Ryder System Inc. is running full throttle into the fast-growing field of automotive logistics, where trucking, warehousing and just-in-time parts distribution are linked in a web of computer technology.
To tighten its focus on logistics, Ryder last week announced the sale of its car-hauling division, which was the market leader.
The Miami-based company is selling Ryder Automotive Carrier Services Inc. to Allied Holdings Inc. of Decatur, Ga., for $114.5 million in cash. If approved, the Ryder acquisition would make Allied the largest vehicle-hauling company in North America with a projected $1 billion in revenue and, by the company's estimate, about 50 percent of …
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