MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it has been named by Fortune magazine as one of the World's Most Admired Companies. This is the eighth consecutive year that Ryder has made the list, ranking as one of the top five within the Trucking, Transportation, and Logistics category.
“It is with great honor to once again receive this recognition from Fortune magazine as one of the world’s most admired companies. It’s really a testament to our dedicated employees that ultimately keep business moving,” said Ryder Chairman and CEO Robert Sanchez. “Ryder has nearly 40,000 employees, and every one of them does a job that is vital to Ryder, our customers, and the economy. Success requires a team effort, and Ryder has the best team in the business, which is further demonstrated through the consistent recognition by one of the most prestigious business magazines.”
Fortune’s World's Most Admired Companies list, a ranking of the world’s most respected and reputable companies, was based on a survey of 3,770 executives, directors, and security analysts. Each company is evaluated based on a variety of attributes, including investment value and quality of management and products to social responsibility and ability to attract talent.
Ryder is an $8.4 billion commercial fleet management, dedicated transportation, and supply chain solutions company, with operations in the U.S., Canada, Mexico, and the U.K. The company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, many of which make the products that consumers use every day. Ryder employs nearly 40,000, manages a fleet of more than 277,000 commercial vehicles, and operates more than 55 million square feet of warehouse space.
For more information about the list, visit https://fortune.com/worlds-most-admired-companies/2020/.
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.
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.