Ryder Wins Recognition for Third Consecutive Year
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE:R), a leader in supply
chain, warehousing and transportation management solutions, today
announced that for the third year in a row, it has been named an Inbound
Logistics Green Supply Chain Partner. Inbound Logistics
editors have selected 75 companies that demonstrate a deep commitment to
green initiatives and supply chain sustainability for the magazine’s
annual “Green 75” issue.
“Supply chain sustainability has always been top of mind for Inbound
Logistics readers,” said Felecia Stratton, Editor, Inbound
Logistics. “The companies selected as this year's 75 Green Supply
Chain Partners, including Ryder, are truly ‘walking the walk’ when it
comes to supply chain sustainability. These 75 visionaries have a
long-standing history of driving efficiencies in their customers'
operations and an internal commitment to be as lean and green as
possible. Inbound Logistics is proud to honor Ryder among them.”
Ryder continued to make strides in 2010 to offer a variety of
transportation products and services that help customers operate their
fleets more cost-effectively and efficiently while also achieving their
sustainability goals. The San Bernardino Associated Governments (SANBAG)
Board selected Ryder as its fleet partner in a groundbreaking heavy-duty
natural gas truck rental and leasing project to improve air quality in
Southern California – the first project of its kind to deploy natural
gas vehicles into a large commercial truck rental and leasing operation.
Ryder will deploy 202 heavy-duty natural gas powered trucks into its
Southern California operations network. Customers will be able to access
these natural gas-powered vehicles through short-term rentals, long-term
leases or Ryder’s dedicated contract carriage service.
Based on estimates using California’s Carl Moyer program guidelines, the
SANBAG/Ryder natural gas truck project will: displace 1.51 million
gallons of diesel fuel with 100 percent domestically produced low carbon
natural gas; use nearly 3.0 million gallons of domestically produced low
carbon LNG; reduce 9.2 million pounds (4,194 metric tons) of GHG
emissions annually; reduce 131 tons of NOx reductions annually; and
completely eliminate 2.65 tons of diesel particulate matter emissions
from local neighborhoods.
Ryder is also a charter member of the new NGV Fleet Forum, a membership
organization dedicated to advancing the use of clean, domestic, abundant
and low-cost natural gas in our nation’s transportation sector.
“With the volatility of diesel prices and the concern among companies
about their carbon footprint, Ryder has made it a priority to offer
customers an alternative that will not only help them meet their
sustainability goals, but will also drive operational efficiencies,”
said John Sonia, Senior Vice President of Dedicated Contract Carriage
for Ryder.
In addition to its alternative fuel program, Ryder has developed a
Carbon Footprint Metric, which provides customers with a platform for
computing CO2 emissions. With this tool, customers can access the data
they need to measure, analyze, and report their transportation
emissions. In 2010, Ryder also committed to supporting engine
technologies that reduce emissions by making Diesel Exhaust Fluid (DEF)
available at more than 800 full-service Ryder vehicle maintenance
locations in North America. This offering supports vehicles that use
Selective Catalytic Reduction (SCR) technology to meet the more
stringent 2010 emission standards set by the Environmental Protection
Agency.
Ryder is a supporter of the EPA SmartWay® program, voluntarily
participating in both the Carrier and Logistics Partnerships programs.
The Company is also a member of the Business Roundtable Climate Resolve
and voluntarily reports to the Carbon Disclosure Project.
Inbound Logistics’ 75 Green Supply Chain Partners is featured in
the magazine’s June 2011 issue. This year, the list has been expanded
from 50 to 75 companies, featuring the top 75 logistics service
providers who are leading the way in sustainability and green logistics
initiatives.
About Ryder
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 included Ryder in its 2010
and 2011 “Green Partners” listing. Ryder also ranked 114 out of the top
500 U.S. companies and sixth in its industry sector in the 2010 Newsweek
Green Rankings. In addition, 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.
About Inbound Logistics
Inbound Logistics is the leading trade magazine targeted toward
business logistics and supply chain managers. The magazine's editorial
mission is to help companies of all sizes better manage corporate
resources by speeding and reducing inventory and supporting
infrastructure, and better matching demand signals to supply lines. More
information is available at www.inboundlogistics.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.
Source: Ryder System, Inc.