This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

MGP Ingredients And Ryan Transportation Service, Inc. Form Transportation Management Partnership

ATCHISON, Kan., Feb. 8, 2011 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (MGPI) has formed a transportation management partnership with Ryan Transportation Service, Lenexa, Kan., as part of the company's strategic initiative to strengthen its world class customer service capabilities. Under this new arrangement, Ryan Transportation assumes a lead logistics role in managing all truck and rail carriers in servicing MGPI's North American customers, as well as ensuring the delivery performance for the company's inbound materials.

Ryan Transportation brings to MGPI extensive management reporting and tracking capabilities that will integrate seamlessly with MGPI's recently implemented SAP business reporting and management system. Through Ryan Transportation, MGPI will benefit from rail intelligence and rail fleet management services provided by Quality Transportation Services (QTS).

"Ryan Transportation provides the best resources to enhance our abilities to deliver superior services to our customers, while also increasing our logistics capabilities and efficiencies," said Cheryl Harrity, Corporate Director of Supply Chain. "We are very pleased to begin this relationship with such a well established and proven expert in this field. The MGPI-Ryan Transportation team will continue to collaborate on innovation and effectiveness in the distribution of our products to our valued customers in the consumer packaged goods industry."

Jeff Henderson, vice president of Ryan Transportation, stated, "We are very excited to partner with MGP Ingredients as their new transportation management provider. MGP Ingredients has a unique combination of needs spanning multiple modes and facilities. Our technology, in combination with QTS, will provide MGPI with dedicated service across all modes of transportation. Most importantly, this partnership will allow MGPI to achieve their best-in-class customer service goals and continuous improvement initiatives."

About MGP Ingredients

In business since 1941, MGP Ingredients, Inc. is a recognized pioneer in the development and production of value–added, grain-based starches, proteins and food-grade alcohol products for the branded packaged goods industry. The company has facilities in Atchison, Kan., and Onaga, Kan. that are equipped with the latest technologies to assure high quality products and to maintain efficient production and service capabilities. For more information, visit www.mgpingredients.com.

About Ryan Transportation Service

Founded in 1986, Ryan Transportation Service is a trusted provider of 3PL services located in Lenexa, Kan. Ryan Transportation has provided dependable transportation solutions for shippers throughout the United States, Canada and Mexico. For 25 years, Ryan Transportation has specialized in creating customized freight solutions that meet its customers' needs, including truckload, transportation management, and LTL services. For more information about Ryan Transportation, visit www.ryantrans.com .

About Quality Transportation Services

Quality Transportation Service, a privately-held company headquartered in Ashland, Va., is the leader in Integrated Rail Logistics Management Solutions. With an ever-growing team of experienced transportation professionals serving a diverse group of customers in traditionally rail-served industries throughout North America, QTS continues to search for new and innovative ways to satisfy current customer needs and to anticipate the needs of the future. For more information about Quality Transportation Service, please visit www.qts.com .

CONTACT: Steve Pickman, MGP Ingredients, Inc.
         913-367-1480
         Anoland DeLeon-Cosse, Ryan Transportation Service
         913-310-2220

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs