Ryder System, Inc. (NYSE:R), a leader in commercial transportation and supply chain management solutions, today announced it was honored with a SmartWay® Excellence Award – in the Logistics Management, Large Carrier category – from the U.S. Environmental Protection Agency (EPA) as a true industry leader in freight supply chain environmental performance and energy efficiency. Ryder was recognized for top environmental performance and efficiency in providing more sustainable transportation management solutions hauling freight with SmartWay carriers.
“Ryder’s best-in-class vehicle technologies, logistics engineering, and maintenance and fueling services offer our customers industry-leading performance, optimized fuel efficiency, and reduced carbon emissions,” said Ryder Chairman and Chief Executive Officer, Robert Sanchez. “We continue to play an important role in advancing the environmental sustainability of commercial transportation and logistics, particularly in North America.”
Ryder purchases approximately $4 billion annually in outside transportation services, and a carrier’s SmartWay participation is a selection factor when Ryder sources these services. In 2012, SmartWay carriers accounted for 89 percent of all freight miles managed by Ryder.
Ryder was one of 55 companies, representing approximately one percent of the Partnerships’ 3,000-plus Partners, to receive this distinction. The Excellence Awardees were honored at the Council of Supply Chain Management Professionals annual conference held in Denver, Colo.
“EPA is pleased to recognize the 2013 SmartWay Excellence Award recipients. I commend Ryder for its superior environmental performance and leadership in advancing freight sector efficiency," said Gina McCarthy, EPA Administrator. “Their commitment is helping lead the freight industry to a more sustainable future."
EPA based its selection on information received from partners' annual assessment tool submissions and semi-finalist applications, aiming to recognize approximately the top one percent of Partners that demonstrate leadership in support of SmartWay’s environmental goals. Awardees in the Logistics Management category were required to demonstrate that they traveled more than 200 million annual vehicle miles, that more than 80 percent of miles shipped were with SmartWay Partners, and that they achieved top environmental performance based on 50% CO2 + 25% NOx + 25% PM g/ton-mile outputs.
Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management 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 ranked three years in a row as one of the top 250 U.S. companies in the Newsweek Green Rankings. 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 and has been recognized by the Carbon Disclosure Project (CDP) in the Carbon Disclosure Leadership Index. 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 Facebook, YouTube, and Twitter.
EPA launched SmartWay in 2004 to help business improve the sustainability of their freight supply chains. Today the Partnership consists of more than 3,000 Partners, representing a cross section of the freight supply chain industry. As of today, SmartWay Partners have saved 65 million barrels of oil. This is equivalent to taking over 5 million cars off the road for an entire year. SmartWay’s clean air achievements (28 million metric tons of carbon dioxide, 478,000 tons nitrogen oxides, and 22,000 tons of particulate matter reduced so far) help protect the health and well-being of citizens while contributing to our nation’s economic and energy security.
More information on SmartWay in general: http://www.epa.gov/smartway/
List of Excellence Award recipients: http://www.epa.gov/smartway/partner-resources/awards.htm
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.
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