Subscribe to our free, weekly email newsletter!


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

By Jeff Berman, Group News Editor
June 21, 2011

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 headshot
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. .(JavaScript must be enabled to view this email address).


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!

Recent Entries

The “good news story” of the season appears to be generated by officials at The Port of Oakland, who report that it has taken additional steps in an ongoing effort to manage a surge of inbound container vessel calls.

The PMA, which represents employers at America’s 29 West Coast ports, has finally asked for federal mediation in its contract negotiations with the ILWU.

Seasonally-adjusted (SA) for-hire truck tonnage in November was up 3.5 percent compared to October, which was up 0.5 percent over September at 136.8 (2000=100), marking the highest SA on record.

UPS said that through this acquisition it will augment its healthcare expertise and network in Europe, specifically in the fast growing healthcare markets in Central and Eastern Europe.

Carloads were up 12.1 percent at 312,271, and intermodal at 280,337 containers and trailers saw a 4.5 percent annual gain.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA