SOURCE: Ryder System, Inc.

October 02, 2007 17:10 ET

Ryder Ranks 25th on InformationWeek 500 List

Ryder Ranks 25th Overall for Technological Innovation and 2nd in the Transportation and Logistics Industry Category

MIAMI, FL--(Marketwire - October 2, 2007) - Ryder System, Inc. (NYSE: R), a global leader in transportation and supply chain management solutions, today announced that it ranked 25th on the 2007 InformationWeek 500. The ranking was revealed recently at a gala awards ceremony, part of the exclusive InformationWeek 500 conference in Tucson, Arizona.

Ryder ranked 25th overall and 2nd among its peers in the transportation and logistics category. In 2006, Ryder was ranked 41st overall and 5th in its industry category.

"Ryder is pleased to be recognized by InformationWeek for the ninth consecutive year for our leadership and innovation providing technology solutions for the transportation and supply chain industries," said Dr. Kevin Bott, Senior Vice President and Chief Information Officer for Ryder. "I am proud of our IT team around the world. Their dedication and commitment to driving process improvements and value throughout our customers' supply chains has contributed to our ranking. We thank InformationWeek for this outstanding honor."

As part of the survey for the ranking, InformationWeek evaluated two Ryder technology initiatives that were innovative, delivered business value and improved productivity. The first was Ryder's use of telematics technology, RydeSmart, an onboard wireless communications system to improve vehicle uptime, driver efficiency, highway safety, cargo security, and real-time tracking of customer fleet operations. The second initiative was the creation of a new "purpose-built" delivery system for which Ryder designed and operated customized information technology systems to provide order visibility, transportation management, inventory management, order-to-cash delivery process, vehicle and facility security. Ryder also engineered the entire integration of this technology.

"We'd like to extend our sincere congratulations to all InformationWeek 500 honorees. These companies represent today's leading technology innovators, many of whom have joined us this week," said InformationWeek Vice President and Publisher, John Siefert. "This group has prompted fascinating discussion on some of the most forward-looking business technology initiatives to date."

For nearly 20 years, InformationWeek has identified and honored the nation's most innovative users of information technology with its annual listing. The list is unique among corporate rankings because it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders. Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.

                     About Ryder (www.ryder.com)

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.

             About InformationWeek (www.informationweek.com)

InformationWeek is the leading multimedia Business Technology brand -- online sites, magazine, events and research -- providing CIOs and IT decision makers with unique perspective and tools that work in lock step with their decision making process -- from the setting of business strategies to the evaluation and recommendation of technology solutions. Through its cross-media platform, InformationWeek provides editorial content developed by both journalists and CIO and IT peers delivered when and how they want it, 24/7. For Technology Marketers, InformationWeek offers a dynamic portfolio of products to engage and align with the largest, most influential buying audience in the market. This means marketing solutions that target broad audiences (reach), as well as media programs organized by content themes and specific audience segments (composition). The InformationWeek audience of 3 million buyers, includes CIOs, IT executives and business managers who cut across industries, job titles, company sizes and global borders.

                  About CMP Technology (www.cmp.com)

CMP Technology is a marketing solutions company serving the technology industry. Through its market-leading portfolio of trusted information brands, CMP has earned the confidence of more technology professionals than any other media company. As a result, CMP is the premier provider of access, insight and actionable programs designed to connect sellers and buyers in ways that yield superior return on investment. CMP Technology is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion.

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.

Contact Information

  • Press Contact for CMP:
    Ellen Asuncion
    Marketing Manager, InformationWeek
    949.223.3622
    Email Contact

    Press Contact for Ryder:
    Lisa Brumfield Hagen
    Director, Corporate Communications
    305.500.3668
    Email Contact