Cisco Recognizes Ryder with ‘Excellence in Service Logistics’ Award
MIAMI -- November 29, 2012
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 from Cisco.
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 21^st 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.”
Cisco presented awards to suppliers in recognition of their contributions to
Cisco’s success in fiscal year 2012. At the event Cisco celebrated 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,” said John 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.
Ryder System, Inc.
Cindy Haas, 305-500-4526
Marilu Del Toro, 305-500-3161
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