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RYDER SYSTEM, INC.

(R)
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Ryder System : Honors Mexican Trucking Companies for Excellence in Service During 11th Annual Recognition Event

10/18/2021 | 06:56am EST

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, presented its Service Excellence Awards to top-performing carriers at its eleventh annual Mexican Carrier Recognition event. For the first time in the company’s 25-year history in Mexico, the September 21 event was held virtually to honor twenty Mexican trucking companies for their excellence in key performance areas of safety and security, on-time performance, customer service, and continuous improvement for the last full calendar year.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211018005189/en/

For the first time in Ryder’s 25-year history in Mexico, the Service Excellence Awards was held virtually to honor twenty Mexican trucking companies for their excellence in key performance areas of safety and security, on-time performance, customer service, and continuous improvement for the last full calendar year. (Photo: Business Wire)

For the first time in Ryder’s 25-year history in Mexico, the Service Excellence Awards was held virtually to honor twenty Mexican trucking companies for their excellence in key performance areas of safety and security, on-time performance, customer service, and continuous improvement for the last full calendar year. (Photo: Business Wire)

“After a year full of challenges, this edition of our Mexican Carrier Recognition event is extremely special to Ryder as our carriers displayed new ways to adapt and innovate services for the evolving needs of our customers,” says Gene Sevilla, vice president of Ryder International Supply Chain Solutions. “The support we receive from our Mexican carriers has a direct impact on our ability to deliver on the promises to our customers in Mexico, the United States, and Canada.”

Ryder works with a wide range of carrier companies in Mexico. For the 2019/2020 period, 214 companies were evaluated of which twenty were honored. The following are Ryder Service Excellence Awards honorees:

Development Category:

  • ETELVINA SANCHEZ LUNA
  • IMT AUTOTRANSPORTES SA DE CV
  • JLM LOGISTICA SA DE CV

Strategic Collaboration Category:

  • SERVICIO DE TRANSPORTE INTERNACIONAL Y LOCAL SA DE CV
  • TRANSPORTES MONROY SCHIAVON SA DE CV
  • AUTO EXPRESS ORIENTE SA DE CV

Category A:

  • RAPIDOS SABINAS SA DE CV
  • VICTOR MANUEL SEQUEYRO RICO
  • CARLOS CUAUHTEMOC GARCIA SUAREZ

Category AA:

  • JUAN CARLOS CUEVAS BENITEZ
  • DLR AUTOTRANSPORTES SA DE CV
  • AUTOTRANSPORTES DE CARGA TRESGUERRAS SA DE CV
  • MX CARRIERS SA DE CV
  • KRAD LOGISTICS DE MEXICO SA DE CV
  • TRAFICO TRANSPORTACIONES SA DE CV

Category AAA:

  • TRANSPORTES LOGISTICOS DE CARGA SA DE CV
  • PROMOTORA NORTE PACIFICO SA DE CV
  • FLETES MEXICO CHIHUAHUA SA DE CV
  • EXPRESS TRES FRONTERAS SA DE CV

Category AAA+:

  • AKNA TRANSPORTES S DE RL DE CV
  • TRANSPORTES MONROY SCHIAVON SA DE CV
  • AUTO EXPRESS ORIENTE SA DE CV

Top Honoree: Ever BetterTM

  • EXPRESS TRES FRONTERAS SA DE CV

“Ryder’s operations in Mexico have become fundamental to the growth of our Supply Chain Solutions business, and that success wouldn’t be possible without a reliable and high quality group of Mexican carrier companies,” adds Steve Sensing, president of Ryder’s global Supply Chain Solutions business. “Our Mexican carrier partners are responsible for some of the most complex elements of our supply chain solutions, making our annual celebration of the top Mexican carriers even more impactful as it allows us to recognize them for going above and beyond to ensure that goods are moved in a safe, timely, and efficient manner.”

Ryder provides comprehensive logistics and supply chain management solutions to companies with operations in the U.S., Canada, Mexico, and the United Kingdom. For more than 25 years, Ryder implements strategic operations in Mexico where the company contracts with more than 150 Mexican carriers. The company handles nearly 28,000 cross-border freight movements between the U.S., Canada, and Mexico per month. The company, founded in 1933, operates behind the scenes, managing critical transportation and logistics functions for more than 50,000 customers, many of which make the products that consumers use every day. Ryder employs nearly 40,000 and manages a fleet of nearly 235,000 commercial vehicles.

About Ryder

Ryder System, Inc. is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages nearly 235,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 64 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

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.

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ę Business Wire 2021
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Financials (USD)
Sales 2021 9 544 M - -
Net income 2021 468 M - -
Net Debt 2021 5 387 M - -
P/E ratio 2021 9,11x
Yield 2021 2,87%
Capitalization 4 276 M 4 276 M -
EV / Sales 2021 1,01x
EV / Sales 2022 0,99x
Nbr of Employees 39 000
Free-Float 99,3%
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Number of Analysts 9
Last Close Price 79,64 $
Average target price 93,57 $
Spread / Average Target 17,5%
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Managers and Directors
Robert E. Sanchez Chairman & Chief Executive Officer
John J. Diez Chief Financial Officer & Executive Vice President
Rajeev Ravindran Chief Information Officer & Senior Vice President
Norman Brouillette VP, General Manager-Technology & Healthcare
Kendra Phillips Chief Technology Officer
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