Ryder Named Chief within the 2021 Gartner ‘Magic Quadrant for 3rd-Birthday celebration Logistics, North The united states’ Document

Known for Proprietary Era, Ultimate-Mile Supply, and Move-Border Answers

MIAMI–(BUSINESS WIRE)–Ryder Machine, Inc. (NYSE: R), a pace-setter in supply chain, dedicated transportation, and fleet management answers, publicizes that it’s situated within the “Chief” class for the 2021 “Magic Quadrant for 3rd-Birthday celebration Logistics, North The united states” analysis document by way of Gartner, a number one data expertise analysis and advisory corporate. The document evaluates 19 third-party logistics (3PL) suppliers within the U.S., Canada, and Mexico in keeping with functions, methods, products and services, and customer-preferred working fashions. The Chief class comprises the ones situated easiest in Completeness of Imaginative and prescient and Talent to Execute.

“Now, greater than ever, shippers are turning to 3PLs as strategic partners with the pandemic having underscored simply how vital it’s for provide chains to be resilient within the face of disruption,” says Steve Sensing, president of provide chain answers for Ryder. “The secret’s to paintings with a 3PL dedicated to making an investment in and deploying best-in-breed applied sciences that paintings in combination to extend operational potency around the provide chain and create a aggressive benefit for purchasers, in the long run bettering the end-consumer revel in. During the last 15 months, we’ve got labored tirelessly to lend a hand shoppers ramp up their last-mile delivery answers to stay tempo with skyrocketing e-commerce calls for, whilst additionally offering cross-border solutions to lend a hand shoppers acquire higher keep an eye on over their stock and velocity their merchandise to marketplace.”

Consistent with Gartner, “One main differentiating capacity for this Magic Quadrant is the 3PL’s skill to reveal agility, adaptability, and resilience right through the COVID-19 pandemic. As with every main disruptive match, visitor wishes was somewhat fluid, and responding temporarily to these abruptly converting wishes is a key vital issue. Suppliers that effectively demonstrated agility, adaptability and resiliency in the course of the disaster had been in a position to supply higher fortify to their shoppers. That fortify used to be instrumental in serving to shoppers ship at the strategic imperatives in their group. Distributors that had been in a position to spot key logistics developments and reveal concise, planned and efficient motion taken based on the ones developments scored upper within the Completeness of Imaginative and prescient and Talent to Execute.”

The Gartner Magic Quadrant description states, “Leaders price effectively at the extremely weighted standards for each Talent to Execute and Completeness of Imaginative and prescient. Those sturdy acting and full-service 3PLs be offering a broader portfolio of logistics purposes and most often value-added products and services that span the end-to-end provide chain and feature particular {industry} diversifications that consumers can leverage. They perceive North American logistics marketplace drivers, regional nuances and visitor wishes, and translate that working out into carrier choices which are in the neighborhood are compatible for objective and supported by way of leading technologies. Leaders have well-structured methods and industry fashions that fortify the continuing enlargement in their regional functions and repair protection. Shoppers agree with and depend on Leaders to lend a hand them succeed in best logistics efficiency inside the U.S., Canada, and Mexico.”

This is why Ryder continues to make strategic investments in expertise and repair throughout its industry as a way to supply aggressive benefits and power industry results for its shoppers. As well as, the corporate introduced RyderVentures, a company challenge capital fund, created to spend money on start-up corporations tackling disruptions pushed by way of accelerating call for for e-commerce achievement, asset sharing, next-generation vehicles, automation, and knowledge analytics, amongst others. Ryder’s objective is to spot previous within the procedure the ones leading edge applied sciences that deal with visitor ache issues after which paintings along the start-ups growing them to hurry answers to marketplace.

Ryder has been a Chief within the “Magic Quadrant for 3rd-Birthday celebration Logistics, North The united states” since 2017.

Gartner, ‘Magic Quadrant for 3rd-Birthday celebration Logistics, North The united states’, Farrah Salim, David Gonzalez, Susan Boylan, Brian Whitlock, Chris Kina, Might 17, 2021

Gartner Disclaimer

Gartner does now not endorse any seller, services or products depicted in its analysis publications, and does now not advise expertise customers to make a choice best the ones distributors with the easiest rankings or different designation. Gartner analysis publications encompass the evaluations of Gartner’s analysis group and will have to now not be construed as statements of truth. Gartner disclaims all warranties, expressed or implied, with admire to this analysis, together with any warranties of merchantability or health for a specific objective.

About Ryder

Ryder Machine, Inc. (NYSE: R) is a number one logistics and transportation corporate. It supplies supply chain, dedicated transportation, and fleet management answers, together with complete carrier leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery products and services, to a couple international’s most-recognized manufacturers. Ryder supplies products and services right through the US, Mexico, Canada, and the UK. As well as, Ryder manages just about 235,000 industrial automobiles and operates greater than 300 warehouses encompassing roughly 64 million sq. ft. Ryder is incessantly identified for its industry-leading practices in third-party logistics, technology-driven inventions, industrial car upkeep, environmentally pleasant answers, company social accountability, world-class security and safety methods, army veteran recruitment tasks, and the hiring of a various staff. www.ryder.com

Notice Referring to Ahead-Having a look Statements: Positive statements and data incorporated on this information unencumber are “forward-looking statements” inside the that means of the Federal Personal Securities Litigation Reform Act of 1995. Those forward-looking statements are in keeping with our present plans and expectancies and are topic to dangers, uncertainties and assumptions. Accordingly, those forward-looking statements will have to be evaluated with attention given to the various dangers and uncertainties that would purpose precise effects and occasions to fluctuate materially from the ones within the forward-looking statements together with the ones dangers set forth in our periodic filings with the Securities and Trade Fee. New dangers emerge now and again. It’s not imaginable for control to are expecting all such chance components or to evaluate the affect of such dangers on our industry. Accordingly, we adopt no legal responsibility to publicly replace or revise any forward-looking statements, whether or not because of new data, long run occasions, or another way.

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Contacts

Anne Hendricks

(305) 500-4547

amhendricks@ryder.com

Amy Federman

(305) 500-4989

afederman@ryder.com