Ryder Earns Top 10 3PL Ranking in Inbound Logistics’ 2024 Readers’ Choice Awards

Ryder recognized for agility and innovation among elite logistics providers

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces its recognition as one of the Top 10 3PLs in the 2024 Readers’ Choice Excellence Awards by Inbound Logistics. This is the third consecutive year Ryder has been named a Top 10 3PL as voted by readers of Inbound Logistics.

Ryder recognized for agility and innovation among elite logistics providers. (Photo: Business Wire)

“In today's dynamic and complex supply chain landscape, businesses seek 3PL partners that can deliver exceptional results amidst unforeseen challenges and disruptions,” says Felecia Stratton, editor of Inbound Logistics. “Ryder has proven its ability to excel in this area.”

Over the past year, Ryder has continued to enhance its supply chain solutions by investing in customer-centric technologies, products, and services that emphasize agility and adaptability, to ensure customers are well-equipped to meet evolving supply chain and logistics challenges.

• Ryder acquired Cardinal Logistics, further strengthening its position as a leading customized dedicated contract carrier in North America. The acquisition added 200 operating locations, 2,900 power vehicles, and 3,400 professional drivers to Ryder’s network.

• The company also acquired Impact Fulfillment Services (IFS), adding contract packaging and manufacturing capabilities to its solutions portfolio.

• And, to support the growth in nearshoring activity, Ryder opened two multiclient logistics facilities at top U.S.-Mexico ports in El Paso and Laredo, Texas.

"Additionally, Ryder continues to make strategic investments in innovative technologies, such as RyderShare™ and Baton – a Ryder Technology Lab, to give our customers a competitive edge and keep their supply chains and transportation networks agile in today’s rapidly changing environment," says Steve Sensing, president of supply chain solutions and dedicated transportation for Ryder. "We are committed to helping our customers achieve their business goals and are honored to receive this esteemed industry recognition for our efforts."

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

About Inbound Logistics

Inbound Logistics, the demand-driven logistics magazine, is the leading multi-channel content provider targeted toward business logistics and supply chain managers. Inbound Logistics’ mission is to provide the information and solutions enabling companies of all sizes to become demand-driven enterprises by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply. More information 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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240827064082/en/

Anne Hendricks, amhendricks@ryder.com

Amy Federman, afederman@ryder.com

Source: Ryder System, Inc.