MIAMI, FL, Jul 23, 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 honored with the award for "Outstanding Integrated Logistics
Service Provider in China" given by China Modern Logistics News with
the support of the China Federation of Logistics and Procurement. The
award was presented to Ryder during the Second International
Logistics and Supply Chain Development Summit held recently in
Suzhou, China.
According to summit organizers, Ryder was recognized for leveraging
its leading global technology and expertise and setting a strong
example for integrated logistics companies in China. The award will
help to showcase China's logistics achievements on the world stage
and push the industry to a higher level, said the Summit Committee.
Alice Yu, Ryder's Director of Business Development in China, also was
honored with the "Women Logistics Elite" award for contributing a
combination of global expertise and local market knowledge and
helping to bring advanced logistics concepts and practices to China.
"Suzhou is a vital city with a vibrant tradition as a transportation
hub," said Chris Woodward, Vice President and Managing Director of
China for Ryder. "Ryder is honored to be a part of the area's
growing logistics sector."
The Second International Logistics and Supply Chain Development
Summit is a major logistics and supply chain management conference
held annually in China by China Modern Logistics News, the trade
publication of the China Federation of Logistics and Procurement,
which is the exclusive Central Government-level logistics association
in China. The event provides an open platform for Chinese and
foreign companies to present their technologies and services to
collaborate and innovate in logistics, procurement and supply chain
management.
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:
Marilu Del Toro
(305) 500-3161
Email Contact
Lisa Brumfield Hagen
(305) 500-3668
Email Contact
SOURCE: Ryder System, Inc.