Ryder to Acquire Nationwide E-Commerce and Omnichannel Fulfillment Provider Whiplash

Acquisition to expand Ryder’s e-fulfillment network; add proven technology and operating platform, in strategic move to advance capabilities in high-growth e-commerce and omnichannel segments Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, announces it has entered into a definitive agreement to acquire Whiplash , a leading national provider of omnichannel fulfillment and logistics services, for approximately $480 million in cash. Based in City of Industry, Calif., Whiplash provides scalable e-commerce and omnichannel fulfillment solutions to an impressive roster of more than 250 brands. The company’s 19 dedicated and multi-client warehouses total nearly seven million square feet and provide access to key port operations

https://newsroom.ryder.com/news/news-details/2021/Ryder-to-Acquire-Nationwide-E-Commerce-and-Omnichannel-Fulfillment-Provider-Whiplash/default.aspx

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