Ryder Completes Acquisition of Cardinal Logistics
Summary
Ryder will fully integrate Cardinal operations, facilities, and equipment into its dedicated transportation, fleet management, and supply chain businesses. So, we know our people will have expanded opportunities in a larger, well-diversified company, and our customers will have access to an even greater breadth of products and services and the technology to support their continued growth,” says Vin McLoughlin, chairman of the board for Cardinal. “We’re excited for the future, knowing that our customers and employees are in the best possible hands with Ryder.” Greenberg Traurig LLP acted as Ryder’s legal counsel for the transaction. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce.