MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, today announced that Ryder executive Thomas Regan, Group Director of Hi-Tech and Electronics, will present at the Reverse Logistics & Sustainability Council (RLSC) Conference on Thursday, January 23, 2014, from 10:15 a.m. to 11:00 a.m. at the Marriott Marquis Hotel in Atlanta, Ga.
The RLSC Conference will address the most critical issues and relevant topics of interest to reverse logistics and sustainability executives. Speakers include reverse logistics experts from retailing, manufacturing, 3PLs, liquidation, technology, and academia.
Mr. Regan’s presentation, “Extracting Value from the Reverse Supply Chain by Leveraging the Forward Supply Chain,” will touch upon various topics, including trends in the marketplace and the benefits of co-locating.
Ryder’s co-location solution integrates forward and reverse logistics in the same facility to further optimize the returns process and drive greater value recovery of returned assets. By co-locating the distribution management of finished goods with returns processes such as technical repair, refurbishment, and repackaging in the same facility, co-location enables customers to benefit from lower administrative costs, fewer transportation miles, lower fuel costs, improved visibility and control throughout the product lifecycle, and faster processing speed.
Ryder Supply Chain Solutions is an end-to-end supply chain partner with 80 years of experience helping companies in North America, Europe, and Asia transform their supply chains. Ryder provides a full range of services, from optimizing day-to-day logistics operations to synchronizing the supply of parts and finished goods with customer demand. As supply chains become more complex, Ryder leverages five strengths to deliver the best in supply chain execution: know-how, lean methodologies, a proven track record, deep expertise in key industries and a breadth of resources.
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