-- Ryder Honored for Sixth Consecutive Year for Helping Companies
Operate More Efficiently and Sustainably --
MIAMI--(BUSINESS WIRE)--
Ryder System, Inc. (NYSE: R), a leader in commercial transportation and
supply chain management solutions, today announced that for the sixth
consecutive year, 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 Inbound Logistics Editor, Felecia
Stratton. “The 75 Green Supply Chain Partners is a very select group,
and we found Ryder to be one of those companies that is truly ‘walking
the walk’ when it comes to supply chain sustainability. The G75 list
represents 75 visionaries who have demonstrated 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 this important group of industry-changing
leaders.”
Ryder engages with customers to help them “green” their supply chains by
focusing on carbon reduction in three critical areas: network design,
facilities and building use, and transportation. By designing a supply
chain network with the reduction of the carbon footprint as one of our
primary focuses, Ryder advises customers on factors such as the location
of distribution centers, miles to be traveled, amount of inventory, and
size and number of facilities included in the network. For the use of
buildings and facilities, Ryder offers lighting efficiencies,
cutting-edge energy technologies, alternative use of by-products, and
other strategies to reduce waste and carbon emissions. In
transportation, customers are not only able to take advantage of Ryder’s
engineering expertise optimizing shipments, routes, and modes, but can
also tap into Ryder’s industry leading natural gas vehicle program.
“This latest recognition reinforces Ryder’s ongoing commitment to assist
companies that seek alternatives to reduce fuel costs, carbon output,
and meet their environmental objectives,” said Ryder President of Global
Supply Chain Solutions, John Williford. “Ryder is combining its
leadership in natural gas, telematics, and sustainability to make it as
easy as possible for customers to implement sustainable fleet and supply
chain solutions that also enable them to realize meaningful cost-savings
and efficiencies.”
Ryder is the market leader in natural gas vehicle and maintenance
solutions for the commercial transportation industry. Businesses can tap
into Ryder's extensive knowledge of natural gas vehicle operations,
expanding maintenance network, and its highly trained and experienced
technicians, to ensure the safe operation, maintenance, and fueling of
natural gas vehicles. Ryder’s leasing and rental business model enables
businesses to “test” the new technology with less risk of downtime, as
well as insulate themselves from the unknown residual risk. Ryder’s
alternative fuels sales team can also help businesses determine which
vehicle configurations work best for their specific applications.
In addition to making natural gas vehicles available for rent or lease,
Ryder’s “Flex-to-Green Lease” solution is designed to ease the
transition to a greener fleet. Businesses that opt for Ryder’s
Flex-to-Green Lease start out with a diesel-powered vehicle and then
have the option to convert to a natural gas vehicle at any time
following the first full year of the lease. Flex-to-Green customers
enjoy all the maintenance and service benefits of a standard Ryder Full
Service Lease, which includes substitute vehicles during unexpected
downtime.
Ryder’s natural gas fleet includes over 500 compressed and liquefied
natural gas vehicles operating more than 20 million miles, and serving
over 40 customers in California, New York, Texas, Arizona, Michigan,
Utah, Georgia, and Louisiana. The company also operates two Liquefied to
Compressed Natural Gas (LCNG) fuel stations at its maintenance
facilities in Orange and Fontana, California.
Inbound Logistics’ 75 Green Supply Chain Partners is featured in
the magazine’s June 2014 issue.
About Inbound Logistics
Since its inception in 1981, Inbound Logistics' educational
mission is to illustrate the benefits of demand-driven logistics
practices, give companies the knowledge to help them match the inbound
flow of materials to their demand, and align their business process to
support that shift. Inbound Logistics offers real-world examples
and decision support to guide businesses to efficiently manage
logistics, reduce and speed inventory, and offset rising transport
costs, supporting business scalability across their value chain. More
information about demand-driven logistics practices is available at www.inboundlogistics.com.
About Ryder
Ryder is a FORTUNE 500® commercial fleet 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
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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.