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Section 172(1) statement
The Directors are aware of and understand their duties under Section 172 of the Companies Act 2006 and that engaging with our diverse stakeholder base is key to successfully managing the Company.
Below we share the groups identified as our key stakeholders and how we engage with each.
Our People
Our people consisted of highly skilled, experienced and dedicated people across the UK. They have included the industry’s brightest engineers, safest drivers and the most experienced maintenance technicians, who have all been part of the passionate team at Ryder who were dedicated to solving the toughest transportation challenges.
Every Ryder employee was expected to adhere to the Ryder Principles of Business Conduct. As part of the publicly traded Ryder System Inc. Group, our Principles of Business Conduct are especially important at Ryder because our entire business model is built on trust. We operated behind the scenes, as trusted partners, managing critical functions for many of the largest and most well-respected companies in the world. As a subsidiary of a publicly traded company with thousands of shareholders, including our own employees, we were counted on to operate ethically and protect their investments. And, because we facilitated commerce through globally connected supply chains, we had a special industry leadership role in the areas of safety and security. In each of our roles continually earned trust. That is why it was essential that we held ourselves to consistently high standards in all that we did. This approach was maintained throughout the business wind-down.
A full copy of these Principles of Business Conduct can be found on our website at: europe.ryder.com/about-us/principles-of-business-conduct
Engagement with our people previously included regular management briefings cascaded to all employees, where feedback was strongly encouraged.
During the current and prior years, regular communication with all employees was paramount during the ongoing changes caused by multiple projects to wind down the business and transfer large parts of the business as going concerns to competitors. The aforementioned management briefings continued to be a platform for the Directors to communicate and coordinate ongoing changes to adopted strategies for keeping employees, customers and suppliers safe, and minimising personal interactions with Covid-19 remaining an endemic risk to all.
Customers and Business Partners
The majority of Ryder’s customer contracts were long-term full-service leases. Therefore, it had always been of special importance that the Company make the correct up-front investment decisions when assessing customer contracts in terms of our ability to deliver the required services and their effects on the long-term profitability of the Company.
We have wanted to ensure that, for our customers, running their business is their first and only priority. To do so, there is a need to free up time that is lost to the complexities of running a fleet. When it comes to choosing a fleet partner, we wanted to be sure that our customers were not just sourcing vehicles, but ultimately adding value to their businesses, with a flexible but comprehensive solution that was unique to each individual customer, delivering the best value, optimal uptime and compliance. Throughout the business wind-down we have assisted many of our customers in transferring their fleets to reliable alternative service providers.
Engagement with our customers and business partners included regular communication in general and specific terms regarding the effect of the business wind down on our services and operations.
Strategic Suppliers
The quality of the products and services we delivered to our customers and business partners was heavily influenced by the careful management of our supplier relationships. In order to meet the customer focussed objectives referred to above, it was necessary that we forge strong long-term partnerships within our own supply-chain in order to create a competitive advantage for Ryder through the purchase of products and services in a fair, transparent and equitable manner. In particular, FleetCare dealers signed up to the Ryder Repair & Maintenance SLA which detailed work practices, KPIs and commercial rates.
Throughout the period of the business wind-down, the Company engaged with key suppliers and competitors to make business transfers as seamless as possible, providing short-term transitional support in certain key areas.
The Community and the Environment
The safety of the general public on the roads, was always of paramount importance to the Company. Ryder’s vehicle maintenance standards were maintained at consistently high levels thereby minimising the risk of incident. This also enabled vehicles to be run at maximum possible efficiency in an effort to minimise the related emissions. Ryder consistently strove to look to reduce the environmental effects of its customer leased vehicles, including the availability of roof-mounted solar powered mats being installed on trailers.
Shareholder and Debt Funders
While the Company operated in a geographically and economically separate environment to its ultimate parent, Ryder System Inc., our role as a wholly owned subsidiary has been to deliver on the strategic goals of the US parent group, including the orderly wind down of operations following their decision to exit the UK business.
Ryder Limited is a wholly owned subsidiary of Ryder System Inc. group, the Directors are seen to act fairly between members of the company, as there is only one shareholder.
All funding, be it equity investment by Ryder System Inc. group, or debt funding, from within the parent group, or direct from banks, is coordinated by the Treasury Department of Ryder System Inc., within which one of the Directors is primarily employed as Group Director, Treasury.
Engagement with our shareholder and debt funders takes the form of:
Please click on the link below to view a PDF of our tax strategy for the year ending 31st December 2023.
Welcome to Ryder’s Principles of Business Conduct. These Principles are in place to ensure that we conduct our business fairly, honestly, and ethically – everywhere we do business, every day. We’re fortunate to work for a company that’s earned a reputation over four decades for having the best people in the industry, delivering on our promises, and getting results the right way. It’s our responsibility to protect this reputation so we are able to continue to grow and succeed.
Our Principles are especially important at Ryder because our entire business model is built on trust. We operate behind the scenes, as trusted partners, managing critical functions for many of the largest and most well respected companies in the world. As a publicly traded company with thousands of shareholders, including our own employees, we’re counted on to operate ethically and protect their investments. And, because we facilitate commerce through globally connected supply chains, we have a special industry leadership role in the areas of safety and security. In each of our roles we must continually earn trust. That’s why it’s essential that we hold ourselves to consistently high standards in all that we do.
Our Principles form the playbook that keeps us on the right track so we can maintain the trust we’ve worked so hard to earn. To make it easy for you to apply the guidelines in your daily work, we’ve organised the Principles according to Ryder’s four Leadership Competencies: Character, Judgement, Relationships, and Results. When you demonstrate the behaviours that live up to our competencies, and follow the Principles outlined in this document, you’re contributing to Ryder’s reputation as a trusted, ethical, and responsible enterprise. Maintaining this reputation has many benefits. But most of all, it makes us proud to say we work at Ryder.
Last updated: 8th May 2018
RYDER LIMITED
CUSTOMER PRIVACY NOTICE/POLICY
INTRODUCTION
Ryder Limited ("Ryder") ("we") respects the privacy of all individuals with whom we deal and/or whose data is provided to us in the course of our business.
Due to cessation of UK operations, Ryder Limited no longer collects personal data in the course of business.
This privacy notice/policy applies to customers who are individuals, and also to the employees, contractors, service providers, agents and other workers of our customers whether those customers are corporate businesses or individual customers. We will refer to this information in this privacy notice as "your personal data". We are committed to protecting your personal data. This privacy notice will inform you as to how we look after your personal data whenever that information is provided to us. This includes when you, or your business, request information from us, contact us (or we contact you), it is proposed you or they become a customer of ours, we provide vehicles and/or other goods and services to you/your business, you use our website(s), connect with us via social media, link to or from our website(s), or any other engagement we have with you (regardless of where you are based). It also tells you about your privacy rights and how the law protects you.
This policy should be read in conjunction with our terms of business/contract with you, our website terms of use, and our cookie policy.
This privacy notice is provided in a tabbed format so you can click through to the specific areas set out below.
PURPOSE OF THIS PRIVACY NOTICE
This privacy notice aims to give you information on how we collect and process your personal data in our dealings with you, including in providing goods and services to you, and including any data you may provide through our website.
It is important that you read this privacy notice together with any other privacy notice or fair processing notice we may provide on specific occasions when we are collecting or processing personal data about you so that you are fully aware of how and why we are using your data. This privacy notice supplements the other notices and is not intended to override them.
CONTROLLER
Ryder Limited ("Ryder") is the controller of your personal data and responsible for our website. It is part of the Ryder System Group.
Ryder has appointed a Data Protection Co-Ordinator (DPC) who is responsible for overseeing questions in relation to this privacy notice. If you have any questions about this privacy notice, including any requests to exercise your legal rights, please contact the DPC using the details set out below.
CONTACT DETAILS
Our full details are:
Full name of legal entity: Ryder Limited
Title: The Data Protection Co-Ordinator
Postal address: Ryder Ltd, 2610 The Crescent, Birmingham Business Park, Solihull Parkway, Birmingham, B37 7YE
You have the right to make a complaint at any time to the Information Commissioner's Office (ICO), the UK supervisory authority for data protection issues (www.ico.org.uk). We would, however, appreciate the chance to deal with your concerns before you approach the ICO so please contact us in the first instance.
CHANGES TO THE PRIVACY NOTICE AND YOUR DUTY TO INFORM US OF CHANGES
This privacy notice was last updated on 02/05/2018. We reserve the right to update this privacy notice at any time. We will post any amendments on our website, and will provide you with an updated privacy notice when we make any substantial changes.
It is important that the personal data we hold about you is accurate and current. Please keep us informed if your personal data changes during your relationship with us.
THIRD-PARTY LINKS
Our website may include links to third-party websites, plug ins and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements. When you leave our website, we encourage you to read the privacy notice of every website you visit.
Personal data, or personal information, means any information about an individual from which that person can be identified. It does not include data where the identity has been removed (anonymous data).
We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:
We also collect, use and share Aggregated Data such as statistical or demographic data for any purpose. Aggregated Data may be derived from your personal data but is not considered personal data in law as this data does not directly or indirectly reveal your identity. For example, we may aggregate your Usage Data to calculate the percentage of users accessing a specific website feature. However, if we combine or connect Aggregated Data with your personal data so that it can directly or indirectly identify you, we treat the combined data as personal data which will be used in accordance with this privacy notice.
Special Category Data and Criminal Data. We may also collect, store and use the following "special categories" of more sensitive personal data, namely health and medical information, where necessary, to process insurance claims and for regulatory or legal investigations.
We may also obtain information about criminal convictions and offences (e.g. obtained in the course of credit-referencing or fraud prevention checks).
We may also obtain information about County Court or High Court judgments, though these are not considered "special category" data.
IF YOU FAIL TO PROVIDE PERSONAL DATA
Where we need to collect personal data by law, or under the terms of a contract we have with you and you fail to provide that data when requested, we may not be able to perform the contract we have or are trying to enter into with you (for example, to provide you with goods or services). In this case, we may have to cancel a contract you have with us but we will notify you if this is the case at the time.
We use different methods to collect data from and about you including through:
Direct interactions. You may give us your Identity, Contact, Financial Data and Mandatory Data by filling in forms or by corresponding with us by post, phone, email, via our website, apps or on social media, or otherwise. This includes personal data you provide when you or your business:
Automated technologies or interactions. As you interact with our website, we may automatically collect Technical Data about your equipment, browsing actions and patterns. We collect this personal data by using cookies, server logs and other similar technologies. Please see our cookie policy for further details. Third parties and publicly available sources. We may receive personal data about you from various third parties and public sources.
We will only use your personal data when the law allows us to. Most commonly, we will use your personal data in the following circumstances:
Ordinary personal data
"Special category" data
Generally we do not rely on consent as a legal basis for processing your personal data. Where we do so, we will clearly request, obtain and evidence your consent.
You have the right to withdraw consent at any time by Contacting us.
PURPOSES FOR WHICH WE WILL USE YOUR PERSONAL DATA
We have set out below, in a table format, a description of the ways we plan to use your personal data, and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are where appropriate.
Note that we may process your personal data for more than one lawful ground depending on the specific purpose for which we are using your data.
Purpose/Activity |
Type of Data |
Lawful basis for processing including basis of legitimate interest |
To respond to an enquiry from you. |
(a) Identify (b) Contact |
Necessary to take steps at your request prior to entering into a contract with you. Necessary for our legitimate interests in operating our business. |
To undertake anti money-laundering, credit-referencing and anti-fraud checks in connection with applications to become a customer and in the course of conducting our business with you |
(a) Identity (b) Contact (c)Financial (d)Transaction (e) Mandatory |
Necessary to take steps at your request prior to entering into a contract with you. Necessary for our legitimate interests in protecting our business from insolvent customers and fraud. Necessary for reasons of substantial public interest (preventing fraud). Necessary to comply with a legal obligation. |
To provide goods and/or services to you, and to collect and recover money owned to us |
(a) Identity (b) Contact (c) Financial (d)Transaction |
Performance of a contract with you Necessary for our legitimate interests (to operate our business and recover debts due to us). |
To manage our business and relationship with you which will include: (a) Day to day management activities (b) Business management and planning, including accounting and auditing (c) Notifying you about changes to our terms or privacy policy (d) Providing and reviewing responses to our customer satisfaction questionnaire (e) administering knowledge centre membership and download records |
(a) Identity (b) Contact (c) Profile (d) Marketing and Communications (e) Usage (f) Monitoring (call recording) |
Performance of a contract with you Necessary to comply with a legal obligation Necessary for our legitimate interests (to keep our records updated and to understand customer satisfaction with our services) |
To facilitate the provision of asset funding in connection with our products/services |
(a) Identity (b) Contact (c) Mandatory |
Necessary for our legitimate interests and those of the asset funders with whom we work - to enable mandatory checks to be made before a funding decision can be made |
To deter and prevent crime and to facilitate the detection of offenders |
(a) Monitoring (CCTV) |
Necessary for reasons of substantial public interest (deterrence and detection of crime) |
To administer and protect our business including our website (including troubleshooting, data analysis, testing, system maintenance, support, reporting and hosting of data) |
(a) Identity (b) Contact (c) Technical |
Necessary for our legitimate interests (for running our business, provision of administration and IT services, network security, to prevent fraud, and in the context of a business reorganisation or group restructuring exercise) Necessary to comply with a legal obligation |
To deliver relevant website content to you [and measure or understand the effectiveness/usability of our website |
(a) Identity (b) Contact (c) Profile (d) Usage (e) Technical |
Necessary for our legitimate interests (to study how customers use our services, to develop them, to grow our business and to inform our marketing strategy) |
To use data analytics to improve our website, services, marketing and customer relationships |
(a) Technical (b) Usage |
Necessary for our legitimate interests (to define types of customers for our services, to keep our website updated and relevant, to develop our business and to inform our marketing strategy) |
To deal with issues, complaints or disputes arising out of our relationship with you/your business, and to prevent or detect crime, including fraud |
(a) Identity (b) Financial (c) Technical (d) Profile (e) Usage |
To establish, exercise or defend legal claims |
When we refer to legitimate interests we mean the interest of our business in conducting and managing our business to enable us to give you the best service/product. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your personal data for our legitimate interests. We do not use your personal data for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law).
Automated Decision-Making
Automated decision-making takes place when an electronic system uses personal information to make a decision without human intervention.
We do not undertake automated decision making using your personal dataMARKETING
We strive to provide you with choices regarding our use of certain personal data for marketing purposes.
Where you have agreed to receive it, we may use your Identity, Contact, Technical, Usage and Profile Data to form a view on what other products or services may be of interest to you.
We will only share your personal data for marketing purposes in accordance with your consent.
You can ask us to stop sending you marketing messages at any time by Contacting us at any time onUKmarketing@ryder.com.
COOKIES
You can set your browser to refuse all or some browser cookies, or to alert you when websites set or access cookies. If you disable or refuse cookies, please note that some parts of this website may become inaccessible or not function properly. For more information about the cookies we use, please see Privacy Policy.
CHANGE OF PURPOSE
We will only use your personal data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose.
If we need to use your personal data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.
Please note that we may process your personal data without your knowledge or consent where this is required or permitted by law.
We may have to share your personal data with the categories of parties set out below for the purposes set out in the table in paragraph 4 above.
Where these third parties are our processors, we require them to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party processors to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions. Some of the third parties mentioned above, for example many professional advisers and HM Revenue and Customs, are controllers who, like us, are subject to specific obligations under data protection law, and who will have their own privacy notices setting out how they deal with personal data. Asset funding providers will be controllers. We usually only provide contact details to asset funders. Where the funder requires us to comply with money-laundering requirements on their behalf, we make the requisite enquiries and confirm we have done so, but do not provide results of our enquiries.
As described in paragraph 5 above, we may share your personal data within the Ryder Group including Ryder System, Inc.
Though we do not seek actively to transfer personal data outside the European Economic Area ("EEA"), some of the external third parties we deal with are based outside the EEA or process personal data outside the EEA, so their processing of your personal data will involve a transfer of data outside the EEA.
We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know. Processors we appoint will only process your personal data on our instructions and they are subject to a duty of confidentiality.
We have put in place procedures to deal with any suspected personal data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
HOW LONG WILL YOU USE MY PERSONAL DATA FOR?
We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.
To determine the appropriate retention period for personal data, we consider the amount, nature, and sensitivity of the personal data, the potential risk of harm from unauthorised use or disclosure of your personal data, the purposes for which we process your personal data and whether we can achieve those purposes through other means, and the applicable legal requirements.
By law we have to keep basic information about our customers (including Contact, Identity, Financial, Mandatory and Transaction Data) for seven years after they cease being customers for tax purposes.
In some circumstances you can ask us to delete your data: see Request erasure below for further information.
In some circumstances we may anonymise your personal data (so that it can no longer be associated with you) for research or statistical purposes in which case we may use this information indefinitely without further notice to you.
Under certain circumstances, you have rights under data protection laws in relation to your personal data.
If you wish to exercise any of the rights set out below, please Contact us.
You will not have to pay a fee to access your personal data (or to exercise any of the other rights). However, we may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we may refuse to comply with your request in these circumstances.
We may need to request specific information from you to help us confirm your identity and ensure your right to access your personal data (or to exercise any of your other rights). This is a security measure to ensure that personal data is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to enable us to deal with your request or to speed up our response.
We try to respond to all legitimate requests within one month. Occasionally it may take us longer than a month if your request is particularly complex or we have received a number of requests. In this case, we will notify you and keep you updated.
YOUR LEGAL RIGHTS
You have the right to:
To comply with legal requirements, all Contract Hire and Rental trucks, and the vehicles used to provide the Direct Delivery Service are fitted with tachographs, which record driver information including driver identifier (which may include driver name), details of driving periods and rest breaks taken.
In order to promote driver safety and that of other road users, and to provide assistance in establishing facts when an accident occurs, those vehicles are also fitted with telematics devices (Contract Hire at your request), which record various elements of information as to the manner of driving, and events such as hard braking and cornering and vehicle location. In relation to the operation of Contract Hire and Rental vehicles, our customer is the controller and, insofar as we and any contractors have access to any personal data, we are their processors.
It is the responsibility of our customers to ensure that they have complied in full with their obligations under data protection law in relation to the operation of these devices, including minimising the amount of data processed and provided to us, having a lawful justification for their use and providing privacy notices in relation to them.
We may monitor and/or record:
(a) telephone calls;
(b) transactions and activities at all points of contact including CCTV;
(c) web traffic and activities
These are to ensure that we carry out your instructions accurately, for training purposes and to improve our services, and to ensure security and prevent fraud. For the greater security of our customers and staff, and to prevent and detect crime, we use CCTV in and around our sites and other premises.
Company Name: Ryder Limited
Company Number: 01019474
Registered in England and Wales
Registered Office Address
c/o Mazars LLP
The Pinnacle
160 Midsummer Boulevard
Milton Keynes
MK9 1FF
VAT Number: GB222675765
All insurance claim correspondence / enquiries must be redirected to AIG UK Limited.
AIG UK Limited
2 – 8 Altyre Road
Croydon
CR9 2LG
Email: claimsuk@aig.com