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Ryder Recognized for Innovative Supply Chain Solutions in the Global Food and Beverage Industry

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, announced today that it has been named to Food Logistics 2019 FL100+ Top Software and Technology Providers, an annual list that serves as a resource guide of providers whose products and services are critical for companies in the global food and beverage supply chain. This is the seventh year that Ryder has appeared on the list.

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Ryder’s cloud- and mobile-based technologies support a fully optimized supply chain with greater speed-to-market performance. (Photo: Business Wire)

"The global food supply chain is constantly evolving and supply chain solutions must rise to the occasion," said Darin Cooprider, Ryder Vice President & General Manager of Consumer Packaged Goods. "For 86 years, we have partnered with our customers to help them best serve their customers and we are constantly looking for ways to utilize new technologies to create value. This award is a testament to our commitment to ensuring safety, efficiency and reliability through innovative solutions and advancements in the digital supply chain."

Ryder’s cloud- and mobile-based technologies support a fully optimized supply chain with greater speed-to-market performance for food and beverage industry customers, including nine of the top 10 Fortune 500 food and beverage companies. The company’s innovative technology solutions include RyderShare™, which is aimed at creating real-time visibility, collaboration, and exception handling to maximize efficiencies for customers. In addition, Ryder’s OpsBox is a warehouse analytics platform for labor management, providing shop floor visuals, daily metrics, workforce planning, and customer visibility dashboards. The result is labor productivity improvements exceeding 10% into the double digits, as well as increased employee engagement and improved customer experience.

"The transparency and safety of the digital global food supply chain would not exist without innovations in software and technology," says John R. Yuva, editor for Food Logistics and its sister publication Supply & Demand Chain Executive. "Our FL100+ recipients help drive supply chain compliance and regulatory changes that benefit everyone from the farmer to the food processor to the consumer."

Companies on this year’s 2019 FL100+ Top Software and Technology Providers list will be profiled in the November/December 2019 issue of Food Logistics, as well as online at www.foodlogistics.com.

About Ryder Supply Chain Solutions

Ryder Supply Chain Solutions optimizes logistics networks to make them more responsive and able to be leveraged as a competitive advantage. Globally-recognized brands in the automotive, building materials and construction, consumer goods, food and beverage, healthcare, industrial, metals, oil and gas, technology, and retail industries rely on Ryder’s leading technologies and world-class logistics engineers to help them deliver the goods that consumers use every day.

Operating more than 300 facilities with 55 million square feet of warehouse space, Ryder offers flexible solutions as well as end-to-end visibility – no matter how challenging or diverse the storage and distribution needs may be. Ryder currently provides comprehensive logistics and supply chain management solutions to companies with operations in the U.S., Canada and Mexico, and also contracts with more than 3,100 carriers in all modes of transportation in the markets it serves.

The company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, representing many of the world’s best-known brands. Ryder employs nearly 40,000 people and manages a fleet of more than 270,000 commercial vehicles.

About Ryder

Ryder is a Fortune 500® commercial fleet management, dedicated transportation, and supply chain solutions company. The company’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder, which provides commercial truck rental, truck leasing, used trucks for sale, and last mile delivery services, has been named among "The World’s Most Admired Companies" by Fortune, as well as one of "America’s Best Employers" and "America’s Best Employers for Women" by Forbes. The company is regularly recognized for its industry-leading practices in third-party logistics, environmentally friendly fleet and supply chain solutions, world-class safety and security programs, and hiring of military veterans. For more information, visit www.ryder.com or our newsroom, and follow us on Facebook, LinkedIn, and Twitter.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191217005003/en/

Contacts

Anne Hendricks
(305) 500-4547
amhendricks@Ryder.com

Amy Federman
(305) 500-4989
afederman@Ryder.com