Ryder Reaches Deal With P&G For Logistics Work

Stock quotes in this article: PG , R  

MIAMI (AP) — Ryder System Inc. said Thursday it was selected by consumer products maker Procter & Gamble Co. to manage part of its logistics and cross-border transportation operations.

The trucking and logistics management company will serve a component of Procter & Gamble's U.S./Mexico logistics network.

Terms of the deal were not disclosed.

Shares of Ryder fell 5 cents to $40.08 Thursday.

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