SOURCE: Ryder System, Inc.

Ryder System, Inc.

December 17, 2010 16:35 ET

Ryder Opens New Service Facility and Used Vehicle Sales Center in Hawaii

New Location in Kapolei Will Support Growth in O'ahu

KAPOLEI, HI--(Marketwire - December 17, 2010) -  Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced the grand opening of a state-of-the-art commercial truck service facility and used vehicle sales center located at 91-130 Kalaeloa Boulevard in Kapolei, Hawaii. 

The 30,000-square-foot service facility will immediately begin providing maintenance to a diverse fleet of commercial trucks from Ryder's existing lease, rental, and contract maintenance customers in the area. Located on 2.3 acres, the facility will feature six repair bays, a minor repairs lane, and a Preventive Maintenance area, all of which have been equipped with cutting-edge diagnostics tools. In addition to maintenance services, the facility will offer commercial truck rental services for short-term rentals and a used vehicle sales center where customers will be able to select from an inventory of commercial vehicles for purchase.

"Ryder has existing locations in Honolulu and Maui and has been serving the Hawaii market for more than 18 years," said Robert Sanchez, President of Global Fleet Management Solutions for Ryder. "We are pleased to continue growing and look forward to offering our customers these new facilities."

Ryder's Full Service Lease offering is a customized transportation solution that provides customers with commercial vehicles for lease and a variety of support services, including emergency roadside assistance, preventive maintenance services, fueling, equipment evaluations and specification, fleet management reporting tools, administrative support, and driver safety programs. Ryder's Commercial Rental product line provides customers with rental trucks on a short-term basis to meet their needs for supplemental capacity, and Ryder's Contract Maintenance product line provides maintenance to both Ryder's full service lease customers as well as other customers who wish to use Ryder's extensive network of facilities and technicians to maintain their trucks.

The service facility will be open Monday through Friday, 6:00 a.m. - 10:00 p.m., and Saturday, 6:00 a.m. - 2:30 p.m. Rental Services will be available Monday through Friday, 7:00 a.m. - 4:00 p.m. For additional information, please call 808-833-7976.

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. For more information on Ryder System, Inc., visit

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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