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Ryder Continues Cross-Border Expansion; Opens Another Multiclient Logistics Facility at Top US-Mexico Port

Author: Benzinga Newsdesk | April 29, 2024 06:56am

Ryder System, Inc. (NYSE:R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the opening of a second multiclient logistics facility at a top U.S.-Mexico port in as many months. The newest site is in El Paso, Texas near the Ysleta Port of Entry, the largest commercial port in the El Paso district and a critical trade corridor for northbound goods out of Juarez, Mexico. The facility is designed to support the growth in nearshoring activity, after Mexico's rise last year to the U.S.'s number one trading partner.

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