SOURCE: Ryder System, Inc.

July 10, 2008 18:15 ET

Ryder Declares Quarterly Cash Dividend

Company Pays Dividend for 128th Consecutive Quarter

MIAMI, FL--(Marketwire - July 10, 2008) - The Board of Directors of Ryder System, Inc. (NYSE: R), a global leader in transportation and supply chain management solutions, today declared a regular quarterly cash dividend of $0.23 per share of common stock, to be paid on September 12, 2008, to shareholders of record on August 18, 2008. This is Ryder's 128th consecutive quarterly cash dividend -- marking 32 years of dividend payments.

                                 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. 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.

Contact Information

  • Contacts:

    Media:
    David Bruce
    (305) 500-4999

    Investor Relations:
    Bob Brunn
    (305) 500-4053