SOURCE: Ryder System, Inc.

June 14, 2007 17:15 ET

Lear Corporation Names Ryder Hall of Fame Supplier

MIAMI, FL--(Marketwire - June 14, 2007) - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it was recognized as a Hall of Fame Supplier by leading automotive supplier Lear Corporation, for its superior performance in quality, service, technology and competitiveness in 2006.

"Best-in-class customer service and quality are hallmarks of Lear's culture and key measures of the success of any supplier," said Doug DelGrosso, President, and Chief Operating Officer of Lear Corporation. "The Hall of Fame Award recipients exemplify the best traits of successful suppliers that provide the highest possible quality and service to Lear, our customers and ultimately the end users -- automotive consumers. We congratulate Ryder for their dedication to excellence."

The Lear Hall of Fame Supplier Awards began in 1998 as a way to recognize the best-in-class suppliers to Lear's North American operation. Since the program's inception, 76 awards have been presented to Lear suppliers. Ryder provides Lear with a comprehensive supply chain solution that includes network optimization, best practices, and continuous improvement that has driven cost savings throughout Lear's North American supply chain since 2005.

Commenting on the award, Ryder President of U.S. Supply Chain Solutions Vicki O'Meara said, "Ryder is honored to receive this special distinction from Lear Corporation, a recognized leader in providing quality products to the automotive industry. We value our relationship with Lear and look forward to continuing to deliver continuous improvement and quality service for Lear and its customers."

                           About Lear Corporation
Lear Corporation is one of the world's largest suppliers of automotive seating systems, electronic products and electrical distribution systems. In 2006, Lear ranked #130 among the Fortune 500. Lear's world-class products are designed, engineered, and manufactured by a diverse team, of more than 90,000 employees at 236 facilities in 33 countries. Lear's headquarters are in Southfield, Michigan. Lear is traded on the New York Stock Exchange under the symbol LEA. Additional information on Lear is available at
                                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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