Ryder Acquires MXD Group in e-Commerce Push

Ryder System, Inc. has acquired  all outstanding equity of MXD, an e-commerce fulfillment provider with a national network of facilities, including last mile capabilities. With this acquisition—completed on April 2, 2018, at a price of approximately $120 million—Ryder is now the second largest last mile delivery provider of big and bulky goods.    

Here’s the scoop: Ryder has acquired 109 MXD e-commerce fulfillment facilities across the U.S. and Canada, including 21 MXD-operated cross dock hubs, 16 dedicated operations, and a network of 72 third-party agent facilities. The acquisition also includes proprietary order management and visibility technology, which features real-time tracking and a customer service portal for rapid response and resolution. This significantly expands Ryder’s omni-channel fulfillment capabilities in two key areas:

• Ryder e-Commerce Fulfillment – With the additional 109 facilities, Ryder’s network now includes 121 e-commerce hubs covering more than 95% of the U.S. and Canada within a two-day delivery timeframe. The network can serve any industry, as it can handle big and bulky products as well as small and large parcels.
• Ryder Last Mile – A last mile solution for retailers and shippers of big and bulky products will include home delivery and white glove installation with multiple tiers of service and a network of carriers throughout the U.S. and Canada.

 

 

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