SOURCE: Ryder System, Inc.

October 20, 2008 17:10 ET

Ryder Appoints Steve Dean Senior Vice President of Sales and Marketing, Supply Chain Solutions

MIAMI, FL--(Marketwire - October 20, 2008) - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, announced the appointment of Steve Dean as Senior Vice President of Sales and Marketing, Supply Chain Solutions. In his new role, Mr. Dean will be responsible for all sales and marketing activities of Ryder's global supply chain business.

Mr. Dean joins Ryder following a 17-year career with Menlo Logistics, where he was most recently responsible for leading business development efforts for Menlo's Global Automotive Industry Group. Mr. Dean was Menlo's first business development manager and over the course of his career, was responsible for selling many of the company's most significant logistics clients in markets around the world and in various industry segments including retail, manufacturing, and consumer products.

"Steve's depth of industry knowledge, experience implementing global business development plans, and track record of delivering strong sales results make him an outstanding asset as we continue to grow our global supply chain solutions business," said John Williford, President of Global Supply Chain Solutions for Ryder.

                                  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 371st on the FORTUNE 500® and 1,631st 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, including, without limitation, statements concerning the terms and timing of the acquisition and statements concerning integration, customers and services. 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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