tiprankstipranks
Ryder opens logistics operation in Laredo and expands Nuevo Laredo drayage yard
The Fly

Ryder opens logistics operation in Laredo and expands Nuevo Laredo drayage yard

Ryder System announces the opening of a new logistics operation in Laredo, Texas and the expansion of its drayage yard in Nuevo Laredo, Mexico. The ports of Laredo and Nuevo Laredo now comprise the top inland transborder trade port between the United States and Mexico, after Mexico’s rise to the number one spot among U.S. trading partners last year. Ryder’s new and expanded facilities are designed to support growth in manufacturing, while speeding products across the border. Ryder’s newly built 228,000-square-foot multiclient warehouse and cross dock in Laredo is strategically located just three miles from the World Trade Bridge on the U.S.-Mexico border with easy interstate access in both directions. It has 102 dock doors, room for 143 trailers, and it’s within a six-mile radius of Ryder’s other operations in Laredo, which allows for overflow and pooling of labor and resources for added flexibility. Ryder Mexico manages more than 250,000 freight movements annually across the entire Mexican border, supporting customers in the automotive, industrial, technology, and consumer packaged goods industries. The company also operates approximately five million square feet of multiclient and dedicated warehouse and yard space across Mexico.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on R:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles