SOURCE: Ryder System, Inc.

September 04, 2007 17:15 ET

Italy's Merloni TermoSanitari Selects Ryder to Manage Supply Chain Operations in China

Ryder to Manage Distribution, Warehousing and Outbound Transportation to More Than 200 Customer Locations Throughout China

MIAMI, FL--(Marketwire - September 4, 2007) - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced that Merloni TermoSanitari, a leading Italian manufacturer of residential and commercial heating and water heating systems and services, has selected Ryder to manage its supply chain operations in China.

"We selected Ryder because of their proven ability to design and manage solutions for complex supply chains," said James Zhang, Director, Logistics & Supply Chain for Merloni TermoSanitari (China) Co. Ltd. "We are confident that collaborating with Ryder will help us operate more efficiently and improve customer service as we continue to grow our operations in China."

Under the multi-year contract, Ryder will consolidate and optimize Merloni TermoSanitari's network from 18 distribution centers to one centralized and more than ten regional distribution centers. Through a turn-key solution that includes Ryder vehicles, Ryder will manage all warehousing and distribution functions including the network of third-party logistics (3PL) providers that supports outbound transportation from the distribution centers to more than 200 Merloni customer locations throughout China. A sophisticated Ryder warehouse management system (WMS) will help optimize inventory levels, improve order accuracy and deliver visibility throughout Merloni's supply chain.

"Merloni TermoSanitari is a market leader in China and their focus on quality and innovation continues to be a key success factor to their growth. We are grateful for the opportunity to be of service, and look forward to driving value throughout their supply chain," said Chris Woodward, Vice President and Managing Director of China for Ryder.

                    About Merloni TermoSanitari
Merloni TermoSanitari is a leading international company focused on manufacturing and delivering a complete range of commercial and residential heating and water heating systems and services. Ariston, a global brand introduced in 1986, is the market leader in China in residential water heating. The second brand, Elco, which specializes in advanced technologies -- renewable sources of energy, solar energy, energy saving -- has become a leading turnkey supplier of B2B solutions in heating and air conditioning. In 2006, the Company's production in China reached 1.5 million pieces, up 30% from the previous year. For information about Merloni TermoSanitari, visit http://www.mtsgroup.com/ENG/.
                          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 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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