- Ranks Top 5 in the Transportation & Logistics Sector -
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial transportation and
supply chain management solutions, has been named one of the top green
companies in the U.S. by Newsweek magazine for the second year in
a row.
“Ryder remains committed to implementing industry-leading environmental
practices that reduce risk, drive operational efficiency, and deliver
value to our customers,” said Chairman and Chief Executive Officer Greg
Swienton. “Our approach to operating our business and delivering
solutions to our customers is based on the foundation that business
objectives and environmental goals are not mutually exclusive.”
For example, the solutions Ryder implements for customers such as
preventive maintenance, vehicle technologies to optimize routes and
reduce idling, as well as alternative fuel options and logistics
engineering strategies that optimize distribution networks to reduce
miles, are all part of an overall strategy to improve transportation
efficiencies. These very same activities also reduce emissions and
result in real-world environmental benefits.
In the 2011 Newsweek Green Rankings, Ryder improved its rank in
the Transportation & Logistics sector, moving up from 6th
to 5th place among all companies ranked in the sector. Ryder
also improved its overall position to No. 111 out of 500, up from No.
114 in 2010.
The Newsweek Green Rankings comprehensively assess the
environmental performance of the largest publicly traded companies in
America and around the world. Newsweek collaborated with leading
environmental research providers, Trucost,
and Sustainalytics
to assess each company’s environmental footprint, management of that
footprint, and transparency. Published annually since 2009, this project
is billed as the first effort by a major media organization to rank
companies based on their actual environmental footprint, management of
that footprint, and sustainability communications. For more information
about the 2011 Newsweek Green Rankings, visit www.newsweek.com/green.
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 included Ryder
in its 2011 and 2010 “Green Partners” listing, and Newsweek has
included Ryder for two years in a row in its ranking of the top 250
green U.S. companies. Ryder is a charter member of the NGV Fleet Forum
and a member of the Department of Energy’s National Clean Fleets
partnership. Ryder is also a recipient of the 2011 NGV Achievement Award
and has been recognized by the Carbon Disclosure Project (CDP) in the
Carbon Disclosure Leadership Index. A member of the American Red Cross
Annual Disaster Giving Program, Ryder is proud to support national and
local disaster preparedness and response efforts. For more information,
visit www.ryder.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.