Ryder Named a Top 10 3PL in 2023 Readers’ Choice Excellence Awards by Inbound Logistics

MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces it is named among the Top 10 3PLs in the 2023 Readers’ Choice Excellence Awards by Inbound Logistics for the second consecutive year. Considering nearly 12,500 votes cast by supply chain decision-makers from some of the world’s best-known brands, the Inbound Logistics audience shortlists the top ten 3PLs they trust most to solve supply chain challenges.

“World-class 3PLs offer innovative and efficient ways to wring every ounce of productivity from enterprise operations,” says Felecia Stratton, editor of Inbound Logistics. “We’re pleased to recognize Ryder for making the investment in the solutions and expertise that empowered logistics, supply chain, and transportation excellence for customers in 2023.”

To fully optimize supply chain and transportation networks, Ryder continues to build on $1.3 billion in strategic investments it has made over the past five years to develop, acquire, and invest in innovative customer-facing technologies, products, and services.

• In August, the company announced the establishment of Baton, A Ryder Technology Lab based out of Silicon Valley. Led by some of the brightest minds from the world’s most respected tech firms and learning institutions, the lab’s first mission is to create a first-of-its-kind, AI-powered digital platform and optimization engine that facilitates a new, integrated approach to managing transportation networks for customers where seasonality and fluctuating demand inhibit the continuous use of resources.
• In July, Ryder rolled out Torque by Ryder™, a first-of-its-kind retail mobile maintenance service that fleet owners can access via desktop, smartphone, or tablet to schedule, receive, track, and pay for mobile maintenance solutions at their place of business – all without a contract.
• And, in May, Ryder announced RyderElectric+™, a turnkey solution to help customers navigate the electric vehicle landscape, inclusive of developing a transition roadmap with electrification advisors, vehicles, charging, telematics, and maintenance. In addition, Ryder announced plans to introduce up to 4,000 BrightDrop electric vans to its lease and rental fleet through 2025.

“By strategically investing in and piloting new technologies, Ryder is uniquely positioned to ensure our customers have access to the innovations that will keep their supply chain and transportation networks ahead of the curve in an ever-evolving environment – and, just as importantly, access to implementation expertise as well as data scientists to turn analytics into actionable insights,” says Karen Jones, chief marketing officer and head of new product innovation for Ryder. “We strive each and every day to ensure our customers can deliver on their promises to their customers, so to be recognized for that in such a prestigious way is priceless.”

As a fully integrated port-to-door transportation and supply chain logistics provider, Ryder provides supply chain, dedicated transportation, and fleet management solutions to some of the world’s most recognizable brands representing more than 20 industries. By combining cutting-edge technology and business intelligence tools with nearly 90 years of operational know-how, Ryder custom-engineers solutions around its customers’ operations rather than trying to fit them into a one-size-fits-all formula.

For more on Ryder’s technology-driven solutions, visit www.ryder.com.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

About Inbound Logistics

Inbound Logistics, the demand-driven logistics magazine, is the leading multi-channel content provider targeted toward business logistics and supply chain managers. Inbound Logistics’ mission is to provide the information and solutions enabling companies of all sizes to become demand-driven enterprises by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply. More information is available at www.inboundlogistics.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, including our expectations with respect to Baton, Torque by Ryder, RyderElectric+, and expanding our supply chain solutions business and the capabilities of current and future technologies such as artificial intelligence (“AI”), 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.

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