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Ryder Earns Quest for Quality Awards from Logistics Management

Published: 2024-09-12 10:55:00 ET

Ryder honored for excellence in transportation management and value-add warehousing and distribution solutions

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, is the recipient of two Quest for Quality 2024 awards in the third-party logistics (3PL) category, as presented by Logistics Management and Peerless Research Group. The awards serve as an industry benchmark for customer satisfaction and performance excellence for 3PL providers, carriers, and port operators, with winners determined by Logistics Management readers and qualified buyers of transportation and logistics services.

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Ryder honored for excellence in transportation management and value-add warehousing and distribution solutions in Logistics Management's Quest for Quality 2024 readers' choice awards. (Photo: Business Wire)

Based on more than 3,100 survey responses collected January through May, Ryder won in both the 3PL transportation management and value-add warehousing and distribution services categories, receiving top marks for carrier selection and negotiation, order fulfillment, and logistics information systems.

“Our culture is rooted in continuous improvement, and this award is a testament to that – to Ryder’s people and our relentless pursuit to make our customers’ supply chain and transportation networks smarter, faster, more efficient, and more resilient every day,” says Steve Sensing, Ryder President of Supply Chain Solutions.

Ryder provides a flexible mix of transportation solutions, including transportation management, freight brokerage, and dedicated contract carriage. Recently, Ryder acquired Cardinal Logistics, further strengthening its position as a leading customized dedicated transportation provider in North America. The company also bolstered its value-add warehousing and distribution services with the acquisition of Impact Fulfillment Services (IFS), adding contract packaging and manufacturing capabilities to its solutions portfolio. And, it continues to invest in logistics information systems, such as RyderShareTM.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, contract manufacturing and packaging, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, nearshoring solutions, 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 250,000 commercial vehicles, services fleets at 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; corporate responsibility; environmental management; safety, health and security programs; military veteran recruitment initiatives; and the hiring of a diverse workforce. www.ryder.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-ar

View source version on businesswire.com: https://www.businesswire.com/news/home/20240912332935/en/

Anne Hendricks, amhendricks@ryder.com

Amy Federman, afederman@ryder.com

Source: Ryder System, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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