Ryder Receives Verizon’s Supplier Environmental Excellence Award for Innovative Green Initiatives in Supply Chain

MIAMI–(Organization WIRE)–Jul 12, 2022–

Ryder Program, Inc. (NYSE: R), a leader in supply chain, committed transportation, and fleet management solutions, announces that it is a receiver of Verizon’s 2022 Provider Environmental Excellence Award for progressive green initiatives that are enabling the communication engineering corporation to fulfill its source chain sustainability aims.

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Ryder receives Verizon’s 2022 Supplier Environmental Excellence Award for impressive inexperienced initiatives that enable minimize environmental impacts for its customers and its own functions. (Image: Organization Wire)

“Ryder is an outstanding collaborator in serving to us fulfill our small business prerequisites with the excellent development of the scrap obsolescence recycling applications at our Alburtis, Pennsylvania distribution center,” states James J. Gowen, chief sustainability officer and SVP of world offer chain for Verizon.

Specially made for products restoration and redistribution, Ryder assisted Verizon produce the LEED Gold-certified Alburtis facility. There, the businesses get the job done together to divert out of date gear from landfills by refurbishment and recycling courses, offering prospects with like-new gear whilst drastically cutting down waste. Also, the 1.2 million sq.-foot facility mixed several Verizon destinations into 1, properly minimizing energy usage. And, the centralized place, merged with Ryder’s ideal-in-class technology and know-how in route engineering, drastically cuts down miles pushed.

In deciding this year’s honorees, Verizon also looked at the progressive eco-friendly initiatives that Ryder pursues independently.

“As a chief in transportation and logistics, we have the one of a kind opportunity to minimize environmental impacts for our customers’ functions and also for our very own operations,” states Steve Sensing, president of global source chain alternatives for Ryder. “We do that by focusing on re-applying and recycling most automotive wastes in our routine maintenance stores, collaborating with makers of advanced car technological know-how such as electric powered automobiles and charging infrastructure, and using LEAN concepts in our warehouses. We are normally wanting for new means to travel squander out of offer chains.”

Ryder has obtained awards and recognition from shoppers, sector associations, and regulatory agencies, such as the U.S. Environmental Protection Agency SmartWay High Achiever Award (2020) and the SmartWay Excellence Award (2013-2014, 2017, 2021).

For additional about Ryder’s sustainability initiatives, see the company’s Company Sustainability Report.

About Ryder System, Inc.

Ryder Method, Inc. (NYSE: R) is a main logistics and transportation enterprise. It presents supply chain, dedicated transportation, and fleet management remedies, which include full service leasing, rental, and upkeep, made use of automobile profits, skilled drivers, transportation providers, freight brokerage, warehousing and distribution, e-commerce achievement, and last mile shipping and delivery solutions, to some of the world’s most-regarded models. Ryder gives providers throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages approximately 239,000 professional motor vehicles and operates far more than 330 warehouses, encompassing extra than 80 million square ft. Ryder is frequently acknowledged for its business-major techniques in third-celebration logistics, engineering-pushed improvements, business car or truck routine maintenance, environmentally welcoming remedies, corporate social obligation, planet-course safety and protection packages, armed service veteran recruitment initiatives, and the hiring of a numerous workforce. www.ryder.com

Observe Concerning Forward-Seeking Statements: Specified statements and information and facts incorporated in this news launch are “ahead-searching statements” inside of the meaning of the Federal Non-public Securities Litigation Reform Act of 1995. These forward-wanting statements, together with expectations concerning lessening environmental impacts on any functions, are based on our present-day designs and expectations and are topic to pitfalls, uncertainties and assumptions. Accordingly, these forward-searching statements must be evaluated with thing to consider specified to the several threats and uncertainties that could lead to real success and functions to differ materially from people in the ahead-wanting statements such as these challenges established forth in our periodic filings with the Securities and Exchange Fee. New pitfalls arise from time to time. It is not feasible for administration to forecast all such hazard aspects or to evaluate the effects of these threats on our organization. Accordingly, we undertake no obligation to publicly update or revise any forward-hunting statements, regardless of whether as a end result of new info, long run events, or if not.

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Get in touch with: Anne Hendricks

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Keyword: UNITED STATES NORTH The usa FLORIDA

Market Key phrase: Weather Modify Source CHAIN Administration AUTOMOTIVE TRUCKING Transport Green Know-how RETAIL LOGISTICS/Offer CHAIN Management Surroundings FLEET Management SUSTAINABILITY

Source: Ryder Program, Inc.

PUB: 07/12/2022 06:55 AM/DISC: 07/12/2022 06:56 AM

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