SOURCE: Ryder System, Inc.

Ryder System, Inc.

June 15, 2009 07:55 ET

Mazda Renews and Expands Logistics Contract With Ryder

MIAMI, FL--(Marketwire - June 15, 2009) - Ryder System, Inc. (NYSE: R), a leader in supply chain, warehousing and transportation management solutions, today announced that Mazda North American Operations (MNAO) is extending and expanding its contract with Ryder for the distribution management of auto parts throughout its Mexico network of dealers.  Under the expansion, Ryder will manage cross-border transportation of Mazda parts into Mexico and distribution to all Mazda dealers in Mexico.  The extended contract will run through October 2011. 

 "Ryder's team has consistently demonstrated its ability to drive process improvements throughout our operations, both in the U.S. and Mexico," said Bobbie Rooney, Manager of Transportation and Logistics for Mazda.  "The decision to continue and expand our relationship with Ryder in Mexico is based on their ability to provide the services with speed and reliability at the lowest cost." 

Ryder has provided distribution services to Mazda in the U.S. since 1991 and in Mexico since 2005.  Over the years, as Mazda's dealer network in Mexico has grown, delivery frequencies and the need for dedicated routes have increased.  Under the new contract, Ryder will handle distribution of parts from Mazda's Distribution Center in Olive Branch, Miss., to Ryder's crossdock in Monterrey, Mexico, and then through to delivery at all of Mazda's dealers in Mexico. 

 "Our goal is to simplify Mazda's parts operations and improve our responsiveness in serving their trade partners and consumers," said Jorge Salas, Director of Cross-Border and Automotive Operations for Ryder.  "We are honored to know Mazda feels we have been successfully serving their needs."

Ryder's Cross-Border Management Services provide a seamless, end-to-end solution to manage material flows between the U.S. and Mexico.  Through the company's technology, highly trained logistics professionals, and proven processes, Ryder's U.S./Mexico Logistics Network Solution provides complete supply chain visibility and responsive service levels for customers at a competitive price.

About Mazda North American Operations

Headquartered in Irvine, Calif., Mazda North American Operations oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States, Canada, Mexico and Puerto Rico through more than 850 dealers.  Operations in Canada are managed by Mazda Canada Inc., located in Ontario, Canada, and in Mexico by Mazda Motor de Mexico in Mexico City.

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 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.

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