MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announces that it is a recipient of the 2019 Green Supply Chain Award from Supply & Demand Chain Executive (SDCE), the executive's user manual for successful supply and demand chain transformation. The 12th annual award recognizes companies that successfully integrate environmentally conscious practices into their operations, as well as third party logistics (3PL) providers that help their customers achieve measurable sustainability goals.
“As a leading 3PL, Ryder is uniquely positioned to reduce the environmental impacts of our own operations, as well as those of our customers,” said Steve Sensing, Ryder President of Global Supply Chain Solutions. “Currently, we are helping a customer deliver on a commitment to minimize its carbon intensity by 50% by 2025. As part of that, we developed a customized solution that consolidated three warehouses into one LEED Gold certified facility, reducing energy consumption and minimizing miles driven. The centralized location, combined with Ryder’s expertise in efficient route engineering, has reduced mileage by 520,000 miles annually.”
To date, Ryder has helped more than 70 customers across various industries convert to newer fuel technologies. The company maintains the second largest natural gas fleet in the U.S., which has achieved more than 200 million miles and eliminated more than 50,688 metric tons of carbon dioxide equivalent, or MTCO2e, of greenhouse gas emissions. In addition, to aid in the adoption of alternative fuel and electric vehicles, Ryder has agreed to serve as the maintenance and distribution provider to several manufacturers.
“Every year our Green Supply Chain Award recipients demonstrate what is achievable in supply chain sustainability,” says John R. Yuva, editor for Supply & Demand Chain Executive. “It is clear that while sustainability is not a new concept, there is always more we can accomplish. We extend our congratulations to this year’s award recipients and their commitment to green initiatives. The entries serve as best-in-class examples for other companies to model and create value for their supply chains.”
About Ryder Supply Chain Solutions
Ryder Supply Chain Solutions optimizes logistics networks to make them more responsive and able to be leveraged as a competitive advantage. Globally-recognized brands in the automotive, consumer goods, food and beverage, healthcare, industrial, oil and gas, technology, and retail industries rely on Ryder’s leading technologies and world-class logistics engineers to help them deliver the goods that consumers use every day.
Operating more than 300 facilities with 55 million square feet of warehouse space, Ryder offers flexible solutions as well as end-to-end visibility – no matter how challenging or diverse the storage and distribution needs may be. Ryder currently provides comprehensive logistics and supply chain management solutions to companies with operations in the U.S., Canada and Mexico, and also contracts with more than 3,100 carriers in all modes of transportation in the markets it serves.
The company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, representing many of the world’s best-known brands. Ryder employs nearly 40,000 people and manages a fleet of more than 270,000 commercial vehicles.
Ryder is a Fortune 500® commercial fleet management, dedicated transportation, and supply chain solutions company. The company’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder, which provides commercial truck rental, truck leasing, used trucks for sale, and last mile delivery services, has been named among “The World’s Most Admired Companies” by Fortune, as well as one of “America’s Best Employers” and “America’s Best Employers for Women” by Forbes. The company is regularly recognized for its industry-leading practices in third-party logistics, environmentally friendly fleet and supply chain solutions, world-class safety and security programs, and hiring of military veterans. For more information, visit www.ryder.com or our newsroom, and follow us on Facebook, LinkedIn, and Twitter.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints, and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at www.SDCExec.com.
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.