Miami-based transportation and logistics provider Rider System Inc. said this week it was taking steps to expand its freight forwarding business by opening a new recently opened office in Nashville, with plans to open two more in 2023.
Ryder officials said the addition of these new locations is part of his strategy to increase the wider range of transportation services, which include transportation brokerage, transportation management and dedicated transportation. Ryder now has freight offices in Nashville, New York, Mich., And Fort Worth, Texas.
“In intermediation in the transport of goods, we have achieved gross revenue growth of just over 175% in 2021 compared to 2020,” said Kevin Klonch, director of the transport management group at Ryder, in a statement. “With market fluctuations, huge transport rates, reduced capacity and a shortage of drivers, shippers are turning to our logistics expertise, our asset-based solutions, relationships with trusted carriers and our purchasing power to keep their goods moving. By expanding our transportation brokerage business, we also support our broader transportation solution, so we can offer our customers even more flexibility with additional lanes and hard-to-reach capacities in tight markets, so they can reap the benefits of seasonal and market volume jumps. ”
said Klonch LM that Rider is expanding into the Nashville area to take advantage of the huge fund of talent that continues to enter this market, as well as to move its brokerage offer to markets closer to some of its most critical buyers and partners for operators.
“This presence will enable us to continue to expand our growing brand in the brokerage space and will be our basic office for servicing the Southeast European market,” he said. “This strategy of expanding the market was during last year because we listened to our customers and carriers in their desire to be closer in their markets, combined with the need to tackle talent in the supply chain that is always challenging. the gaps in the basin that exist in North America. “
As for where the two other sites to be opened in 2023 will be located, he said that additional locations for the western time zones (Pacific and Mountains) are being considered due to the lack of brokers in these areas and would be closer to critical clients and carriers and continue to use talent, to enable Ryder to continue to deliver on its promise of high standards of concierge service.
Asked to assess the current situation in the truck transport intermediation sector, Klonch explained that in the current environment, Ryder sees obstacles in the form of inflation, diesel prices, threats of potential recession and threats of potential contraction of total capacity that can support supply chains.
“However, in Rider we continue to see customers and carriers looking for our expertise and overall levels of service,” he said. “Our overall strategic vision for the aggressive expansion of the brokerage business was to continue to seek the best talent in the industry that will enable us to continue to provide the levels of service our clients want. Regardless of the potential negative consequences, our strategy in this area remains unchanged and due to the cyclical effect of the industry as a whole, we believe that our strategy of continuous growth will be better positioned in the coming years. “
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Jeff Berman, Group News Editor Jeff Berman is a group news editor Logistics management, Modern material handlingi Supply chain management overview. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transport and material handling on a daily basis. Contact Jeff Berman