Ryder System expanded its freight brokerage business with a new office in Nashville, TN, with two additional locations planned to open in 2023. The expansion is part of the company’s strategy to grow its broader transportation solutions.

“In freight brokerage, we experienced just over 175% growth in gross revenue in 2021 as compared to 2020. With market fluctuations, sky-high transportation rates, a capacity crunch and a driver shortage, shippers are turning to our logistics expertise, our asset-based solutions, relationships with vetted carriers and our buying power to keep their goods moving,” Kevin Clonch, group director of transportation management at Ryder, said. “By expanding our freight brokerage operations, we also bolster our broader transportation solution so we can offer our customers even more flexibility with additional lanes and hard-to-find capacity in tight markets so they can take advantage of seasonal and market-related volume surges.”

Ryder now has freight brokerage offices in Novi, MI, and Fort Worth, TX, as well as the new Nashville, TN, location, which opened in April.

“We want the best in the business — people who are experts in using technology to drive strategy and create added value for customers while also quarterbacking the lifecycle of each load to ensure a smooth experience for both customer and carrier,” Clonch said. “We focus on service, service, service. Because even with the best technology and the best laid plans, there will be times when customers and carriers need to pick up the phone — and we answer 24/7/365.”

Ryder’s freight brokerage division is part of its transportation management solutions, which purchases and/or executes $7.4 billion in freight transport on behalf of its customers annually.

“We do not turn back loads or make excuses; we find smarter solutions. That’s our promise to our customers, and the expansion of our freight brokerage business is part of that promise,” Clonch said.