-looking
statements” within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking statements,
including our expectations regarding operations in Mexico, are
based on our current plans and expectations and are subject to
risks, uncertainties and assumptions. Accordingly, these
forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
ryder-scs
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version on businesswire.com: https://www.businesswire.com/news/home/20240429882812/en/
For Information Contact: Anne Hendricks, amhendricks@ryder.com
Amy Federman, afederman@ryder.com
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