SOURCE: Ryder System, Inc.

November 29, 2007 08:15 ET

Ryder Recognized for Diversity by Hispanic Business Magazine

MIAMI, FL--(Marketwire - November 29, 2007) - Hispanic Business magazine has named Ryder System, Inc. (NYSE: R) one of the "Diversity Elite 60" in its annual survey of corporate diversity. Ryder is the only transportation rental and leasing company listed in the publication's 2007 survey.

"We are recognizing Ryder for going beyond workforce diversity initiatives and implementing strategies to reach more Hispanic consumers and increase their business with minority- and Hispanic-owned suppliers," said Hispanic Business magazine editor and publisher Jesús Chavarría.

The 2007 Hispanic Business "Diversity Elite 60" was determined by more than 30 variables that measure companies' commitments to Hispanic hiring, promotion, marketing, philanthropy, and supplier diversity. To compile the list, the publication contacted the top Fortune 1,000 companies, American subsidiaries of Global 500 companies, and large U.S. public and private companies. The final directory lists the top 60 companies, based on a weighted processing of company data conducted by HispanTelligence®, the research arm of Hispanic Business Inc.

"Ryder's diverse workforce continues to play a central role in contributing to the Company's success and helping Ryder reach its full potential through world-class employees," said Ryder Chairman and CEO Greg Swienton. "It is an honor to be recognized by Hispanic Business magazine for our continuous efforts and leadership in promoting a diverse workforce."

                           About Hispanic Business Inc.

For 29 years, Hispanic Business Inc. has been the premier source for the latest research, trends, and reporting on the growth of the U.S.-Hispanic consumer market and the Hispanic enterprise and professional sectors.

Hispanic Business Media's cutting-edge properties provide innovative branding opportunities and results-driven marketing to bring you directly to the market that matters.

For more information about Hispanic Business Inc., please 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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