SOURCE: Ryder System, Inc.

April 28, 2008 17:10 ET

Ryder Recognized by General Motors as a 2007 Supplier of the Year

MIAMI, FL--(Marketwire - April 28, 2008) - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it received the General Motors 2007 Supplier of the Year award for its significant contributions to GM's global product and performance achievements. The 16th annual award -- themed the "Best of the Best" -- was given during ceremonies Saturday, April 26 at the Sawgrass Marriott Hotel in Jacksonville, Fla.

"GM is proud to honor Ryder System as a GM Supplier of the Year winner," said Bo Andersson, GM Group Vice President, Global Purchasing and Supply Chain. "This award is our way of telling the winners that we appreciate all of their efforts in working together with GM to manufacture world-class vehicles.

"Ryder System is among the best of the best," he continued. "They understand that our mutual success can only be achieved by sharing common goals and priorities."

Commenting on the award, Tom Jones, Ryder SVP and General Manager of Supply Chain Solutions, said, "Ryder is honored to be recognized as a Supplier of the Year by GM for the fourth consecutive year. We are proud to support GM's operations and contribute to their global success and quality reputation. I would like to congratulate the Ryder team that strives to drive value and excellence for GM."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 97 suppliers for their outstanding performance throughout 2007.

                                  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 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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