Ryder

Dotcom Distribution logo feature

Ryder Acquires Dotcom Distribution

| Mike O'Brien

Ryder Systems Inc. has acquired niche third-party logistics provider Dotcom Distribution, its second such deal this year, boosting its position in health and beauty, cosmetics and fashion and adding the bench strength of a CEO who has been around since the early days of ecommerce.

Ryder Coop app image feature

Ryder Grows B2B Truck Sharing Network

| Mike O'Brien

Ryder is expanding a nationwide B2B network called Coop that matches available trucks from fleet owners in a variety of modes, Uber-like, with shippers with a temporary need for capacity to meet demand in a tight market for assets. New locations are being added in New York, New Jersey, Pennsylvania and Illinois.

Ryder box truck feature

Ryder System Inc. Target of Takeover Bid by Private Equity Firm

| Mike O'Brien

Ryder System Inc. has become the target of a takeover bid by Miami-based private equity firm HG Vora Capital Management, at a proposed price of $86 per share, a 28.4% premium to its 30-day average, according to an SEC filing. Ryder, whose stock surged in response, has itself has been acquiring 3PL assets and investing in technology.

autonomous middle mile Ryder Gatik

Autonomous Middle Mile: Exploring the Future

| Mike O'Brien

Executives from Ryder, Gatik and enVista joined a professor from Georgia Tech to discuss the latest technology and trends in autonomous middle mile trucks for retail and ecommerce replenishment, during a panel on the topic at Ecommerce Operations Technology Summit 2022 in Orlando.

Ryder Whiplash Locus robots feature

Ryder Acquires Whiplash, Expands Network

| Mike O'Brien

Ryder System Inc. has significantly expanded its fulfillment network and added automation capabilities through the acquisition of 3PL Whiplash for $480 million, giving it warehouse assets in key markets and ports including Long Beach, CA, Seattle/Tacoma, New York/New Jersey and Savannah, GA.