MIAMI--(BUSINESS WIRE)--
The growth of nearshoring, challenges related to U.S. Customs
compliance, and border trade imbalances were just a few of the
significant topics addressed by Ryder executives at the recent Automotive
Logistics Mexico Conference sponsored by Ryder System, Inc. (NYSE:
R), a leader in commercial
fleet management, dedicated
transportation, and supply
chain solutions.
TWEET THIS: Ryder provides valuable supply chain and transportation
insight at the @Auto_Logistics Mexico
Conference. #ALMexico
Ryder, which has served the automotive industry for over 40 years, is
the largest automotive lead logistics provider supporting OEM and Tier 1
assembly plants in North America, and conducts business with the top
three automotive companies in the United States.
The Automotive Logistics Mexico Conference featured an exclusive
gathering of senior leaders in transportation, logistics, and supply
chain who provided strategic insight, new ideas, and thought leadership
for the automotive industry. Conference sessions explored various topics
such as automotive logistics, cross-border flow practices, world class
logistics services, and designing a multimodal supply chain in Mexico.
The three-day event featured interactive panel discussions, think tanks,
networking and best practice sharing opportunities for attendees. Key
takeaways from the Ryder panels and discussions included:
-
It’s all about visibility and having a flexible distribution
network in Mexico. During the conference Session 4: “What
is world class logistics,” Darcee Scavone, Ryder Vice President
and General Manager for the Automotive, Aerospace, and Industrial
supply chain groups, discussed the true meaning and benefits behind a
world class logistics operations. “As the growing automotive
manufacturing sector within Mexico increases there is a need for even
greater supply chain visibility, and flexible distribution networks to
accommodate these new set of needs,” commented Ms. Scavone. “World
class logistics requires planning and flexibility to meet new demands
in the supply chain. It requires visibility, constant mining, and
analyzing of data to identify the most efficient and cost effective
way to move products.”
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Understanding available solutions and certification requirements
for quicker U.S.-Mexico border crossings. During the conference
Session 5: “Cross-border
flows,” Daniel Hearn, Ryder Director of International Customer
Logistics, addressed challenges related to U.S. Customs security and
compliance at the border. “With U.S.-Mexico trade increasing, and the
nearshoring trend gaining momentum, Mexico is becoming a key strategic
market in global supply chains,” commented Mr. Hearn. “Everybody is
looking at the opportunity being created by Mexico’s various free
trade agreements with over 45 different countries but some of the
biggest challenges that logistics executives are facing today at the
U.S.-Mexico border are customs delays, equipment imbalances, higher
costs, and security. Ryder provides solutions for these challenges as
the Company meets or exceeds the requirements of numerous cross-border
trade certifications including; Customs C-TPAT (Customs-Trade
Partnership Against Terrorism) certified operations, FAST (Free and
Secure Trade) certified dedicated Mexican carriers, NEEC (Nuevo
Esquema de Empresas Certificadas), and TAPA (Transported Asset
Protection Association).”
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Adjusting your transportation network to flow efficiently amongst
current trade imbalances at the border. Best practices in
overcoming current northbound and southbound traffic flow imbalances
at the U.S.-Mexico border was also addressed during a “Cross-border
think tank” session during the conference which was led by Ryder
Mexico Director of Business Development, Ricardo Alvarez. The think
tank session explored the opinions and comments of key automotive
industry figures about the topics that matter most to them. The
Ryder-led think tank consisted of practical, interactive discussions
that delivered an opportunity to share ideas and develop real business
strategies.
“The Automotive Logistics Mexico Conference provided Ryder with
countless opportunities to network and collaborate with senior
executives across the industry,” said Gene Sevilla, Vice President of
Ryder International Supply Chain Solutions. “We take great pride to be a
part of such a beneficial conference year after year in Mexico.”
About Ryder
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder’s stock
(NYSE:R) is a component of the Dow Jones Transportation Average and the
Standard & Poor’s 500 Index. Ryder has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. The Company is a proud member
of the American Red Cross Disaster Responder Program, supporting
national and local disaster preparedness and response efforts. For more
information, visit www.ryder.com,
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Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are
"forward-looking statements" within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on our current plans and expectations and are
subject to risks, uncertainties and assumptions. Accordingly,
these forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such risks
on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events, or otherwise.
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Source: Ryder System, Inc.