SOURCE: Ryder System, Inc.

March 05, 2008 08:15 ET

Ryder Honored for Logistics Leadership in China

MIAMI, FL--(Marketwire - March 5, 2008) - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it was honored with the "Golden Service Enterprise Award" for outstanding performance and leadership in logistics by Wuhan International Logistics Committee in China. The award was presented to Ryder during the China International Logistics Fair in Wuhan.

"Ryder has shown strong performance providing quality logistics solutions in China, with special leadership in supply chain integration management and serving the automotive industry," said Xiao Gongqiao of Wuhan International Logistics Committee. "We look forward to continuing to collaborate with Ryder to develop best practices and improve efficiency and customer service through logistics."

The Wuhan International Logistics Fair is a major logistics and supply chain management conference held annually in China by China Modern Logistics News, the trade publication of the China Federation of Logistics and Procurement, which is the exclusive Central Government-level logistics association in China. The event provides an open platform for Chinese and foreign companies to present their technologies and services to effectively collaborate and innovate in logistics, procurement and supply chain management.

"Wuhan is represented by a diverse blend of industries and is a strategic, central hub for logistics in China," said Chris Woodward, Vice President and Managing Director of China for Ryder. "Ryder is honored to be a part of Wuhan's tradition as a city of modern industry and to continue making positive contributions to China's logistics industry."

                               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 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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