Executive Briefings

Ryder Develops Major Logistics Contract with Kodak; Completes Gator Acquisition

Eastman Kodak Company has awarded Ryder System a multi-year contract to manage the inbound and outbound flow of the company's line of photo processing chemicals and single use cameras, digital imaging equipment, photographic film, commercial printing consumables, printing plates, and paper at five U.S. distribution centers. Services provided by Ryder will include inventory management, warehousing, environmental management, assembly and kitting, and a customized warehouse management system.

"This effort is part of a larger initiative to optimize supply chain processes," says Linda Valimahomed, Kodak's manager of Americas Logistics. "We have selected Ryder as our partner based on its expertise and consistency implementing logistics operations of the highest standards."

"Ryder is honored to work with Kodak and looks forward to extending their industry leadership by enhancing the company's demand-driven supply chain mode," says Tom Jones, senior vice president and general manager of U.S. Supply Chain Solutions for Ryder.

In a separate development, Ryder has completed acquisition of Gator Leasing Inc., a privately owned full service truck leasing, commercial truck rental and fleet services company headquartered in Miami.

In the transaction, Ryder acquired Gator's fleet of approximately 1,475 full service lease, 650 commercial rental, and 150 held-for-sale units, serving 300 contract customers. Ryder acquired four of Gator's nine Florida operating locations, two of which are in Miami, as well as Riviera Beach and Orlando. Customers previously served by Gator in the remaining five overlapping facilities will be consolidated into and served by Ryder's nearest existing locations. The combined network will operate under the Ryder name.

Visit www.ryder.com and www.kodak.com

Eastman Kodak Company has awarded Ryder System a multi-year contract to manage the inbound and outbound flow of the company's line of photo processing chemicals and single use cameras, digital imaging equipment, photographic film, commercial printing consumables, printing plates, and paper at five U.S. distribution centers. Services provided by Ryder will include inventory management, warehousing, environmental management, assembly and kitting, and a customized warehouse management system.

"This effort is part of a larger initiative to optimize supply chain processes," says Linda Valimahomed, Kodak's manager of Americas Logistics. "We have selected Ryder as our partner based on its expertise and consistency implementing logistics operations of the highest standards."

"Ryder is honored to work with Kodak and looks forward to extending their industry leadership by enhancing the company's demand-driven supply chain mode," says Tom Jones, senior vice president and general manager of U.S. Supply Chain Solutions for Ryder.

In a separate development, Ryder has completed acquisition of Gator Leasing Inc., a privately owned full service truck leasing, commercial truck rental and fleet services company headquartered in Miami.

In the transaction, Ryder acquired Gator's fleet of approximately 1,475 full service lease, 650 commercial rental, and 150 held-for-sale units, serving 300 contract customers. Ryder acquired four of Gator's nine Florida operating locations, two of which are in Miami, as well as Riviera Beach and Orlando. Customers previously served by Gator in the remaining five overlapping facilities will be consolidated into and served by Ryder's nearest existing locations. The combined network will operate under the Ryder name.

Visit www.ryder.com and www.kodak.com