Ryder Recognized as an Inbound Logistics Green Supply Chain Partner
-- 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.
“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”
“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.
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 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.