With the acquisition, Ryder seeks to deliver capacity in last-mile logistics demanded by shippers, as customer fulfillment expectations rise in the e-commerce era. Ryder acquires MXD Group in effort to expand e-commerce growth Taking steps to further expand its e-commerce, omni-channel fulfillment, and last mile service offerings, freight transportation and logistics services provider Ryder System Inc. said today it has acquired all outstanding equity of MXD Group for roughly $120 million. Taking steps to further expand its e-commerce, omni-channel fulfillment, and last mile service offerings, freight transportation and logistics services provider Ryder System Inc. said today it has acquired all outstanding equity of MXD Group for roughly $120 million.Based in Grand Rapids, Michigan, MXD, according to Ryder, is an e-commerce fulfillment provider with a national network of facilities that includes last mile services. “The acquisition also includes proprietary order management and visibility technology that features real-time tracking and a customer service portal for rapid response and resolution. These newly acquired services, combined with Ryder’s deep engineering expertise, will position Ryder’s e-commerce fulfillment and last mile delivery services as the ultimate solution that increases speed to market to a broader geography and completes our capabilities around an integrated omnichannel end-to-end solution.”When asked what MXD brings to the fold, Sensing explained that Ryder is constantly looking at strategic investments and identified this acquisition as an opportunity to expand its capabilities around e-commerce fulfillment by increasing its distribution footprint and speed to market with a two-day delivery timeframe.“These are solutions that our customers are seeking, especially at a time when consumers are increasingly shifting to online buying, and brick and mortar retailers are being compelled to expand businesses online,” he said. For full search capabilities, please login to RyderTrac by selecting Login … The deal includes 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.The company says that it is now the second largest last mile delivery provider of big and bulky goods. MXD provides the correct number but if you click… If you enjoy working in a fast-paced environment, are constantly going the extra mile, and want to be part of the most innovative and customer-focused transportation company in North America, we have a place for you. This technology will serve as the ultimate tool for customers who are seeking greater shipment visibility and customer service.”Download our whitepaper to help kickstart your efforts with five strategies for optimizing warehouse operations with automation.From the August 2020 Logistics Management Magazine IssueRyder acquires MXD Group in effort to expand e-commerce growthDownload our whitepaper to help kickstart your efforts with five strategies for optimizing warehouse operations with automation.Sign up today to receive our FREE, weekly email newsletter!Today’s control towers provide powerful capabilities and real-time responsiveness with Autonomous Problem-Solving, Global Demand-Supply Matching and Global Available-to-Promise.37th Annual Quest for Quality Awards: Pristine service prevails in challenging timesWhich carriers, third-party logistics providers and U.S. ports reached the pinnacle of service...31st Annual State of Logistics: Resilience put to the testAs we roll through 2020, logistics managers are fending off COVID-19 worries and adapting to the new...Alliance Award Winner: Bargain Hunt partners for growthThrough a unique trucking partnership, the extreme discount retailer has streamlined its process,...36th Annual Salary Survey: Earning more, but enjoying less?Job satisfaction took a hit this past year, as more logistics managers were loaded with additional...© Copyright 2020 Peerless Media LLC. All Rights Reserved.
Ryder-MXD Group deal shows strength of last-mile demand William B. Cassidy, Senior Editor | Apr 04, 2018 6:12PM EDT.
200 reviews of MXD Group "This company is legit and the people who complain need to find alternative ways to search their tracking number. Ryder said it 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. Ryder System, which provides commercial fleet management, transportation services, and a supply chain platform, said it has acquired e-commerce fulfillment provider MXD Corp for $120 million. Ryder (NYSE:R) announces the acquisition of e-commerce fulfillment provider MXD Group for a price of ~$120M.
Through this acquisition, Ryder said it has acquired 109 MXD e-commerce fulfillment facilities across the United States and Canada, which includes 21 MXD-operated cross dock hubs, 16 dedicated operations, and a network of 72 third-party agent facilities. As the only fully integrated end-to-end transportation and logistics provider, Ryder's unique portfolio of solutions gives you the ability to focus more on your business. "The acquisition of MXD is one of several strategic investments we are making to overcome the disruptions we are seeing in the market today and to position Ryder for future growth," says Ryder CEO Robert Sanchez. Also included in the deal, said Ryder, are MDX’s proprietary order management and visibility technology, which features real-time tracking and a customer service portal for rapid response and resolution.Two main areas in which Ryder benefits from acquiring MXD include:Ryder also noted that with MXD now in the fold it is the second-largest last mile delivery provider of big and bulky goods.“The acquisition of MXD is one of several strategic investments we are making to overcome the disruptions we are seeing in the market today and to position Ryder for future growth,” said Steve Sensing, Ryder president of Global Supply Chain Solutions, in an interview. “Due to increased customer demand, we are working to enhance our capabilities in e-commerce fulfillment. To use Track It!, you must have a valid company code for your organization and a complete tracking number. The tracking numbers are case-sensitive, and wildcards or partial entries are not accepted. Originally my tracking number was wrong (from Sam's Club).