MIAMI--(EON: Enhanced Online News)--Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it was named a 2016 Green Supply Chain Award winner by Supply & Demand Chain Executive (SDCE). The Green Supply Chain Award recognizes companies that are making green or sustainability a core part of their supply chain strategy and working to achieve measurable sustainability goals within their own operations and/or supply chains. Ryder has received the award for eight years in a row.
“Ryder offers a range of fleet and supply chain solutions that help customers improve efficiencies and reduce environmental impacts”
“Ryder offers a range of fleet and supply chain solutions that help customers improve efficiencies and reduce environmental impacts,” said Dennis Cooke, President, Global Fleet Management Solutions for Ryder. “We are proud to be recognized for consistently helping our customers achieve their business and sustainability objectives. Ryder strives to provide customers with the most flexibility, choice, and control in fleet management, as well as innovative solutions to help them reach cost and performance goals.”
Advanced fuel solutions are one area where Ryder’s impact is evident. The Company is the leader in natural gas vehicle (NGV) and maintenance solutions for the commercial transportation industry with more than 100 million miles of operations, 22 NGV maintenance facilities, and more than 5,500 NGV trained maintenance and support personnel across Ryder’s North American service network. Businesses can tap into Ryder's extensive knowledge of NGV operations, expanding maintenance network, and its highly trained and experienced technicians, to ensure the safe operation, maintenance, and fueling of NGVs. Ryder’s NGV fleet consists of compressed and liquefied NGVs serving customers in Arizona, Arkansas, California, Florida, Georgia, Louisiana, Maryland, Michigan, Minnesota, Mississippi, New York, Pennsylvania, Tennessee, Texas, Utah, Wisconsin, and in both Ontario and Quebec, Canada. The Company also operates Liquefied to Compressed Natural Gas (LCNG) fuel stations at its Fontana and Orange, Calif., service locations. 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 engages with customers to help them “green” their supply chains as well 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.
Supply & Demand Chain Executive received almost 100 entries for the 2016 Green Supply Chain Award. Submissions were judged based on the clarity and content of the goals and strategy, the extent of the steps being taken, the impact of the results to date and projected results, and the form and presentation of the information submitted. Honored companies are recognized in the areas of Sourcing/Procurement, Fulfillment/Logistics, Operations, Product Lifecycle Management, and other areas of the supply chain. The awards also spotlight providers of supply chain solutions and services, such as Ryder, that assist their customers in achieving measurable sustainability goals.
Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. The Company has been named among FORTUNE’s World’s Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. Inbound Logistics magazine has included Ryder in its “Green Partners” listing for eight years in a row. Ryder was also recognized by the U.S. Environmental Protection Agency (EPA) with a 2014 SmartWay Affiliate Challenge award and SmartWay Excellence Awards in 2014 and 2013. Ryder is a charter member of the NGV Fleet Forum and a member of the Department of Energy’s National Clean Fleets partnership. Ryder is also a recipient of the 2011 NGV Achievement Award. A member of the American Red Cross Disaster Responder Program, Ryder is proud to support national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, Instagram, and YouTube.
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.