Ryder acquiring e-commerce, omnichannel fulfillment provider

December 13, 2021

Ryder System (CCJ Top 250, No. 14), has agreed to acquire provider of omnichannel fulfillment and logistics services, Whiplash, for approximately $480 million in cash.

Based in City of Industry, California, Whiplash provides scalable e-commerce and omnichannel fulfillment solutions from 19 dedicated and multi-client warehouses that total nearly 7 million square feet and provide access to key port operations and gateway markets. The acquisition will add to Ryder’s current e-commerce fulfillment network with new facilities in Chino, Calif; City of Industry, Calif.; Long Beach, Calif.; Jacksonville, Fla.; Savannah, Ga.; Newark, N.J.; Secaucus, N.J.; Clifton, N.J.; Columbus, Ohio; Salt Lake City, Utah; and Sumner, Wash. Additionally, the acquisition strengthens Ryder’s presence in key port operations, providing four-corner coverage of all major U.S. inbound gateways via Seattle/Tacoma, New York/New Jersey, Savannah, and Long Beach.