SOURCE: Ryder System, Inc.

Ryder System, Inc.

January 27, 2010 07:55 ET

Ryder Opens Mega Retail Used Vehicle Centre in Greater Toronto

Facility Offers Customers One of Ryder's Largest Locations for Used Truck Inventory and Selection in North America and Largest in Canada

TORONTO--(Marketwire - January 27, 2010) -  Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced the grand opening of its new mega retail used vehicle centre for the Greater Toronto Area (GTA) located in Oakville. The centre is conveniently located at 3422 Superior Court at Highway 403/QEW and Burloak Drive. 

"The Greater Toronto Area is an important and developing market for us," said Tony Tegnelia, Ryder's President of Global Fleet Management Solutions. "This is the second retail used vehicle location Ryder has built in Canada within the last year. This mega retail centre will be one of Ryder's largest used truck retail centres in North America and the largest one in Canada. We are honoured to provide businesses with quality used trucks to support their fleet needs, especially during these challenging economic times." 

The facility is located on more than four acres of land to showcase 300-plus vehicles, including panel vans, light- and heavy-duty straight trucks, and tractors. Each vehicle is Ryder Road Ready™ certified and comes with a 30-day warranty and complete vehicle maintenance history. 

"Ryder is committed to supporting the needs of our valued customers and accommodating the increasing demand for our quality Ryder Road Ready™ vehicles in this expanding market," said Gregg Nierenberg, Ryder's Group Director of Vehicle Sales. "Ryder has had business operations in Canada for more than 50 years and looks forward to continuing to provide transportation solutions and outstanding customer service to the Canadian marketplace well into the future." 

To view Ryder's complete used vehicle sales inventory at the Oakville retail centre, visit www.ryderusedtrucks.ca or www.ryder.com. Alternatively, you can call 1-800-USED-TRK or the retail centre directly at 905-469-8155. Hours of operation are Monday to Friday, 9:00 a.m. - 6:00 p.m., and Saturday, 9:00 a.m. - noon. 

About Ryder
Ryder provides leading-edge transportation, logistics and supply chain management solutions. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Ryder ranks 399th on the FORTUNE 500®. 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. 

NOTE TO EDITOR: Photo available upon request 

Contact Information