Ryder Named A Top Third-Party Logistics Provider By Inbound Logistics
- Ryder Earns a Top Slot for Ninth Consecutive Year -
MIAMI, Aug. 17 -- Ryder System, Inc. , a global leader in supply chain, warehousing and transportation management solutions, today announced it ranked second in the annual Inbound Logistics "Top Ten 3PL Excellence Awards." Ryder has been recognized by this leading publication as a top-five 3PL for nine consecutive years.
"Whatever the company size, world-class logistics performance is crucial. Given the scope and scale of the challenge, it is impressive to see Ryder providing the kinds of solutions that companies large and small rely on to solve the tactical logistics issues of serving customers better, faster, and more efficiently," said Felecia Stratton, Editor of Inbound Logistics. "Ryder is responsive and continues to anticipate evolving needs by offering the strategic solutions needed to drive business process improvement and change for their customers. For those reasons, Ryder is being recognized as an Inbound Logistics Top Ten 3PL."
In its annual survey, Inbound Logistics editors select the Top 100 3PLs from more than 500 companies and the publication's readers cast ballots to determine the Top Ten 3PLs. According to Inbound Logistics, nearly 4,000 readers -- from transportation managers to CEOs, from small retailers to Fortune 10 companies -- cast votes to determine the Top Ten 3PLs in this year's list.
"Ryder has a solid global infrastructure of people, processes and technology to serve our customers. We offer market-leading solutions that help customers achieve flawless execution and drive costs out of their supply chains," said Vicki O'Meara, President of U.S. Supply Chain Solutions for Ryder. "Ryder is honored to be recognized for the ninth consecutive year and we are grateful to Inbound Logistics, our customers and peers for this honor."
About Inbound Logistics
Inbound Logistics is a leading trade magazine targeted toward business logistics and supply chain managers. The magazine's editorial mission is to help leading companies better manage corporate resources by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply lines. More information is available at www.inboundlogistics.com.
About Ryder
Ryder is a Fortune 500 company providing leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. For more information about Ryder System, Inc., visit www.ryder.com .
Note Regarding Forward-Looking Statements: Certain statements and information included in this press release are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties inherent in our business that could cause actual results and events to differ materially from those in the forward-looking statements. Important factors that could cause such differences include, among others, our ability to obtain adequate profit margins for our services, our inability to maintain current pricing levels due to customer acceptance or competition, customer retention levels, unexpected volume declines, loss of key customers in the Supply Chain Solutions (SCS) business segment, our failure to successfully implement new sales growth initiatives in our FMS business segment, unexpected reserves or write-offs due to the deterioration of the credit worthiness or bankruptcy of certain customers in our SCS business segment, changes in financial, tax or regulatory requirements or changes in customers' business environments that will limit their ability to commit to long-term vehicle leases, changes in market conditions affecting the commercial rental market or the sale of used vehicles, the effect of severe weather events, labor strikes or work stoppages affecting our or our customers' business operations, adequacy of accounting estimates and accruals particularly with respect to pension, taxes and revenue, changes in general economic conditions, sudden changes in fuel prices, availability of qualified drivers, our ability to manage our cost structure, changes in government regulations including regulations regarding vehicle emissions and the risks described in our filings with the Securities and Exchange Commission. The risks included here are not exhaustive. New risks emerge from time to time and 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.