Company Donates $20,000 to Promote Careers as Skilled Technicians
MIAMI--(BUSINESS WIRE)--
Ryder
System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated
transportation, and supply
chain solutions, has donated $20,000 to the Universal
Technical Institute Foundation to help meet the urgent and growing
demand for trained diesel technicians. The funds will support students
who attend the Universal Technical Institute (UTI) campus in Lisle,
Illinois.
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(From left to right): Next Top Tech Challenge third place winner Liberty Coleman; second place winner Wilmer Leon; UTI-Lisle Campus President Julie Mueller; and first place winner Warren Hindriks. (Photo: Business Wire)
TWEET THIS: Ryder donates $20K to @UTITweet Foundation to help meet
growing demand for diesel techs
“As companies continue to outsource their fleet management and supply
chain services to Ryder, demand for expert maintenance technicians will
only increase,” said Dennis Cooke, President of Global Fleet Management
Solutions, Ryder. “This donation demonstrates to our customers that we
are actively working to support one of the nation’s leading providers of
highly trained transportation service technicians in their efforts to
develop future talent.”
As part of its relationship with UTI, Ryder held a “Next Top Tech
Challenge” at the UTI-Lisle campus. Nine UTI students worked alongside
Ryder technicians to participate in three technical challenge stations
and took a written exam to test their knowledge and skills based on
various mechanical failures and solutions. Warren Hindriks was named the
first place winner, and was awarded an internship at Ryder. The second
place winner was Wilmer Leon, and Liberty Coleman was the third place
winner. As winners of the Next Top Tech Challenge, all three students
earned tuition scholarship awards ranging from $2,500 to $1,000. Funding
for the scholarships came from Ryder’s $20,000 donation to the school.
“The automotive and diesel technicians we train can diagnose, repair,
and maintain the complex, high-tech systems that power today’s vehicles
and play a critical role in helping companies manage the costs of their
fleet and transportation systems,” said Ian Hardie, Employment Services
Director, UTI-Lisle. “Organic growth in the industry and the looming
retirement of Baby Boomer employees means the demand for these highly
skilled employees has never been stronger.”
According to the U.S. Bureau of Labor Statistics, individuals with
specialized skills are in high demand. The nation will need 1.2 million
automotive, diesel, collision repair, motorcycle, and marine service
technicians by 2022. According to government projections, this will mean
an average of 37,000 job openings annually.
In Illinois specifically, the Department of Employment Security projects
a nine percent growth in the need for vehicle and mobile equipment
technicians by 2022, with an average of 2,200 annual statewide job
openings every year.
At the same time, the increasing complexity of modern vehicles, rising
compliance costs, and the move toward green technology mean many
companies are outsourcing their fleet management and supply chain
services to third-party companies with specific expertise, like Ryder.
“Companies turn to Ryder to solve their transportation and logistics
challenges and because they can count on us to deliver strong, reliable
service,” said Mr. Cooke. “Technicians are on the front lines of our
commitment to our customers, and we rely on schools like UTI to train
them. Contributing scholarship funds to the UTI Foundation is an
investment that makes sense for our business.”
Ryder employs 5,400 trained technicians. To search for available
technician positions in your area, visit http://www.ryder.com/en/career/opportunities/technicians/technicians-info.aspx.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder’s stock
(NYSE:R) is a component of the Dow Jones Transportation Average and the
Standard & Poor’s 500 Index. Ryder has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. The Company is a proud member
of the American Red Cross Disaster Responder Program, supporting
national and local disaster preparedness and response efforts. For more
information, visit www.ryder.com,
and follow us on our Online
Newsroom, Facebook,
LinkedIn,
Twitter,
and YouTube.
About Universal Technical Institute Foundation
A 501(c)(3) nonprofit, the Universal Technical Institute Foundation
encourages and supports students pursuing post-secondary technical
education and careers in the transportation industry. The Foundation
distributes more than $1 million in scholarships and grants annually,
thanks to its generous corporate sponsors and donors. For more
information visit www.utifoundation.net.
About Universal Technical Institute, Inc.
Headquartered in Scottsdale, Arizona, Universal Technical Institute,
Inc. (NYSE: UTI) is the leading provider of post-secondary education for
students seeking careers as professional automotive, diesel, collision
repair, motorcycle and marine technicians. With more than 190,000
graduates in its 50-year history, UTI offers undergraduate degree and
diploma programs at 12 campuses across the United States, as well as
manufacturer-specific training programs at dedicated training centers.
Through its campus-based school system, UTI provides specialized
post-secondary education programs under the banner of several well-known
brands, including Universal Technical Institute (UTI), Motorcycle
Mechanics Institute and Marine Mechanics Institute (MMI) and NASCAR
Technical Institute (NASCAR Tech). For more information visit www.uti.edu.
Like UTI on www.facebook.com/UTI
or follow UTI on Twitter @UTITweet,
@MMITweet,
and @NASCARTechUTI.
UTI has operated a campus in Illinois for 26 years, and relocated to a
new state-of-the-industry facility in Lisle in 2013. The campus offers a
variety of program configurations in the automotive and diesel fields.
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.
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Source: Ryder System, Inc.