SOURCE: Ryder System, Inc.

June 25, 2008 17:15 ET

Ryder Honors Top Carriers of the Year

MIAMI, FL--(Marketwire - June 25, 2008) - Ryder System, Inc. (NYSE: R), a global leader in transportation and supply chain management solutions, today announced its top carrier selections for the 2007 Ryder Carrier Quality Award. This award recognizes excellence through a variety of metrics, including on-time performance, claims handling, customer service, technology applications, economic value and innovation. Ryder places more than $3.0 billion of its customers' freight on selected carriers in all modes of transportation.

"Ryder is proud to recognize its top-performing carriers of 2007 who provide outstanding service and share our commitment to helping our customers operate more efficiently," said Todd Carter, Ryder Vice President and General Manager for Transportation Management.

           The 2007 Ryder Carrier Quality Award Recipients:

       CATEGORY                            CARRIER

       LTL Regional                        PJAX Freight System
       LTL Inter-regional                  Con-way Freight
       LTL National                        Roadway
       International Forwarder             Eagle Global Logistics (EGL)
       International Maritime Commerce     Hapag-Lloyd (America) Inc.
       North American Forwarder            Pilot Freight Services
       Canadian LTL                        TST Overland Express
       Canadian Truckload                  Bison Transport Inc.
       Canadian Courier                    DHL Express (Canada) Ltd.
       Truckload Dry Van National          Celadon Trucking Services, Inc.
       Truckload Dry Van Regional          A.N. Webber, Inc.
       Truckload Specialized               Mercer Transportation Co., Inc.
       Intermodal                          Wheels-Clipper Group

"The above providers achieved top scores in Ryder Transportation Management's 200 point carrier quality process for their respective mode for 2007, and we are once again honored to bestow the Ryder Carrier of the Year Award to these deserved quality service providers," stated Tim Podvin, Ryder General Manager for Global Transportation Procurement.

                                  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 press release are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties inherent in our business that could cause actual results and events to differ materially from those in the forward-looking statements. Important factors that could cause such differences include, among others, our ability to obtain adequate profit margins for our services, our inability to maintain current pricing levels due to customer acceptance or competition, customer retention levels, unexpected volume declines, loss of key customers in the Supply Chain Solutions (SCS) business segment, unexpected reserves or write-offs due to the deterioration of the credit worthiness or bankruptcy of certain customers in our SCS business segment, changes in financial, tax or regulatory requirements or changes in customers' business environments that limit their ability to commit to long-term vehicle leases, changes in market conditions affecting the commercial rental market or the sale of used vehicles, labor strikes or work stoppages affecting our or our customers' business operations, adequacy of accounting estimates and accruals, changes in general economic conditions, sudden changes in fuel prices, availability of qualified drivers, our ability to manage our cost structure, changes in government regulations, including regulations regarding vehicle emissions and risks described in our filings with the Securities and Exchange Commission. The risks included here are not exhaustive. New risks emerge from time to time and 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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