Ryder Enters Asian Logistics Partnership

Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.

The two companies will create a comprehensive offering with geographic coverage throughout Asia for North American retailers and other companies that import from Asia, Ryder said in a statement.

 “This partnership gives us an extensive network throughout Asia and builds on our purchase order management and export consolidation capabilities to deliver seamless international solutions to the retail marketplace,” said John Williford, president of Ryder’s global supply chain solutions unit.

The venture will operate as Ryder Supply Chain Solutions Asia. CSFE, a provider of Asia-based origin services for major retailers in Australia and the United Kingdom, was started in 1990 by John Lau.

Ryder System is ranked No. 5 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers and No. 6 on the Transport Topics Logistics 50.