MIAMI, FL, Aug 16, 2010 (MARKETWIRE via COMTEX) -- Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it has earned Logistics Management magazine's "Quest for Quality" award for the second year in a row in recognition of outstanding performance in the Third-Party Logistics category. The results of the annual Quest for Quality study set the gold standard for service excellence and clearly define the key characteristics that shippers seek in a world-class logistics provider. Winners are voted on by the readers of Logistics Management -- for this year's recognition, 5,426 logistics and supply chain decision makers waged their votes.
"In an industry where execution is everything, being recognized by Logistics Management readers for delivering quality service is the ultimate compliment," said Ryder's President of Global Supply Chain Solutions, John Williford. "We are honored that our customers once again recognized our commitment to flawless execution by voting for Ryder to receive this prestigious award."
Logistics Management's Quest for Quality, now in its 27th year, has been regarded as one of the most important measures of customer satisfaction and performance excellence in the transportation and logistics industry. To determine the best of the best, Logistics Management readers rate carriers and third-party logistics companies strictly on the basis of service quality. Final recipients are featured in the August issue of Logistics Management.
About Ryder
Ryder is a FORTUNE 500(R) 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 the number-one company 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.
About Logistics Management
Logistics Management serves executives, managers and other professionals in the field of logistics and supply chain management. Editorial coverage includes comprehensive information about the role of logistics in today's business practices covering all modes of transportation services and the ever-growing impact of new technologies through the supply chain. On the web at
www.logisticsmgmt.com.
Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations 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 including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. 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.
For Information Contact:
Cindy Haas
(305) 500-4526
Email Contact
Lisa Brumfield Hage
(305) 500-3668
Email Contact
SOURCE: Ryder System, Inc.