Content about Ryder

December 9, 2010

Supervalu on Wednesday announced that it has entered into a stock purchase agreement for the sale of Total Logistic Control to Ryder Integrated Logistics.

MINNEAPOLIS — Supervalu on Wednesday announced that it has entered into a stock purchase agreement for the sale of Total Logistic Control — a wholly owned subsidiary that provides logistics and supply chain management solutions to manage distribution, warehousing and transportation operations for food, beverage and consumer packaged goods companies — to Ryder Integrated Logistics.

Subject to closing conditions and regulatory approvals, the sale is expected to close Dec. 31.