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2025-01-24
NEW YORK CITY, Dec. 13, 2024 (GLOBE NEWSWIRE) -- On Thursday, November 21, 2024, the Minority Business Development Agency (MBDA) celebrated the achievements of the historic Capital Readiness Program (CRP) at the NASDAQ Tower in Times Square. Deputy Under Secretary of Commerce for Minority Business Development Eric Morrissette joined Capital Readiness Program awardees as they uplift underserved entrepreneurs across the nation. “One of the greatest obstacles facing underserved entrepreneurs is access to capital, which is why the CRP is so essential. With this landmark program, MBDA is working to address the root problem of that issue by supporting businesses and communities that have been historically overlooked or left behind,” said Deputy Under Secretary Eric Morrissette . “The CRP has and will continue to open doors for entrepreneurs looking to start and scale their businesses.” Since its inception in 2023, CRP awardees, incubators, and accelerators have already served 6,326 entrepreneurs and helped raise $263 million in capital, form 2,636 new businesses, develop 1,726 business pitches, and host 2,486 networking events for diverse business owners and entrepreneurs across America. Awardees in attendance included The U.S. Black Chambers, Inc., U.S. Hispanic Chamber of Commerce, Ventures, the Community Development Venture Capital Alliance, the National Minority Supplier Development Council, the National Urban League, the National Asian/Pacific Islander Chamber of Commerce, and the Eastern Shore Entrepreneurship Center. “The Capital Readiness Program has empowered the United States Hispanic Chamber of Commerce to unlock critical capital opportunities, driving growth for businesses and reshaping regional economies,” said USHCC Educational Fund Senior Vice President Evelyn Barahona, one of the awardees present at NASDAQ . “Through the program, we've catalyzed expansion and new ventures for small business owners, strengthening not only the Hispanic community but the nation's economy. Looking ahead to 2025 and beyond, the USHCC is excited to collaborate with the MBDA and partners to further elevate the possibilities for businesses across the country.” These centers have unique expertise to assist, and train underserved entrepreneurs seeking resources, tools, and technical assistance to start or scale their businesses in high-growth industries such as healthcare, climate resilient technology, asset management, infrastructure, and more. For more information on active Minority Business Development Agency initiatives, visit www.mbda.gov . About the Minority Business Development Agency (MBDA) The U.S. Department of Commerce, Minority Business Development Agency is the only Federal agency dedicated to the growth and global competitiveness of U.S. minority business enterprises (MBEs). For more than 50 years, MBDA’s programs and services have better equipped MBEs to create jobs, build scale and capacity, increase revenues, and expand regionally, nationally, and internationally. ### Attachment Press Release with Photo50jili app for android



The Game Awards to Celebrate Arcane With Special PerformancesMIAMI--(BUSINESS WIRE)--Dec 16, 2024-- Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, today announces the appointment of John J. Diez to president and chief operating officer (COO), effective January 1, 2025. In this new role, Mr. Diez will continue to report to Ryder Chairman and Chief Executive Officer Robert E. Sanchez with responsibility for the general management of all business operations of Ryder’s three business segments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241216030723/en/ Ryder System, Inc. appoints John J. Diez to its top operations role as president and chief operating officer (COO), effective January 1, 2025. Succeeding Mr. Diez as Ryder’s Executive Vice President and Chief Financial Officer (CFO) is Cristina Gallo-Acquino. (Photo: Business Wire) In addition, Cristina Gallo-Aquino, most recently senior vice president, controller, and principal accounting officer since August 2020, has been promoted to succeed Mr. Diez as executive vice president and chief financial officer (CFO), effective January 1, 2025. In this role, Ms. Gallo-Aquino will oversee all of Ryder’s financial management functions, including finance and accounting, treasury, tax, audit, investor relations, and continue to serve as principal accounting officer. “At Ryder, we have a commitment to talent development at all levels in our organization. This includes providing leadership opportunities in positions that broaden our team’s capabilities through rotational assignments, as well as providing roles of increasing responsibility that contribute to the long-term progress and stability of our company,” says Mr. Sanchez. “These appointments are an example of that commitment. Both executives bring a powerful combination of industry knowledge to their new roles, complemented by a deep understanding of Ryder’s overall business operations and how our business units collaborate.” During his 22-year tenure at Ryder, Mr. Diez has held a variety of senior business and financial management roles with increasing responsibility. Prior to his current role serving as the company’s executive vice president and chief financial officer since May 2021, he was president of Ryder’s FMS business, leading all areas of global fleet operations, as well as president of the company’s DTS business unit where he led strong revenue growth and improved business returns. Ms. Gallo-Aquino joined Ryder in 2004 and has extensive financial and accounting experience. Prior to her current role, she served as vice president and chief financial officer for the company’s FMS business unit and vice president and corporate controller. NOTE: Headshots of Mr. Diez and Ms. Gallo-Aquino are available in the Ryder Newsroom and via BusinessWire. 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 manufacturing and packaging , e-commerce fulfillment , last-mile delivery , managed transportation , professional drivers , freight brokerage , nearshoring solutions, full-service leasing , maintenance , commercial truck rental , and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at 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; corporate responsibility; environmental management; safety, health and security programs; military veteran recruitment initiatives; and the hiring of a diverse workforce. 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-org View source version on businesswire.com : https://www.businesswire.com/news/home/20241216030723/en/ CONTACT: Media Contact: Amy Federman,afederman@ryder.comInvestor Relations Contact: Calene Candela,ccandela@ryder.com KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER TRANSPORT TRUCKING AUTOMOTIVE TRANSPORT DELIVERY SERVICES LOGISTICS/SUPPLY CHAIN MANAGEMENT RETAIL SUPPLY CHAIN MANAGEMENT FLEET MANAGEMENT SOURCE: Ryder System, Inc. Copyright Business Wire 2024. PUB: 12/16/2024 04:35 PM/DISC: 12/16/2024 04:36 PM http://www.businesswire.com/news/home/20241216030723/en

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