Ryder Receives Verizon’s Provider Environmental Excellence Award for Revolutionary Inexperienced Initiatives in Provide Chain

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MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a pacesetter in provide chain, devoted transportation, and fleet administration options, declares that it’s a recipient of Verizon’s 2022 Provider Environmental Excellence Award for revolutionary inexperienced initiatives which are enabling the communication know-how firm to satisfy its provide chain sustainability targets.

“Ryder is an distinctive collaborator in serving to us meet our enterprise necessities with the excellent progress of the scrap obsolescence recycling applications at our Alburtis, Pennsylvania distribution heart,” says James J. Gowen, chief sustainability officer and SVP of worldwide provide chain for Verizon.

Particularly designed for gear restoration and redistribution, Ryder helped Verizon develop the LEED Gold-certified Alburtis facility. There, the businesses work collectively to divert out of date gear from landfills by way of refurbishment and recycling applications, offering clients with like-new gear whereas considerably decreasing waste. Moreover, the 1.2 million square-foot facility mixed a number of Verizon areas into one, successfully decreasing vitality consumption. And, the centralized location, mixed with Ryder’s best-in-class know-how and experience in route engineering, considerably reduces miles pushed.

In figuring out this 12 months’s honorees, Verizon additionally regarded on the revolutionary inexperienced initiatives that Ryder pursues independently.

“As a pacesetter in transportation and logistics, we now have the distinctive alternative to scale back environmental impacts for our clients’ operations and likewise for our personal operations,” says Steve Sensing, president of worldwide provide chain options for Ryder. “We try this by specializing in re-using and recycling most automotive wastes in our upkeep outlets, collaborating with producers of superior automobile know-how together with electrical automobiles and charging infrastructure, and using LEAN rules in our warehouses. We’re all the time in search of new methods to drive waste out of provide chains.”

Ryder has obtained awards and recognition from clients, {industry} associations, and regulatory businesses, such because the U.S. Environmental Safety Company SmartWay Excessive Achiever Award (2020) and the SmartWay Excellence Award (2013-2014, 2017, 2021).

For extra about Ryder’s sustainability initiatives, see the corporate’s Company Sustainability Report.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a number one logistics and transportation firm. It supplies provide chain, devoted transportation, and fleet administration options, together with full service leasing, rental, and upkeep, used automobile gross sales, skilled drivers, transportation companies, freight brokerage, warehousing and distribution, e-commerce success, and final mile supply companies, to a few of the world’s most-recognized manufacturers. Ryder supplies companies all through the USA, Mexico, Canada, and the UK. As well as, Ryder manages practically 239,000 business automobiles and operates greater than 330 warehouses, encompassing greater than 80 million sq. toes. Ryder is repeatedly acknowledged for its industry-leading practices in third-party logistics, technology-driven improvements, business automobile upkeep, environmentally pleasant options, company social duty, world-class security and safety applications, navy veteran recruitment initiatives, and the hiring of a various workforce. www.ryder.com

Notice Relating to Ahead-Trying Statements: Sure statements and data included on this information launch are “forward-looking statements” throughout the that means of the Federal Non-public Securities Litigation Reform Act of 1995. These forward-looking statements, together with expectations concerning decreasing environmental impacts on any operations, are based mostly on our present plans and expectations and are topic to dangers, uncertainties and assumptions. Accordingly, these forward-looking statements needs to be evaluated with consideration given to the various dangers and uncertainties that might trigger precise outcomes and occasions to vary materially from these within the forward-looking statements together with these dangers set forth in our periodic filings with the Securities and Trade Fee. New dangers emerge on occasion. It isn’t attainable for administration to foretell all such danger elements or to evaluate the affect of such dangers on our enterprise. Accordingly, we undertake no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new data, future occasions, or in any other case.

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