MIAMI, FL -- (MARKET WIRE) -- 12/10/10 --
Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, today announced that 35 Ryder employees provided more than 120 hours of hands-on assistance for the Mid-Ohio Foodbank on December 9, 2010 to help support local families in need during the holiday season.
The team of Ryder volunteers helped prepare, box up and palletize hundreds of holiday food baskets containing three- to four-day supplies of shelf-stable foods. During the holidays, the Mid-Ohio Foodbank, a member of the nation's largest non-governmental, domestic hunger relief organization -- Feeding America -- will provide close to two million pounds of food to more than 500 agencies. These agencies, including faith-based food pantries, soup kitchens, shelters, afterschool programs, senior housing sites and Salvation Army centers, distribute the food baskets, along with frozen meats, to recipients across central and eastern Ohio.
"The pressure on families facing tough times increases dramatically during the holidays. Everyone should have the opportunity to enjoy a full holiday meal with their loved ones," said Ryder Business Development Manager, Jonathon Reed. "I'm proud that our group is doing its part to ensure that families in central Ohio have that opportunity. Through our volunteerism, members of the Ryder team will experience first-hand what the Mid-Ohio Foodbank means to the local community -- and discover how each of us can make a difference."
"In hourly terms, the valuable assistance being offered by the Ryder team is equivalent to three full-time employees working for a week," stated Mid-Ohio Foodbank Vice President of Operations, Dave Phillips. "The generous Ryder contribution will allow us to leverage our greatest asset -- our volunteers."
"Both the Foodbank and our network of more than 500 feeding agencies depend on volunteers, who are the backbone of the emergency feeding system," said Mid-Ohio Foodbank President & CEO, Matt Habash. "Without volunteers, our operation would collapse. In the past year, Mid-Ohio Foodbank has relied on the support of more than 11,000 volunteers, contributing more than 40,000 hours of their time to help us in our mission to feed hungry people. The work done by our dedicated volunteers allows us to get food where and when it's needed most, helping hungry families across central and eastern Ohio put food on their tables as the holidays approach and cold weather sets in."
Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Inbound Logistics magazine has recognized Ryder as the top third party logistics provider, and Security magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information on Ryder System, Inc., visit www.ryder.com.
Note Regarding Forward-Looking Statements: Certain statements and information included in this presentation are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements. New risks emerge from time to time and it is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
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For Information Contact:
Marilu Del Toro