Award Recognizes Ryder Performance in North and South AmericaMIAMI, FL, Jun 09, 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
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(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:
Edward Rifenburg
(305) 500-4161
Email Contact
Lisa Brumfield Hagen
(305) 500-3668
Email Contact
SOURCE: Ryder System, Inc.
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