The statement described Cardinal's activities as primarily being focused on "consumer packaged goods, omnichannel, grocery, building products, automotive, and industrial verticals." "We chose Ryder to continue our legacy because of the company culture," Hostetler said in the statement. "We experienced firsthand Ryder's people-first, customer-centric culture, and that had an impact on us as we built our own company." More articles by John Kingston Ryder's debt rating upgraded by S&P Ryder loyalty program payoff: Reduced used vehicle prices Ryder's nonleasing activities grow revenue, but FMS provides profits The post Ryder buys Cardinal Logistics, significantly growing its dedicated business appeared first on FreightWaves.