Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, ranks as a top third-party logistics (3PL) provider within the retail industry, for the second consecutive year, in the annual Multichannel Merchant Top 3PL Provider list. Curated by the magazines editors, the list is a sought-after resource by omni-channel, e-commerce, and direct-to-customer merchants looking to optimize their retail supply chains, especially in todays now economy.
In order to keep up with growing consumer expectations for faster, more frequent deliveries, which are increasing demands on e-commerce and omni-channel fulfillment, Ryder is expanding its integrated e-fulfillment solutions network, said Tom Kretschmer, Ryder Vice President and General Manager for Retail & Consumer Brands. Were focused on capabilities that support rapid fulfillment, allowing retailers to reduce delivery time, prepare for popular product orders, and improve inventory product availability.
Ryder invests in technology that delivers real-time, end-to-end visibility and tracking tools, as well as advanced automation, resulting in a fully optimized supply chain and greater speed to market.
Ryders innovative, technology-driven last-mile solution delivers big-and-bulky products with white-glove installation services to more than 95% of the U.S. and Canada within two days. Leveraging its network of carriers, dedicated fleet, and nationwide delivery hubs “ as well as cutting-edge technologies that deliver end-to-end real-time visibility, order tracking, and self-service scheduling through the RyderView mobile app “ Ryder Last Mile delivers greater speed to market and an elevated end-consumer experience. With 136 facilities across North America, it is one of the largest last-mile providers in the U.S. and Canada.
RyderShareTM is a cloud-based platform that provides order-location visibility, tracking, exception alerts, and collaborative communications between all stakeholders in a supply chain. The desktop and mobile app-based solution gives customers actionable analytics with dashboard and diagnostics for on-time performance, load validation, and customized reports.
To maximize productivity and cost savings, as well as improve efficiencies and inventory control, Ryder deploys robotics, smart sensors, wearable technologies, and drones at select locations as part of its smart warehouse solutions. The advanced automation technologies deliver customized, flexible and instantly scalable operations, with 100 percent real-time visibility and a customer-centric experience.
3PLs have been growing in importance as e-commerce sales continue to skyrocket and more merchants look to outsource critical operations and fulfillment functions, said Mike OBrien, Senior Content Manager of Multichannel Merchant. The issue has become even more acute with the ongoing lack of available warehouse space. A trusted 3PL partner can free you up to focus on other aspects of growing and managing your business.
As an industry-leading innovator in integrated logistics, Ryders Supply Chain Solutions take a differentiated approach based on 85 years of deep industry knowledge and the combined experience of more than 250 supply chain engineers. Ryder serves globally-recognized brands in the automotive, consumer goods, food and beverage, healthcare, industrial, oil and gas, technology, and retail industries.
Multichannel Merchant Top 3PL Providers Listing is featured online at www.multichannelmerchant.com.
About Ryder Supply Chain Solutions
Ryder Supply Chain Solutions optimizes logistics networks to make them more responsive and able to be leveraged as a competitive advantage. Globally-recognized brands in the automotive, consumer goods, food and beverage, healthcare, industrial, oil and gas, technology, and retail industries rely on Ryders leading technologies and world-class logistics engineers to help them deliver the goods that consumers use every day.
Operating 319 facilities with 50 million square feet of warehouse space, Ryder offers flexible solutions as well as end-to-end visibility “ no matter how challenging or diverse the storage and distribution needs may be. Ryder currently provides comprehensive logistics and supply chain management solutions to companies with operations in the U.S., Canada and Mexico, and also contracts with more than 3,100 carriers in all modes of transportation in the markets it serves.
The Company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, representing many of the worlds best-known brands. Ryder employs 36,100 people and manages a fleet of 253,800 commercial vehicles.
Ryder is a FORTUNE 500 commercial fleet management, dedicated transportation, and supply chain solutions company. Ryders stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400 index. Ryder has been named among FORTUNEs Worlds Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. Inbound Logistics magazine has included Ryder in its Green Partners listing for 10 years in a row. Ryder was also recognized by the U.S. Environmental Protection Agency (EPA) with a 2014 SmartWay Affiliate Challenge award and SmartWay Excellence Awards in 2017, 2014, and 2013. Ryder is a charter member of the NGV Fleet Forum and a member of the Department of Energys National Clean Fleets partnership. Ryder is also a recipient of the 2011 NGV Achievement Award. A member of the American Red Cross Disaster Responder Program, Ryder is proud to support national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, and YouTube.
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.