Services Provided as Part of Ryder's Dedicated Contract Carriage OfferingMIAMI, FL, Jun 05, 2008 (MARKET WIRE via COMTEX News Network) -- Ryder System, Inc. (NYSE: R), a global leader in supply chain,
warehousing and transportation management solutions, today announced
that The Roanoke (Va.) Times, a Landmark Communications newspaper
with a daily circulation of more than 100,000, has renewed a
five-year Dedicated Contract Carriage (DCC) transportation contract
with Ryder. Under the DCC contract, Ryder will manage delivery of The
Roanoke Times from its printing plant to its circulation distribution
centers, providing a turnkey package that includes customized
vehicles, drivers, fleet management, dock operations management and
preventive and programmed maintenance for the equipment.
"We have had a strong partnership with Ryder for nearly a decade,"
said Chip Harris, Production Director for The Roanoke Times. "Ryder
has helped us achieve substantial improvements in transportation
efficiency and the cost-effectiveness of our operations year over
year. They are innovative and thought leaders in finding new ways to
drive costs out of out operations."
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.
"Ryder has been serving the newspaper and publishing industry for
more than 60 years and we are honored with the partnership and trust
The Roanoke Times has placed in us," said Rosario Rizzo, Ryder's
Senior Vice President and General Manager for Dedicated Contract
Carriage Operations. "We look forward to a long and successful
relationship that continues to exceed their expectations in
delivering higher levels of operational excellence and customer
satisfaction."
Ryder has business relationships with 75 newspapers nationally,
including the Chicago Tribune, The Los Angeles Times, The Miami Herald
and The Dallas Morning News.
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(R) 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.
For Information Contact:
Lisa Brumfield Hagen
(305) 500-3668
Email Contact
Edward Rifenburg
(305) 500-4161
Email Contact
SOURCE: Ryder System, Inc.