Ryder System Inc (NYSE:R) announced the opening of its 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.
“This facility is a key element of our cross-border operation between Canada and the United States,” said Gene Sevilla, Ryder vice-president of international supply chain solutions. “It enables Ryder to continue to grow in the Canadian market, and further supports Ryder’s handling of cross-border freight movements on behalf of North American retailers and manufacturers in various industries.”
The new 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 United States are received at the cross-dock in London, unloaded and sorted for final store delivery, and redeployed outbound in 24 hours or less. This enables retailer customers to reduce transportation costs while also replenishing their stores more frequently to meet demand and fulfill omni-channel or forward stocking on fast-moving items.
Ryder recently held a ribbon-cutting ceremony at the new location, where customers were invited to tour the facility and enjoy a barbeque lunch. The new LOC is open 24 hours a day, seven days a week, and is strategically located between Detroit and Toronto, enabling Ryder to serve clients on both sides of the border.
This new facility will handle more than 3,000 cross-border freight movements a month between the United States, Canada and Mexico.
For more information, see www.ryder.com.