SOURCE: Ryder System, Inc.

Ryder System, Inc.

March 04, 2009 16:30 ET

Ryder Promotes David Hunt to Vice President and Managing Director for Europe

MIAMI, FL--(Marketwire - March 4, 2009) - Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced the appointment of David Hunt to Vice President and Managing Director for Fleet Management Solutions (FMS), Europe. He will continue to report to Ryder President of Global Fleet Management Solutions, Tony Tegnelia.

In this new role, operating from Ryder offices in Devizes, England, Mr. Hunt will lead Ryder's FMS and Dedicated Contract Carriage businesses throughout Europe, develop strategic and financial business plans consistent with the Company's overall strategy, and ensure organizational adherence to policies and procedures. Prior to this appointment, Mr. Hunt served as Managing Director of Ryder's Fleet Management Solutions for the UK. Mr. Hunt has been with Ryder for 17 years serving in positions of increasing responsibility in Finance, Supply Chain Solutions and FMS operations and planning in Europe, Latin America and the U.S.

"David has been a strong contributor to Ryder throughout his 17-year career and has demonstrated the diverse leadership qualities needed to drive our strategy in the region," said Tony Tegnelia. "We are confident that his in-depth understanding of our product offering and operational knowledge will enable him to effectively manage relationships and elevate customer service levels to deliver profitable revenue growth over the long term."

                                 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, including, without limitation, statements concerning the terms and timing of the acquisition and statements concerning integration, customers and services. 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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