MIAMI, FL, Jun 15, 2009 (MARKETWIRE via COMTEX) -- Ryder System, Inc. (NYSE: R), a leader in supply chain, warehousing
and transportation management solutions, today announced that Mazda
North American Operations (MNAO) is extending and expanding its
contract with Ryder for the distribution management of auto parts
throughout its Mexico network of dealers. Under the expansion, Ryder
will manage cross-border transportation of Mazda parts into Mexico and
distribution to all Mazda dealers in Mexico. The extended contract
will run through October 2011.
"Ryder's team has consistently demonstrated its ability to drive
process improvements throughout our operations, both in the U.S. and
Mexico," said Bobbie Rooney, Manager of Transportation and Logistics
for Mazda. "The decision to continue and expand our relationship
with Ryder in Mexico is based on their ability to provide the
services with speed and reliability at the lowest cost."
Ryder has provided distribution services to Mazda in the U.S. since
1991 and in Mexico since 2005. Over the years, as Mazda's dealer
network in Mexico has grown, delivery frequencies and the need for
dedicated routes have increased. Under the new contract, Ryder will
handle distribution of parts from Mazda's Distribution Center in
Olive Branch, Miss., to Ryder's crossdock in Monterrey, Mexico, and
then through to delivery at all of Mazda's dealers in Mexico.
"Our goal is to simplify Mazda's parts operations and improve our
responsiveness in serving their trade partners and consumers," said
Jorge Salas, Director of Cross-Border and Automotive Operations for
Ryder. "We are honored to know Mazda feels we have been successfully
serving their needs."
Ryder's Cross-Border Management Services provide a seamless,
end-to-end solution to manage material flows between the U.S. and
Mexico. Through the company's technology, highly trained logistics
professionals, and proven processes, Ryder's U.S./Mexico Logistics
Network Solution provides complete supply chain visibility and
responsive service levels for customers at a competitive price.
About Mazda North American Operations
Headquartered in Irvine, Calif., Mazda North American Operations
oversees the sales, marketing, parts and customer service support of
Mazda vehicles in the United States, Canada, Mexico and Puerto Rico
through more than 850 dealers. Operations in Canada are managed by
Mazda Canada Inc., located in Ontario, Canada, and in Mexico by Mazda
Motor de Mexico in Mexico City.
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.
For Information Contact:
Lisa Brumfield Hagen
(305) 500-3668
Email Contact
Marilu Del Toro
(305) 500-3161
Email Contact
SOURCE: Ryder System, Inc.