August 17, 2016 - 6:55 AM EDT
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Inbound Logistics Names Ryder a 2016 Top 100 3PL Provider

Leading trade magazine recognizes Ryder for Best-in-Class Supply Chain Execution

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that it has been named an Inbound Logistics Top Third-Party Logistics (3PL) Provider for 2016. Inbound Logistics editors have selected 100 3PL providers whose products and services are critical for companies in various global supply chain industries.

TWEET THIS: @ILMagazine names @RyderSystemInc a Top 100 3PL Provider. View the full listing here: http://www.inboundlogistics.com/cms/top-100-3pls/.

“Ryder is trusted to operate behind the scenes of some of the best run supply chains in the world because of our experienced people, deep industry expertise, and LEAN operating systems,” said Steve Sensing, President for Global Supply Chain Solutions, Ryder. “We are proud to be recognized by Inbound Logistics as an industry leader.”

Ryder’s Supply Chain Solutions business segment offers a broad range of innovative services for companies in targeted industries designed to optimize day-to-day logistics operations and synchronize the supply of parts and finished goods with customer demand. Solutions are strategically engineered to address customer requirements, and include lead logistics management, warehousing, transportation management, packaging, and other value-added services. Ryder distinguishes itself through its deep industry knowledge, commitment to LEAN guiding principles, and providing the best execution.

Ryder’s LEAN culture helps businesses to achieve peak performance, increase profitability, and efficiency – all while improving quality. Operating more than 275 facilities with 40 million square feet of warehouse space, as well as dedicated or multi-client sites, Ryder offers flexible solutions, no matter how challenging or diverse a customer’s needs may be. 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 more than 33,000 people and manages a fleet of 231,900 commercial vehicles.

“Every year, leading third-party logistics providers of all shapes and sizes submit their credentials, hoping to match their solutions with our readers’ business logistics needs. It remains an increasingly difficult task for the Inbound Logistics editorial team to narrow down the list to only 100 top 3PL providers,” said Inbound Logistics Editor, Felecia Stratton. “Ryder was selected as a Top 100 3PL Provider because its solutions solve specific logistics challenges, improve processes, and create a ripple effect of efficiencies for our readers across their entire value chain.”

Earlier this year, Inbound Logistics also named Ryder one of its “Green Supply Chain Partners” for the eighth consecutive year. The magazine selects “Green Supply Chain Partners” that demonstrate deep commitment to green initiatives in transportation and supply chain sustainability. Ryder was recognized this year for engaging with customers to help them “green” their transportation solutions by making natural gas vehicles available to rent or lease.

Inbound Logistics’ Top 100 3PL Providers are featured in the magazine’s July 2016 issue, as well as online at http://www.inboundlogistics.com/cms/top-100-3pls/.

About Ryder

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. Ryder 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. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting 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.

About Inbound Logistics

Since its inception in 1981, Inbound Logistics' educational mission is to illustrate the benefits of demand-driven logistics practices, give companies the knowledge to help them match the inbound flow of materials to their demand, and align their business process to support that shift. Inbound Logistics offers real-world examples and decision support to guide businesses to efficiently manage logistics, reduce and speed inventory, and offset rising transport costs, supporting business scalability across their value chain. More information about demand-driven logistics practices 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 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.

Ryder System, Inc.
Jonathan Mayor, 305-500-3161
[email protected]
or
David Bruce, 305-500-4999
[email protected]


Source: Business Wire (August 17, 2016 - 6:55 AM EDT)

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