SOURCE: Ryder System, Inc.

June 09, 2008 08:15 ET

Toyota Honors Ryder at Ceremony in Japan

Award Recognizes Ryder Performance in North and South America

MIAMI, FL--(Marketwire - June 9, 2008) - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it was presented with the 2007 Regional Contribution Award for its overall performance in providing Toyota with world-class logistics services in North and South America. The award was presented by Katsuaki Watanabe, President of Toyota Motor Corporation, at a ceremony during its recent Supplier Convention in Nagoya, Japan.

The Regional Contribution Award is one of Toyota's most prestigious supplier honors. Ryder was the only supplier in the Americas to receive the regional award for significantly contributing to Toyota's quality and success in both North and South America. In 1987, Toyota selected Ryder as its first North American logistics provider for the Georgetown, Kentucky plant. Today, Ryder provides logistics services for Toyota operations in California, Indiana, Kentucky, Michigan, Tennessee, Texas, West Virginia, as well as in Argentina, Brazil, Canada, and Mexico.

Commenting on the award, Ryder Chairman and Chief Executive Officer Greg Swienton said, "I was extremely honored to personally accept this recognition from Toyota on behalf of all of the Ryder employees who support Toyota's business operations throughout the Americas. Toyota is a highly valued customer which continues to demonstrate global leadership in providing quality products and developing efficient operational processes. We are proud to contribute to Toyota's quality reputation and performance, and look forward to building on the success of our long-standing relationship."


                                  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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