Ryder System, Inc. (NYSE:R), a leader in commercial transportation and supply chain management solutions, today announced that it was named a 2013 Green Supply Chain Award winner by Supply & Demand Chain Executive (SDCE). The Green Supply Chain Awards recognize companies 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.
“At Ryder, we know that a more efficient supply chain, along with better equipment and load utilization, means a better use of resources, which translates into lower energy consumption,” said John Williford, President of Global Supply Chain Solutions, Ryder. “With our warehousing and transportation experts and a focus on operational execution, we are able to knit customer supply chains together more tightly, which ultimately gives our customers more options for greening their supply chain and fleet network.”
Alternative fuel solutions is one area where Ryder’s impact is evident. The company is the leader in natural gas vehicle solutions for the commercial transportation industry, with natural gas capabilities in California, Arizona, Michigan, Texas, New York, and Louisiana. Ryder recently achieved a milestone with its 320 natural gas vehicles running in customer fleets surpassing 15 million miles. Since deploying its natural gas vehicle program in 2011, Ryder’s operation has replaced approximately 2.3 million gallons of diesel fuel with domestically produced natural gas and reduced emissions by more than 5,290 MTCO2e (metric tons of carbon dioxide equivalent emissions). Ryder also promotes its capability to optimize supply chain networks for maximum environmental benefits through its Green Challenge. Customers can accept the Green Challenge at varying levels of intensity – from changing to a hybrid or alternative-fuel vehicle for transportation services, to implementing facility retrofits or new distribution network designs, all of which deliver long-term environmental benefits.
Supply & Demand Chain Executive received almost 100 entries for the 2013 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.
To learn more about how Ryder is helping drive sustainability, read the company’s latest Corporate Sustainability Report.
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. Inbound Logistics magazine has included Ryder in its “Green Partners” listing for five years in a row, and Newsweek has included Ryder for three years in a row in its ranking of the top 500 green U.S. companies. 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 Annual Disaster Giving 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.
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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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