SOURCE: Ryder System, Inc.

Ryder System, Inc.

May 17, 2010 16:45 ET

Ryder Honored With Delphi's 2010 Above & Beyond Award

MIAMI, FL--(Marketwire - May 17, 2010) -  Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, received Delphi's 2010 Above & Beyond Award, one of the Pinnacle Family of Awards. The award, established in 2007 and presented annually, recognizes Delphi suppliers for special service events that went beyond contractual obligations during the 2009 calendar year.

Delphi Vice President of Global Supply Management Sidney Johnson said, "Congratulations to Ryder. Many of your valued employees who made this achievement possible are working diligently at your facilities. Please extend our congratulations to them for their dedication to excellence."

Throughout 2009, Ryder participated in cost-down and on-going continuous improvement projects at its Laredo and El Paso, Texas, crossdocks as part of its work with Delphi. Ryder provides crossdock services for Delphi material going to and from manufacturing plants in Mexico. Examples of initiatives included implementing audits for the Customs-Trade Partnership Against Terrorism (C-TPAT), reducing personnel charges, and developing a system to return and reuse freight packing materials. 

Ryder provides design and execution activities for Delphi's North American network in addition to its crossdock and transportation services for Delphi in the U.S. and Mexico. Only 10 suppliers from five countries were recognized by Delphi with the 2010 Above & Beyond Award.

"We are honored to receive this award from Delphi," said Tom Jones, Senior Vice President and General Manager, U.S. Supply Chain Solutions, for Ryder. "Delphi's management has a clear vision of what they want out of their network, and this has allowed us to work with them in the development of one of the most predictable and disciplined networks we manage. Because of their vision, every year we continue to focus on ways to improve the flow and cost associated with the management of their material flow."

About Delphi

Delphi is a leading global supplier of electronics and technologies for automotive, commercial vehicle and other market segments. Operating major technical centers, manufacturing sites and customer support facilities in 30 countries, Delphi delivers real-world innovations that make products smarter and safer as well as more powerful and efficient. Connect to innovation at www.delphi.com.

About Ryder

Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. Inbound Logistics magazine has recognized Ryder as the top third party logistics provider, and Security magazine has named Ryder the number-one company for security practices in the transportation, logistics, supply chain, and warehousing sector. 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.

NOTE TO EDITOR: Please see attached photo. (Left to right) Rodney O'Neal, Chief Executive Officer and President, Delphi; Tom Jones, Senior Vice President and General Manager, U.S. Supply Chain Solutions, Ryder, and Jorge Salas, Group Director, Supply Chain Solutions, Ryder; and Sidney Johnson, Vice President of Global Supply Management, Delphi. 

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