SOURCE: Ryder System, Inc.

Ryder System, Inc.

June 22, 2009 16:30 ET

Milo's Tea Company Selects Ryder for Delivery Operations

Ryder Will Provide Dedicated Contract Carriage Services to Support the Delivery of Milo's Tea Products

MIAMI, FL--(Marketwire - June 22, 2009) - Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced it has been awarded a Dedicated Contract Carriage (DCC) contract with Milo's Tea Company, Inc., a leading manufacturer of ready to drink, refrigerated tea products in the southeast region.   

"Ryder provided us with an efficient transportation design and competitive pricing that will allow us to enhance our delivery capabilities and quality service to our customers," said Jay Evers, Vice President and Chief Operating Officer for Milo's Tea Company.  "We have confidence in Ryder's transportation and logistics expertise and we look forward to a mutually beneficial relationship."  

Under the multi-year contract, Ryder will provide dedicated delivery services of Milo's Tea products from its distribution center in Bessemer, Alabama, to retail stores throughout the state.  Ryder's DCC service is a customized suite of transportation management services that includes vehicles, drivers, fleet management, and preventive and programmed fleet maintenance to optimize the delivery of a customer's product, allowing their management to be more focused on core business issues. 

"We look forward to implementing best practices and processes throughout Milo's Tea Company transportation operations to support their industry-leading manufacturing and distribution operations," said John Sonia, Ryder's Vice President of Operations for Dedicated Contract Carriage. 

About Milo's Tea Company

Located in Bessemer, Alabama, Milo's Tea was first developed in 1946 when Milo Carlton opened his first Milo's Hamburger Shop in Birmingham, Alabama. Due to the high demand for their sweet tea, Milo's Tea Company began distributing its ready to drink tea to grocery retailers in 1989.  The Company sold the restaurant franchise division in 2002 to focus on its tea business. For over sixty years, Milo's Tea Company has perfected the process of making the best freshly brewed tea available.  Milo's Tea is sold in convenience stores and grocery stores across Alabama, Mississippi, Tennessee, Florida panhandle, Georgia, Louisiana, South Carolina and parts of Virginia, Arkansas, Missouri and Kentucky.  Read more about the company and its famous tea at www.milostea.com.

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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