Ryder System Inc., a leader in commercial fleet management, dedicated transportation and supply chain solutions, along with the Instituto Tecnológico de Monterrey, recently hosted its second annual thought leadership forum at the Hotel Camino Real in Monterrey Mexico.
The event featured an exclusive gathering of senior Mexican leaders in transportation and supply chain from various industries including food, beverage, automotive, and consumer packaged goods who provided strategic insight, new ideas and thought leadership.
“With U.S.-Mexico trade booming, and the near-shoring trend gaining momentum, Mexico is becoming a key strategic market in global supply chains,” said Gene Sevilla, vice president of Ryder International Supply Chain Solutions. “As a leading third-party logistics provider in Mexico, Ryder is well positioned to help customers manage their critical supply chain functions and gain a competitive edge.”
During the event, Dr. Edgar Blanco, research director in the Center for Transportation & Logistics at the Massachusetts Institute of Technology (MIT) spoke about the types of changes currently being made in the logistics sector that are adding value to supply chains around the world.
“Today’s consumers demand convenience and speed,” said Dr. Blanco. “Whether it’s in-store or online, pick up or same day delivery, they want more choices to get the products they want, when and where they need them, and this means companies need greater supply chain visibility, and flexible distribution networks to accommodate their needs. Supply chain operations in Mexico have a great potential to become a premier solution for various industries and businesses, especially with the inclusion of the latest advances in technology.”
Ryder Mexico manages more than 3.1 million square feet of warehouse and more than 3.7 million square feet of yard space in Mexico and handles more than 3,000 cross-border freight movements between the U.S. and Mexico a week. Globally, the Ryder Supply Chain Solutions business segment manages approximately 35 million square feet of warehouse space and contracts with more than 1,600 carriers in all modes of transportation in the markets it serves.
Ryder manages critical transportation and logistics functions for more than 50,000 customers, employing more than 30,000 people and managing a fleet of more than 216,000 commercial vehicles.