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Ryder Expands Cross-Border Footprint in US and Mexico to Support Growth in Nearshoring

Author: Benzinga Newsdesk | February 21, 2024 07:56am

Ryder System, Inc. (NYSE:R), a leader in supply chain, dedicated transportation, and fleet management solutions, 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.

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