Ryder Expands Cross-Border Footprint in U.S. and Mexico to Support Growth in Nearshoring

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces the opening of a new logistics operation in Laredo, Texas and the expansion of its drayage yard in Nuevo Laredo, Mexico. The ports of Laredo and Nuevo Laredo now comprise the top inland transborder trade port between the United States and Mexico, after Mexico’s rise to the number one spot among U.S. trading partners last year. Ryder’s new and expanded facilities are designed to support growth in manufacturing, while speeding products across the border.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240221427567/en/

Ryder’s new 228,000-square-foot multiclient warehouse and cross dock in Laredo, Texas is strategically located along the U.S.-Mexico border and is designed to support the growth in nearshoring. (Photo: Business Wire)

Ryder’s newly built 228,000-square-foot multiclient warehouse and cross dock in Laredo is strategically located just three miles from the World Trade Bridge on the U.S.-Mexico border with easy interstate access in both directions. It has 102 dock doors, room for 143 trailers, and it’s within a six-mile radius of Ryder’s other operations in Laredo, which allows for overflow and pooling of labor and resources for added flexibility.

“If you look at the market, truck border crossing activity between the U.S. and Mexico is up more than 20% annually since the pandemic, as more businesses look to nearshoring to diversify their supply chains and shorten lead times,” says Ricardo Alvarez, vice president of supply chain operations for Ryder Mexico. “The savings from manufacturing overseas can be offset by inventory sitting on ships or in seaports incurring storage fees; and, of course, by the product being unavailable to meet demand. With Mexico, you put what you need on a truck and it can be in a final-mile distribution center within days, not months.”

On the Mexico side, Ryder is expanding its Nuevo Laredo drayage yard, which facilitates the transfer of freight across the border to U.S. drivers.

Ryder Mexico manages more than 250,000 freight movements annually across the entire Mexican border, supporting customers in the automotive, industrial, technology, and consumer packaged goods industries. The company also operates approximately five million square feet of multiclient and dedicated warehouse and yard space across Mexico.