Ryder Acquires Logistics Technology Start-Up Baton
Cofounders join Ryder to head up product development for customer-facing logistics technologies Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, announces it has acquired Baton, a San Francisco-based start-up known for the development of a proprietary logistics technology focused on optimizing transportation networks. The acquisition, finalized on August 31, is an extension of Ryder’s collaboration with Baton, after Ryder’s corporate venture capital fund RyderVentures invested in the tech firm early last year. Andrew Berberick and Nate Robert, cofounders of logistics technology start-up Baton, join Ryder as co-chief product and technology officers for the 3PL's supply chain and dedicated transportation businesses. “The
https://newsroom.ryder.com/news/news-details/2022/Ryder-Acquires-Logistics-Technology-Start-Up-Baton/default.aspx
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