-- Food and Beverage Sector Recognizes Ryder for Outstanding Supply
Chain Execution --
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in supply
chain, warehousing, and transportation management solutions, today
announced it has been named to the Top 100 3PL and Cold Storage
Providers list published by Food Logistics magazine, the only
publication dedicated exclusively to the food and beverage supply chain.
Ryder’s inclusion in the list reflects the company’s best-in-class
supply chain execution in the food and beverage sector.
“The companies on this year’s list offer tremendous value to their
customers in the food and beverage sector, starting with their
understanding of the requirements and demands unique to this space,”
said
Lara L. Sowinski
, editor-in-chief of Food Logistics. “For
one, food and beverage supply chains operate in a highly regulated
environment where safe and secure transportation and warehousing of the
product, which often involves temperature-controlled facilities and
equipment, is paramount. In addition, the constant introduction of new
products coupled with increased consumer demand for more fresh produce
raises the stakes even higher.”
With more than 30 million square feet of warehouse space throughout its
global network, Ryder offers a full suite of supply chain management
solutions for the food and beverage industry that include food
packaging, distribution
management, transportation
management, dedicated
contract carriage, and the Ryder
Control Tower, a proprietary solution that provides visibility to
in-transit inventory at the part/SKU level and allows for real-time
adjustments to delivery. Through its Mixing
and Consolidation Centers (MACC), Ryder also helps food and beverage
companies reduce transportation miles and obtain greater efficiencies.
In January 2011, Ryder completed the acquisition of third party
logistics provider Total Logistics Control (TLC) and significantly
expanded its customer base in the consumer packaged goods sector. In May
of this year, Ryder further expanded its food packaging capability by
investing in significant enhancements to its 327,000-square-foot food
packaging and distribution center in the major vegetable growing area of
Beaver Dam, Wis. Ryder added 15,000 square feet of
temperature-controlled space for a total of 342,000 square feet of low
temperature (-10° to 45° degrees Fahrenheit) space at the Beaver Dam
Logistics Center to provide food manufacturers with state-of-the-art
distribution, packaging, and production capabilities for a wide array of
frozen and refrigerated foods. Enhancements also included a packaging
line with seven-station blending capability, high-speed robotic
palletizing, and automatic and semi-automatic cartoning.
“We bring our expertise managing complex value-added warehousing and
packaging operations as well as our strong capabilities in
transportation management and dedicated contract carriage to food and
beverage companies,” said
Darin Cooprider
, Vice President and General
Manager of Consumer Packaged Goods, Ryder Supply Chain Solutions. “The
result is outstanding supply chain execution, reliability, and the
continuous innovation our customers need to run their supply chains
efficiently.”
Companies on this year’s Top 100 3PL & Cold Storage Providers list will
be profiled in the July/August 2010 issue of Food Logistics, as
well as online at www.foodlogistics.com.
About Food Logistics
Food Logistics is published by Cygnus Business Media, a leading
diversified business-to-business media company. The publication serves
the information needs of executives involved in various aspects of the
food and beverage supply chain. Through our print and online products,
we provide news, trends, and best practices that help more than 24,000
grocery and foodservice suppliers, distributors, and retailers make
better business decisions. Visit us online at www.foodlogistics.com.
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 a top third party logistics provider and green supply chain partner.
Ryder has also been ranked two years in a row as one of the top 250 U.S.
companies in the 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, visit www.ryder.com
and follow us on Facebook,
YouTube,
and Twitter.
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.