11 February 2010

Ryder’s new offering to provide retailers with source-to-store logistics between Asia and North America

Ryder System, Inc. has signed a joint venture (JV) partnership with Cargo Services Far East Limited (CSFE), an Asia-based logistics solutions provider that specialises in export consolidation services. The combined strengths of the Companies will create a comprehensive, end-to-end service offering, with full geographic coverage throughout Asia, for North American retailers and other companies importing from Asia.

Operating as Ryder Supply Chain Solutions Asia, the solution will provide vendor and purchase order management, inland transport services, export consolidation and order fulfillment services, including distribution centre bypass and store-ready pallet construction from Asia to North America. It builds upon Ryder's recent acquisition of CRSA Logistics, which manages Trans-Pacific end-to-end transportation management and supply chain services for Canadian retailers, including consolidation services in key Asian hubs and deconsolidation operations in Canada.