Visteon Chooses Ryder as Logistics Provider
Visteon, a supplier of integrated automotive technology systems, has selected Ryder System Inc., a logistics and transportation management solutions provider, to develop a transportation initiative to support Visteon’s North American logistics needs. Ryder will provide services that include transportation procurement pricing – leveraging transportation services through formalized market tests, spot buys, target pricing mechanisms, and negotiating leveraged rates and service opportunities with carriers in accordance with Visteon requirements. Ryder will administer and maintain Visteon’s carrier contacts to ensure enforcement of terms and timely negotiations, as well as monitor insurance levels in accordance with legal requirements and customer specifications. In addition, Ryder will provide ongoing monitoring and analysis of carrier selection using detailed competitive information on carrier shipping programs and market conditions. Ryder will evaluate efficiency, reliability, and cost in order to design and maintain an optimal external logistics network and to provide continual improvement of customer metrics and quality systems.
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