- Ryder Locations to Provide Combined Fleet of More Than 500 Full Service Lease and Rental Units, Maintenance and Logistics Services -
TORONTO, July 9, 2007 – Ryder System, Inc. (NYSE: R), a global leader in transportation and supply chain management solutions, today announced the grand opening of two new Canadian service facilities. The new Concord location at Creditstone Rd. is centrally located near the 400 and 407 Highways, and is Ryder's twelfth location in the Greater Toronto Area. The new Ottawa location at 2393 Stevenage Dr. is located in the heart of Hawthorn Business Park and marks Ryder's second location in Ottawa.
“These centralized locations were built to better serve the needs of our valued customers and accommodate the increasing demand for our fleet services in these growing markets,” said Doug Hill, Vice President of Operations - Fleet Management Solutions, Ryder Canada. “This is an extension of our commitment to providing reliable services that exceed our customers' expectations.”
These facilities will immediately service Ryder's growing Full Service Lease and Programmed Maintenance customers, which includes a diverse fleet of more than 500 vehicles at these locations, including panel vans, light-and heavy-duty straight trucks, and tractors, from existing accounts with the capacity to grow as Ryder expands service in these areas. The new locations include fully equipped truck repair shops, staffed with qualified diesel technicians, in order to service Ryder's extensive commercial fleet leasing and rental customers.
Ryder's Full Service Lease and Maintenance offerings are customized transportation solutions that provide customers with vehicles and a variety of support services including emergency roadside assistance, preventive maintenance services, equipment evaluations and specification, fleet management reporting tools, administrative support, and driver safety programs. For additional information on Ryder Canada transportation solutions, please visit
www.ryder.com or call 1-800-BY-RYDER.
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 362nd on the Fortune 500 and 1,458th 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
Catherine Luzena
(905) 812-2396