CEVA, Ryder expand relationship with addition of more than 1,000 leased trailers

A pretty big relationship between global third-party logistics (3PL) services provider CEVA Logistics and freight transportation and logistics services provider Ryder got even bigger with week, with the companies announcing that CEVA has added more than 1,000 full service lease trailers from Ryder.

By ·

A pretty big relationship between global third-party logistics (3PL) services provider CEVA Logistics and freight transportation and logistics services provider Ryder got even bigger with week, with the companies announcing that CEVA has added more than 1,000 full service lease trailers from Ryder.

CEVA officials said these trailers have been added to support its domestic U.S. ground business and its CEVA Ground and Freight Management units and secure strategic options for additional capacity growth.

The company’s fleet is comprised of nearly 4,700 trailers in roughly 200 locations, and its ground transportation services include full and less-than-truckload (LTL), dedicated fleet services, intermodal marketing and transportation brokerage services.

“There are several reasons for signing this lease with Ryder, including advantageous maintenance options, improved fuel efficiency aligned with our sustainability efforts and enhanced service for our customers,” a CEVA spokesman told LM. “CEVA’s strategy is to develop a more standardized fleet with specifications like side skirts, low rolling resistance tires, satellite tracking and tire inflation systems, among several other features that are appealing to our customers.” 

He added that this deal enables CEVA to provide a newer, more reliable fleet for its customers across all industries including automotive, technology, consumer, energy and industrial.

CEVA also said that since its relationship with CEVA was established nearly 30 years ago, it has expanded to more than 200 power units. And earlier this year CEVA renewed its contract with Ryder for 1,044 trailers, bringing its total number of vehicles under lease with Ryder to more than 1,244.

This is part of a 10-year contract in which Ryder will provide a dedicated fleet coordinator leveraging GPS to track trailer movements, with the fleets being served via “mobile maintenance” at CEVA’ seven North America-based hubs.

When asked what the biggest competitive advantages of this deal are for CEVA, the spokesman said that the full-maintenance lease is a key advantage of this agreement with Ryder. And by transferring the maintenance obligation from internal operations to Ryder, he said CEVA can rely on Ryder’s professional expertise and focus our efforts on its core competencies.

“Ryder values its relationship with CEVA and is pleased to support the fleet requirements of such a highly respected company,” said Robert Sanchez, Ryder’s President of Global Fleet Management, in a statement. “We look forward to providing viable options for them now and into the future to support their growth.”


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
Private Fleet vs. Dedicated: Which one is right for you?
Having the right fleet for your business can give you an advantage over the competition and lower transportation costs.
Download Today!
From the April 2017 Issue
While adoption rates have remained relatively flat, yard management systems (YMS) are helping logistics operations turn that important space between the loading dock and the gate into a vital link in the supply chain.
Information Management: Wearables come in for a refit
2017 Air Cargo Roundtable: Positive Outlook Driven by New Demand
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Maximize Your LTL Driver Adherence with Real-time Feedback
This webinar shows how companies are using real-time performance data to optimize the scheduling of their city fleets, as well as the routing of their standard, accelerated and time-critical shipments.
Register Today!
EDITORS' PICKS
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...

ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...