StockNews.AI
R
StockNews.AI
19 hrs

Toyota Names Ryder Supplier-of-the-Year

1. Ryder awarded 'Supplier of the Year' by Toyota for operational excellence. 2. Recognition based on safety, quality, and cost savings at Ryder's facility. 3. Ryder supports over-the-road and cross-border transportation for Toyota in North America. 4. Relationship with Toyota spans nearly four decades emphasizing collaboration. 5. Ryder executes over 320,000 cross-border freight movements annually.

17m saved
Insight
Article

FAQ

Why Bullish?

Winning the award strongly positions Ryder as a leader in logistics, likely boosting investor confidence. Companies recognized for excellence tend to see positive stock performance historically, such as increased demand and contracts.

How important is it?

This news solidifies Ryder's relationship with a major client, potentially leading to long-term revenue growth. The recognition may also result in increased business opportunities.

Why Short Term?

The immediate recognition can drive short-term investor interest and influence stock price positively. Awards often correlate with temporary spikes in stock activity as investor sentiment shifts.

Related Companies

  • Ryder awarded "Cross Dock Supplier of the Year" by Toyota North America for second year in a row
  • Recognized for safety, quality, productivity, cost savings, and continuous improvement at Ryder cross dock in San Luis Potosi, Mexico
  • Ryder supports Toyota's North American manufacturing locations with over-the-road transportation in U.S. and cross-border transportation between U.S., Mexico, and Canada

Ryder System, Inc. (NYSE:R) is Toyota North America's "Cross Dock Supplier of the Year." During Toyota's 2025 Annual Supplier Conference in Plano, Texas, Toyota honored Ryder for the second consecutive year for operational excellence at Ryder's cross dock in San Luis Potosi, Mexico.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250904763356/en/

Toyota North America honored Ryder with the

Toyota North America honored Ryder with the "Cross Dock Supplier of the Year" award for operational excellence at Ryder's cross dock in San Luis Potosi, Mexico, during Toyota's 2025 Annual Supplier Conference in Plano, Texas. Pictured left to right: Jason Stone, Toyota General Manager of Logistics; Andria Anderson, Toyota General Manager of Purchasing; Frank Bateman, Ryder Vice President of Supply Chain Solutions; Victor Vazquez, Ryder Manager of Operations; Karina Amposta, Ryder Sr. Director of Operations; Matthew Stich, Toyota Vice President of Purchasing; Steve Brown, Toyota Vice President of Logistics.

Toyota selected Ryder based on a combination of key indicators for safety, quality, productivity, and cost savings. Another critical component is Ryder's commitment to Toyota's management philosophy, which is focused on continuous improvement and respect for people.

"Our relationship spans nearly four decades, and over that time, we've truly become one team," says Frank Bateman, vice president of automotive supply chain solutions for Ryder. "We're aligned in our values—especially when it comes to driving continuous improvement and fostering a culture of respect and excellence. By investing in our people and prioritizing collaboration, we keep service levels high and Toyota's supply chain efficient and resilient. This recognition reflects our shared commitment."

Over the years, Ryder has won multiple awards for meeting Toyota's highest standards for innovation, quality, delivery, performance, cost savings, value improvement, strategic management, quality engineering and safety leadership.

Ryder supports Toyota manufacturing locations across North America with over-the-road transportation in the U.S. and cross-border transportation between the U.S., Mexico, and Canada; border-crossing administration; free trade zone consolidation; Mexico cross docking; plant yard management and shunting; and in-plant third-party logistics and engineering.

Ryder makes more than 320,000 cross-border freight movements annually between the U.S., Canada, and Mexico for customers. And, for more than 56 years, Ryder has served the automotive industry, implementing the first large-scale just-in-time supply delivery system in North America.

About Ryder System, Inc.

Ryder System, Inc. (NYSE:R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, contract packaging and manufacturing, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, cross-border solutions, full-service fleet leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world's most-recognized brands. Ryder provides services to businesses across more than 20 industries throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at approximately 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; environmental management; safety, health and security programs; and recruitment and hiring initiatives. 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.

ryder-ar

For Information Contact:

Anne Hendricks, amhendricks@ryder.com

Related News