Ryder+System%2C+Inc. (NYSE: R), a leader in supply+chain, dedicated+transportation, and fleet+management solutions, announces it has entered into a definitive agreement to acquire all of the outstanding equity of Midwest Warehouse & Distribution System (Midwest). Midwest, based in Woodridge, Ill., provides warehousing, distribution, and transportation solutions primarily for food, beverage, and consumer packaged goods (CPG) companies. Midwest operates nine multi-client and eight dedicated-customer warehouses in five regions, primarily in the greater Chicago area—a key distribution hub—and to a lesser extent in New York, Pennsylvania, Tennessee, and Texas. Midwest’s warehouse space totals approximately seven million square feet and is supported by a company-owned fleet of trucks to service customers.
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