Fastmarkets Names Ryder Logistics/Transportation Provider of the Year

Ryder System was named the Logistics/Transportation Provider of the Year at the 11th Annual Global Awards for Steel Excellence by Fastmarkets. A panel of senior-level steel experts chose the winners from a pool of 90 finalists in 23 categories.

Ryder provides a guaranteed-capacity service offering, including customized trucks and specially trained drivers for the steel industry. According to Ryder, the company’s dedicated transportation solution maintains a 99% on-time delivery rate on average and has one of the lowest collision rates in the industry.

The judges also considered Ryder’s investment in new technology solutions such as its collaborative logistics platform RyderShareTM, which eliminates long-standing industry silos and integrates multiple transportation and warehouse management systems into a single platform.

“The steel and metals industry is looking for partners that can reliably make time-critical deliveries despite the complex routing and capacity constraints,” Steve Martin, senior vice president of dedicated transportation solutions for Ryder, said. “That’s why we invest in technologies that enable real-time visibility and collaboration along with business intelligence tools and analytics to inform future decision making. Add to that Ryder’s logistics professionals with the expertise to make meaningful change, and it’s been a game-changer for customers.”

In addition to innovation, judges also considered award finalists and winners based on evidence of significant advancements that result in cost savings, quality improvements, product performance and other key measures of excellence in the steel industry. Fastmarkets announced the 2020 award winners during a virtual ceremony on July 23, and recognized all finalists in the May issue of Metal Market Magazine.

Ryder System is a transportation and logistics company.

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