- Ryder Earns a Top Slot for Ninth Consecutive Year -
MIAMI, Aug. 17 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R),
a global leader in supply chain, warehousing and transportation management
solutions, today announced it ranked second in the annual Inbound Logistics
"Top Ten 3PL Excellence Awards." Ryder has been recognized by this leading
publication as a top-five 3PL for nine consecutive years.
"Whatever the company size, world-class logistics performance is
crucial. Given the scope and scale of the challenge, it is impressive to
see Ryder providing the kinds of solutions that companies large and small
rely on to solve the tactical logistics issues of serving customers better,
faster, and more efficiently," said Felecia Stratton, Editor of Inbound
Logistics. "Ryder is responsive and continues to anticipate evolving needs
by offering the strategic solutions needed to drive business process
improvement and change for their customers. For those reasons, Ryder is
being recognized as an Inbound Logistics Top Ten 3PL."
In its annual survey, Inbound Logistics editors select the Top 100 3PLs
from more than 500 companies and the publication's readers cast ballots to
determine the Top Ten 3PLs. According to Inbound Logistics, nearly 4,000
readers -- from transportation managers to CEOs, from small retailers to
Fortune 10 companies -- cast votes to determine the Top Ten 3PLs in this
year's list.
"Ryder has a solid global infrastructure of people, processes and
technology to serve our customers. We offer market-leading solutions that
help customers achieve flawless execution and drive costs out of their
supply chains," said Vicki O'Meara, President of U.S. Supply Chain
Solutions for Ryder. "Ryder is honored to be recognized for the ninth
consecutive year and we are grateful to Inbound Logistics, our customers
and peers for this honor."
About Inbound Logistics
Inbound Logistics is a leading trade magazine targeted toward business
logistics and supply chain managers. The magazine's editorial mission is to
help leading companies better manage corporate resources by speeding and
reducing inventory and supporting infrastructure, and better matching
demand signals to supply lines. More information is available at
http://www.inboundlogistics.com.
About Ryder
Ryder is a Fortune 500 company providing leading-edge transportation,
logistics and supply chain management solutions worldwide. Ryder's stock
(NYSE: R) is a component of the Dow Jones Transportation Average and the
Standard & Poor's 500 Index. For more information about Ryder System, Inc.,
visit http://www.ryder.com .
Note Regarding Forward-Looking Statements: Certain statements and
information included in this press release are "forward-looking statements"
under the Federal Private Securities Litigation Reform Act of 1995.
Accordingly, these forward-looking statements should be evaluated with
consideration given to the many risks and uncertainties inherent in our
business that could cause actual results and events to differ materially
from those in the forward-looking statements. Important factors that could
cause such differences include, among others, our ability to obtain
adequate profit margins for our services, our inability to maintain current
pricing levels due to customer acceptance or competition, customer
retention levels, unexpected volume declines, loss of key customers in the
Supply Chain Solutions (SCS) business segment, our failure to successfully
implement new sales growth initiatives in our FMS business segment,
unexpected reserves or write-offs due to the deterioration of the credit
worthiness or bankruptcy of certain customers in our SCS business segment,
changes in financial, tax or regulatory requirements or changes in
customers' business environments that will limit their ability to commit to
long-term vehicle leases, changes in market conditions affecting the
commercial rental market or the sale of used vehicles, the effect of severe
weather events, labor strikes or work stoppages affecting our or our
customers' business operations, adequacy of accounting estimates and
accruals particularly with respect to pension, taxes and revenue, changes
in general economic conditions, sudden changes in fuel prices, availability
of qualified drivers, our ability to manage our cost structure, changes in
government regulations including regulations regarding vehicle emissions
and the risks described in our filings with the Securities and Exchange
Commission. The risks included here are not exhaustive. New risks emerge
from time to time and 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.
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Related links:
http://www.ryder.com
http://www.inboundlogistics.com
CONTACT:
Lisa Brumfield, +1-305-500-3668, or
Lisa_Brumfield@Ryder.com, or Edward Rifenburg, +1-305-500-4161,
or Edward_Rifenburg@Ryder.com, both of Ryder System, Inc.
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