SOURCE: Ryder System, Inc.

Ryder System, Inc.

October 20, 2009 17:15 ET

Shell Contracts Gulf Coast Road Transportation Operations to Ryder

MIAMI, FL--(Marketwire - October 20, 2009) -  Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced it has been awarded a Dedicated Contract Carriage (DCC) and Transportation Management contract by Shell Exploration and Production Company (SEPCo) to support their Gulf of Mexico operations. SEPCo's Gulf of Mexico Deepwater operations account for approximately 80 percent of Shell's overall U.S. oil and gas production. 

Ryder's DCC service is a customized suite of transportation management services for the delivery of a customer's products that optimizes its fleet operations and allows its management to be more focused on core business issues. 

Under the contract, Ryder will provide SEPCo with a fleet of flat bed trailers, tandem axle tractors, and full time specially certified drivers based at three domiciled locations. Ryder will outfit all trucks supporting SEPCo with GreenRoad Technology, an in-cab device that monitors 120 driving maneuvers and alerts drivers to unsafe handling. Ryder will also provide a management team dedicated to coordinating and monitoring shipments to and from Port Fourchon, La., Galveston, Texas, and the Gulf of Mexico Shell operated platforms; visibility to all movements through its online track and trace technology and web-based reporting; 24/7 response communication through the port operations; and a flexible network to support continuous improvement in safety, service and cost for Shell's Gulf Coast terminal operations. 

"Ryder has developed a continuous improvement process that focuses on lean initiatives and is committed to safety, service and cost efficiencies for Shell's Gulf Coast operations," said Ryder's Vice President of Dedicated Contract Carriage Operations, John Sonia. "We are especially honored to work with a company that mirrors Ryder's own commitment to safety and health for its employees and the communities it serves."

About Shell Exploration and Production Company

Shell Oil Company, including its consolidated companies and its share in equity companies, is one of America's leading oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. Shell, a leading oil and gas producer in the deepwater Gulf of Mexico, is a recognized pioneer in oil and gas exploration and production technology. Shell Oil Company is an affiliate of the Shell Group, a global group of energy and petrochemical companies, employing approximately 104,000 people and operating in more than 110 countries and territories. Shell Exploration and Production Company (SEPCo), the largest of Shell's operating units, accounting for 15 percent of Shell worldwide oil and gas production, to support its Gulf Coast operations. 

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 399th on the Fortune 500. 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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