SOURCE: Ryder System, Inc.

June 06, 2007 17:15 ET

Club Car, Inc. Honors Ryder as a 2006 Supplier of the Year

MIAMI, FL--(Marketwire - June 6, 2007) - Ryder System, Inc. (NYSE: R), a global leader in transportation and supply chain management solutions, announced today it was honored by Club Car, Inc., a division of Ingersoll Rand, with its "Supplier Performance Excellence Award" for driving value and performance in fleet operations in 2006. Ryder was also recognized for improving safety and driving techniques, tire management, fuel purchasing, and supporting idle reduction initiatives.

"We are honoring Ryder as one of our top suppliers for their reliability and commitment to continuous improvement in our fleet operations," said Phil Gaffney, Vice President of Sourcing for Club Car, Inc. "Ryder continues to be integral to the growth and success of Club Car and Ingersoll Rand and a key factor in delivering our promises to our customers."

Since 1974, Ryder has supported Club Car's transportation operations with a full service lease solution. Ryder currently provides a combined fleet of more than 240 tractors, trailers and straight trucks to support the outbound transportation of products from Club Car's manufacturing facility in Augusta, Ga. to retail locations across the U.S. and in Canada. As part of this customized solution, Ryder helped design and develop specialized trailers with a moveable floor to stack golf cars allowing Club Car to optimize deliveries and drive efficiencies.

In addition to the more than 800 Ryder service facilities nationwide, Club Car relies on a nearby state-of-the-art Ryder maintenance facility and a mobile service truck dedicated to providing on-site maintenance services for Club Car's fleet resulting in greater up-time and operational safety. In 2006, the Club Car fleet traveled more than 10 million miles making 22,000 deliveries covering the 48 states and Canada. Club Car reached an on-time delivery rate of 99.3%, making it Ingersoll Rand's number one performer in the world for this metric.

Commenting on the award, Ryder President of U.S. Fleet Management Solutions Tony Tegnelia said, "Ryder is honored to be recognized by Club Car as a top supplier. Club Car is a recognized industry leader worldwide, delivering on their promise of quality, innovation and superior performance for more than 30 years. We look forward to continuing our longstanding partnership and reaching higher levels of safety and customer service."

Ryder's Full Service Lease and maintenance offering is a customized transportation solution that provides customers with vehicles and a variety of support services including emergency roadside assistance, preventive maintenance services, fueling, equipment evaluations and specification, fleet management reporting tools, administrative support, and driver safety programs.

                           About Club Car, Inc.
Based in Augusta, Ga., Club Car, Inc. manufactures golf, utility and transportation vehicles. Club Car is a division of Ingersoll Rand, a leading diversified industrial company providing products, services and integrated solutions to industries ranging from transportation and manufacturing to food retailing, construction, and agriculture. For more information about Club Car, visit

                               About Ryder
Ryder provides leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Ryder ranks 362nd on the Fortune 500 and 1,458th on the Forbes Global 2000. For more information on Ryder System, Inc., visit

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.

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