SOURCE: Ryder System, Inc.

February 28, 2007 17:15 ET

Ryder Makes Key Supply Chain Appointments, Enhances Solution Delivery Model

MIAMI, FL -- (MARKET WIRE) -- February 28, 2007 -- Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced the appointment of two executives as part of a strategy to enhance service delivery and business growth in the Company's Dedicated Contract Carriage (DCC) and Transportation Management (TM) product lines. Rosario Rizzo has been appointed to Senior Vice President and General Manager of Dedicated Contract Carriage and Todd Carter to Vice President and General Manager, Global Transportation Management. Both positions will report to Vicki O'Meara, President of U.S. Supply Chain Solutions for Ryder.

"Rosario and Todd are seasoned executives whom we are delighted to welcome to Ryder. Along with our existing cadre of outstanding leaders, they will play an important role in growing Ryder's supply chain business and improving the delivery of our solutions to our customers," said Ms. O'Meara. "They join our team as part of an initiative to further enhance and integrate our Dedicated Contract Carriage and Transportation Management capabilities."

Mr. Rizzo will lead Ryder's Dedicated Contract Carriage (DCC) business segment which supports customers with a turnkey transportation solution that includes a dedicated fleet of vehicles, routing and scheduling, specialized driver services, and logistical engineering support. Prior to joining Ryder, Mr. Rizzo served as Vice President of the Americas Logistics and Global Contract Logistics for APL Logistics. In that role he was responsible for all logistics services including international freight and inter-modal services, sales, customer service, warehousing and freight management worldwide. Prior to his role at APL Logistics, Mr. Rizzo served as Vice President of Operations and Logistics for Unisource/Georgia Pacific Corporation where he was responsible for delivery and transportation, fleet, warehousing, real estate, and regulatory compliance. He served on the Unisource executive leadership team which established Unisource as a stand-alone company. Throughout his career, Mr. Rizzo has held various leadership positions in logistics and supply chain management at Compaq Computer Corporation and Pepsi-Cola Company.

Mr. Carter will be responsible for all global Transportation Management activities and strategic planning to continue growing and developing this capability in close coordination with DCC, Supply Chain industry sectors and International teams. Mr. Carter joins Ryder from Celanese Chemicals, a global producer of industrial chemicals, where he served as Director, Global Supply Chain. In that role he was responsible for all global freight movement and storage, and domestic and international supply chain operations for the Acetyls and Intermediates business segment. Throughout his career, Mr. Carter has held various positions of increasing responsibility with logistics and supply chain management companies including APL Logistics, GATX Logistics and J.B. Hunt Logistics.

                                 About Ryder
Ryder is a Fortune 500 company providing 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. For more information about 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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