Latest news with #Abt
Business Wire
20-05-2025
- Automotive
- Business Wire
Ryder Wins the Last Mile with 99.97% Damage-Free Delivery Rate for Abt Appliance Delivery
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) is the 2024 "Carrier of the Year" for Abt Electronics. Presented during Abt's annual awards ceremony at its headquarters in Glenview, Illinois, the award recognizes Ryder Last Mile for delivering, through its qualified carrier network, more than 6,400 appliance shipments last year, with an impressive 99.97% damage-free delivery rate and 99.3% completion rate. Abt also selected Ryder for 100% alignment on core values, which put customers above all else. 'Ryder's responsiveness, reliability, and hands-on approach to problem-solving have made them a trusted resource in ensuring that we can service our customers..." Share 'Ryder's responsiveness, reliability, and hands-on approach to problem-solving have made them a trusted resource in ensuring that we can service our customers outside of our home base of Chicagoland with the same care that our own drivers have been delivering since 1936,' says Gary Quinton, logistics manager at Abt. 'This award celebrates that relationship and our many satisfied Abt customers.' With RyderView TM technology, Abt customers can self-schedule and reschedule their last-mile deliveries at their convenience and easily track their orders in real-time – capabilities that, according to a recent study, 50% of all consumers now prioritize. And, for city dwellers, the importance placed on self-scheduling grows to 70%. 'When Abt turned to Ryder to help grow its e-commerce business, we leaned in to what we know about ever-evolving consumer expectations. They increasingly crave options and flexibility with deliveries, value reliability, and expect real-time visibility into their orders. RyderView gives them that,' says Joel Eigege, vice president of Ryder Last Mile for big-and-bulky goods. 'We also know that satisfaction with online order delivery significantly influences whether consumers will purchase from brands again. That's why companies like Abt rely on Ryder's operational expertise and advanced technology solutions, so they can keep their promises to their customers.' The Ryder Last Mile network services 100% of ZIP codes across the U.S., offering warehousing and tiered-delivery options, including white-glove service, and integrated returns management. And, as part of Ryder's fully integrated, port-to-door logistics capabilities, Ryder's last mile and e-commerce solutions offer omnichannel fulfillment with two-day delivery across the entire U.S. and one-day delivery across the majority of the U.S., through a network of more than 150 sites strategically located throughout the country. To learn more about Abt's "Carrier of the Year" award, click here. 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. 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
CBS News
04-04-2025
- Business
- CBS News
Chicago area retailers, consumers concerned about effects of President Trump's sweeping tariffs
President Trump's sweeping new tariffs have launched a historic global trade war and rattled the markets — with Wall Street having suffered its worst one-day drop Thursday since the start of the COVID-19 pandemic five years ago. The economic uncertainty also has some consumers and stores spooked, as it is not yet known how much more consumers will pay for nearly everything they buy. Stepping into the Abt store in north suburban Glenview, one can find just about any electronic or appliance. Shoppers are always out looking for details. On Thursday, Kevin Course and his son were searching for appliances for their Mount Prospect home renovation. "I think it's going to have an impact on how everyone renovates their home, and I think it might stop a bunch of people from renovating their home and/or construction in general," Course said. Yet with the talk of tariffs as high as 34%, some consumers are left wondering what it means for them. "It's going to suck," said Course. However, not everyone was worried about it. "It's just a bargaining tool right now, so I'm not too worried about any of the tariffs," said Russ Loken. "I'm kind of glad it's happening." Whether consumers believe the tariffs are tactic or not, stores like Abt, which have a majority of their appliances coming from overseas, are now prepared — because they know if the tariffs last for too long sale, prices will eventually go up. "It's going to trickle-down. We're going to feel it. Our customers are going to feel it," said Shirley Hood of Abt. "But right now, we're not worried about it." The locally owned electronics store said the moment the president started talking about tariffs in January, they took a huge step. "When we heard what he was planning on doing, we started ordering extra from our suppliers we doubled our orders," said Hood. This means currently, Abt has enough supplies in stock to hold them for some time. But the problem is once that stock is depleted, customers at Abt will see the tariffs' impact on prices. "If you are thinking about redoing your kitchen or replacing something, do it now," said Hood. "Your best price is going to come now, because once these tariffs kick in — once we are not able to do anything about the price increase — those prices will be transferred to the customer as well."
Chicago Tribune
11-02-2025
- Business
- Chicago Tribune
Transparent, $60,000 TV is one of five in nation, Glenview retailer says
Technology continually pushes boundaries, but LG Electronics has produced something clearly different, and there's only one in the country on display, according to an electronics and lifestyle store in Glenview. Abt Electronics is the first, said Marketing Manager Lyndsey Ager, to display the 77-inch see-through device from LG, which they're billing as the 'world's first transparent 4K TV with true wireless video and audio transfer.' It's not a prototype, Ager said, and it's for sale — for $60,000, or about 10 times the price of other high-end OLED televisions the store sells. As to why there's a need for a transparent television, Mark Sasicki, Abt general manager, said, 'The whole idea is to have the TV disappear into the room when it's not on. There has always been a demand for an unobstructed view.' That demand might become more important for people whose homes face a lake or skyline, where a transparent television wouldn't block the view like an ordinary television would, according to a video Abt made for the product. The television looks like a glass box, and while it's on display at Abt, it's programmed to show screensavers, including brightly colored flowers. Sasicki said the swimming fish are his favorite, since the television looks slightly like an aquarium anyway. The technology uses an electronic box which functions as a wireless transmitter that sends audio and video to the television, according to an Abt informational video. It must be positioned within 30 feet of the television, although Sasicki said that in the store, it's positioned behind the television. For serious television watching, a black screen can be lowered to cover the device's back wall and make it opaque. As with all technology, Sasicki expects the price for transparent televisions will come down eventually. He said Abt has fielded serious inquiries about purchasing the television, but any early adopter who puts money down for it will still have to wait five weeks for delivery.
