A new service brings together Ryder System-affiliated resources to provide customers with driver, tractor and trailer capacity.
The drop-and-hook trailer offering combines the company’s driver network with trailer rentals available on the COOP app, according to Dave Belter, vice president and general manager of transportation management at Ryder.
"It allows us to be very nimble and quick to solve specific logistics challenges for customers,” Belter told Transport Dive on Wednesday, noting the more streamlined effort.
Drivers can include the company’s dedicated assets or network of 45,000 prequalified carriers.
The COOP platform allows customers to lease equipment, such as dry van and refrigerated trailers, which can help with specific surges. The platform has grown over the years, expanding from nine to all 50 states, the company noted in February.
For customers such as APL Cargo, based in White County, Indiana, the COOP platform has been a boon in revenue. This year, it has brought in more than $728,000 in leasing, replacing idle time, and the drop-and-hook trailer service has generated another $57,000, according to Ryder.
APL Cargo CEO Grigore Canali told Transport Dive that COOP’s insurance capability was a draw for him. He also noted the ability for APL Cargo to offer access to tractors and trailers throughout the U.S. has been a game changer.
The drop-and-hook service launched within the last few months, and Ryder is looking to develop it further in 2023, Belter said. Instead of having just one customer for one specific project, a drop-and-hook program might include multiple customers and cover a broader area.
“Not only are we making making them available to customers to add in their networks, but we're also capable to move those trailers,” Belter said. “We know that there's going to be a lot of need in the market for this.”
