SOURCE: Ryder System, Inc.

August 12, 2008 17:05 ET

Ryder Named Top Third-Party Logistics Provider by Inbound Logistics for Second Consecutive Year

Ryder Honored Among Top Five for Eleventh Consecutive Year

MIAMI, FL--(Marketwire - August 12, 2008) - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it has been named the Number-One third-party logistics (3PL) provider in the annual Inbound Logistics Top 10 3PL Excellence Awards. This is the second consecutive year Ryder wins the top spot by this leading publication and the eleventh consecutive year Ryder is recognized as a top-five 3PL.

"Companies of all sizes rely on world-class logistics performance to stay competitive in today's global economy," said Felecia Stratton, Editor of Inbound Logistics. "Ryder provides the flexible, innovative supply chain solutions that companies large and small demand. Ryder is responsive to customer needs, and offers strategic solutions designed to drive business process improvement and change. Inbound Logistics editors are proud to recognize Ryder as a recipient of the 2008 Top 10 3PL Excellence Awards."

This year's Top 10 3PL Excellence Awards were based on faxed, mailed, and emailed ballots received by Inbound Logistics from December 2007 to June 2008. Readers ranging from transportation managers and CEOs to small retailers and Fortune 10 companies nominated more than 325 companies and cast 5,100 votes (some were disqualified). Nearly half the votes were directed toward 20 front-running 3PLs.

"Ryder is honored to be chosen as the top 3PL for 2008, and we are grateful to Inbound Logistics for this recognition," said John Williford, President of Global Supply Chain Solutions for Ryder. "This honor is a reflection not only of the quality and experience of our staff, but also of the Company's commitment to continuous improvement. One of our core principles is to push continually to find solutions that add value for our customers. This focus on value has been a key determining factor in helping us remain at the top."

                            About Inbound Logistics

Inbound Logistics is the pioneering publication of demand-driven logistics practices, also known as supply chain management. IL's educational mission is to help businesses efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning their supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com.

                                  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 371st on the FORTUNE 500® and 1,631st on the Forbes Global 2000. For more information on Ryder System, Inc., visit 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.

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