MIAMI, Nov. 6 /PRNewswire-FirstCall/ -- Ryder System, Inc. , a global leader in transportation and supply chain management solutions, today announced it has been recognized by Security Magazine in the first ever ranking of top security operations at business, government, transportation, healthcare and educational enterprises -- the Security 500. Ryder, representing the trucking and truck leasing industry, ranked at #263.
"The Security 500 recognizes the top security operations, and our goal is to establish a benchmark of the value of security operations," said Security Magazine Publisher Mark McCourt. "Ryder is a global brand of high quality with a longstanding commitment to security and safety. This honor recognizes their commitment and helps set a precedent in the trucking industry."
As part of this research project, Security Magazine and Quandt Analytics used available public and private resources and interviews to identify the most intense industries and organizations facing significant risk and requiring aggressive risk mitigation strategies. According to the magazine, assets, people, reputation and regulation were the four core elements being secured. The risk factor was evaluated on value, environment, compliance/regulatory issues, geographic size, appeal and other intrinsic measures, which elevate risk.
"Ryder is honored to be recognized by Security Magazine for the dedication and efforts of our employees to ensure best security practices throughout our operations," said Bill Anderson, Director of Global Security for Ryder. "We commend Security Magazine for taking the initiative to develop this seminal report that helps to highlight the need for improved focus on security operations in all industries."
About Security Magazine
Security Magazine is a leading publication examining security threats, solutions and developments for security professionals.
About Ryder
Ryder is a Fortune 500 company providing leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. For more information about Ryder System, Inc., visit http://www.ryder.com/.
Note Regarding Forward-Looking Statements: Certain statements and information included in this press release are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties inherent in our business that could cause actual results and events to differ materially from those in the forward-looking statements. Important factors that could cause such differences include, among others, our ability to obtain adequate profit margins for our services, our inability to maintain current pricing levels due to customer acceptance or competition, customer retention levels, unexpected volume declines, loss of key customers in the Supply Chain Solutions (SCS) business segment, our failure to successfully implement new sales growth initiatives in our FMS business segment, unexpected reserves or write-offs due to the deterioration of the credit worthiness or bankruptcy of certain customers in our SCS business segment, changes in financial, tax or regulatory requirements or changes in customers' business environments that will limit their ability to commit to long-term vehicle leases, changes in market conditions affecting the commercial rental market or the sale of used vehicles, the effect of severe weather events, labor strikes or work stoppages affecting our or our customers' business operations, adequacy of accounting estimates and accruals particularly with respect to pension, taxes and revenue, changes in general economic conditions, sudden changes in fuel prices, availability of qualified drivers, our ability to manage our cost structure, new accounting pronouncements, rules, or interpretations, changes in government regulations including regulations regarding vehicle emissions and the risks described in our filings with the Securities and Exchange Commission. The risks included here are not exhaustive. New risks emerge from time to time and 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.
