IBM is expanding its role in logistics, aiming to become the first logistics logistics company to become an integrated logistics business.
Ryll is aiming to create a logistics network for logistics companies to run their own businesses in an effort to reduce the barriers that exist between companies and customers.
The RYder Group, a US multinational, has a portfolio of a number of logistics businesses that includes logistics systems and logistics systems solutions for the automotive industry, shipping and warehousing industries, pharmaceuticals and medical devices.RYder said it will build a logistics business by working with suppliers to develop a “customer-friendly” logistics platform that will make logistics operations easy for logistics businesses to operate in the future.
It said that with the introduction of new capabilities in logistics in the past three years, RYdenys business has expanded by about 10% in value per year, to about $11bn.
The company said that this growth is driven by the continued growth in customer demand for logistics services.
The growth of the RYDENYS business is driven largely by the increase in demand for goods from other suppliers, which drives demand for new supply chains, Ryders CEO, Stephen Kohn, said.
RYdelys growth in the logistics business will be driven by customer demand in the coming years, he added.
Ryders new business will focus on the logistics of consumer goods, such as apparel, footwear, apparel and other consumer goods.
Kohn said the new business was based on Ryder’s strategic focus of “bringing logistics to consumers, to the most people”.
Rydernys customers are primarily retailers, but there are also consumer brands and foodservice companies.
The company’s current operations will be concentrated in its supply chain and supply chain management, but Kohn said it plans to expand to include the logistics services of more businesses.
The company has been working with partners in the US, the European Union and South Africa, he said.
Ryns new business is expected to be available in 2020.
In the meantime, the Rydder Group said it has been providing solutions to a variety of customer requirements, including: foodservice, apparel, retail, hospitality and warehousings, the company said.