MIAMI–(BUSINESS WIRE)– Ryder System, Inc.(NYSE: R), a leader in supply chain, warehousing, and transportation management solutions, today announced it has received the 2012 Excellence in Service Logistics Award fromCisco.
This prestigious award recognizes Ryder for exceeding Cisco’s customer expectations for on-time service parts delivery, Service Supply Chain innovation, and collaboration within the Cisco Service ecosystem. The distinction was awarded during Cisco’s 21st Annual Supplier Appreciation Event at the Santa Clara Convention Center.
“Ryder has shown remarkable collaboration and consistently maintained the highest levels in delivery performance. Their focus on innovation and process improvement resulted in solid cost savings, operational efficiencies and productivity gains,” said Dillard Myers, Vice President, Global Service Supply Chain, Technical Services, Global Supplier Management,Cisco. “In addition, their Green Challenge Team initiative developed a ‘Footprint Calculator’ that drove a substantial reduction in energy consumption, which supports our vision of a sustainable future. We are pleased to honor Ryder with the Excellence in Service Logistics Award.”
Ciscopresented awards to suppliers in recognition of their contributions to Cisco’s success in fiscal year 2012. At the eventCiscocelebrated the shared successes of its global value chain with strategic suppliers and manufacturing partners and reaffirmed its commitment to a strong, continued partnership that will further accelerate innovation.
“We are honored to receive this recognition for the second consecutive year from Cisco,” saidJohn Williford, President of Global Supply Chain Solutions for Ryder. “We’ve drawn on years of operating in key industry groups, such as the hi-tech sector, to execute with precision and excellence. We believe bringing this combination of expertise and best-in-class operational execution, along with product and service innovation, is what truly helps our customers achieve peak supply chain performance.”
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 recognized Ryder as a top third party logistics provider and green supply chain partner. Ryder has also been ranked two years in a row as one of the top 250 U.S. companies in the Newsweek Green Rankings. In addition, Security Magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com and follow us on Facebook, YouTube, 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.
Source:Ryder System, Inc.