MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE:R), a leader in transportation and supply chain
management solutions, today announced that it was named a 2011 General
Motors Supplier of the Year for providing world-class supply chain and
logistics services to GM. This is Ryder’s seventh time winning the
award, which was given recently during a ceremony at the Detroit
Institute of the Arts.
Commenting on the award, John Williford, President of Global Supply
Chain Solutions for Ryder, said, “Ryder is once again honored to be
recognized as a Supplier of the Year by GM and proud to contribute to
their global success and quality reputation. We look forward to
continuing our 27-year relationship and to reaching new levels of
service excellence. I would also like to congratulate the members of our
Ryder team who are committed to driving superior quality, support and
value for GM.”
The award recognizes the significant contributions of GM’s suppliers in
2011 as part of the company’s global product and performance
achievement. The winners represent GM’s view of the best the automotive
industry has to offer in innovative technology, superior quality,
outstanding launch support, crisis management and competitive total
enterprise cost solutions.
“The Supplier of the Year award winners’ partnership, dedication and
commitment to consistently perform above expectation played an important
role in GM’s success in 2011,” said Bob Socia, Vice President, Global
Purchasing and Supply Chain. “In 2012, we will continue to improve
supplier relations to achieve a world class supply chain focused on
quality, capacity management and total cost.”
The GM Supplier of the Year award began as a global program in 1992.
Winners are selected by a global team of executives from purchasing,
engineering, manufacturing and logistics who base their decisions on
supplier performance in quality, service, technology and price. This
year, General Motors honored 82 out of thousands of suppliers
representing 13 countries for their outstanding performance throughout
2011.
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 included Ryder in its 2011
and 2010 “Green Partners” listing. 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
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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.