Ryder forms jv with Asia-based logistics provider

Feb. 12, 2010
Ryder System has established a joint venture with Cargo Services Far East Limited (CSFE), an Asia-based logistics solutions provider specializing in export consolidation services, to offer end-to-end logistics services to North American companies importing goods from Asia

Ryder System has established a joint venture with Cargo Services Far East Limited (CSFE), an Asia-based logistics solutions provider specializing in export consolidation services, to offer end-to-end logistics services to North American companies importing goods from Asia.

“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 division.

“The partnership … helps retailers and other U.S. importers design, plan and manage their product flows from factories in Asia to retail stores across North America,” he added.

Operating as Ryder Supply Chain Solutions Asia, the jv will provide vendor and purchase order management, inland transport services, export consolidation and order fulfillment services, including distribution center bypass and store-ready pallet construction from Asia to North America.

The partnership will also build on Ryder’s recent acquisition of CRSA Logistics, which manages Trans-Pacific end-to-end transportation management and supply chain services for Canadian retailers, including consolidation services in key Asian hubs and deconsolidation operations in Canada.

“Users of these services require a personalized and attentive international supply chain for the execution of their purchase orders placed in China and the rest of Asia and the movement of their products to destinations in North America,” said John Lau, CSFE’s group managing, who also founded the company back in 1990.

“Together, we can leverage each other’s logistics capabilities and expertise to offer a better solution to retailers and traders of consumer products,” he said.

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