Facility Offers Customers Largest Used Truck Inventory and Selection Available in Market
MONTREAL, Feb 05, 2009 (MARKET WIRE via COMTEX) -- Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced the grand opening of its new retail used vehicle facility located in the emergent area of Vaudreuil-Dorion, in Quebec. The facility is centrally located at 2399 rue Henry Ford at the intersection of highways A540, A20, and L'autoroute du Souvenir A542.
"Ryder is one of the largest retailers of used trucks in North America selling more than 20,000 vehicles a year," said Tony Tegnelia, Ryder's President of Fleet Management Solutions. "Quebec is an important market for us and we are proud to establish this retail location to serve the growing needs of the Canadian marketplace."
The facility is located on four acres of land to showcase over 250 vehicles, including panel vans, light- and heavy-duty straight trucks, and tractors. Each vehicle is Ryder Road Ready and comes with a thirty day warranty and a complete vehicle maintenance history. The facility will support Ryder's existing commercial rental business, consisting of 1,000 rental customers, as well as prospects in this growing Western Montreal market.
"This centralized location was built to better serve the needs of our valued customers and accommodate the increasing demand for our quality Ryder Road Ready vehicles and commercial rental needs in this expanding market," said Gregg Nierenberg, Ryder's Group Director of Vehicle Sales. "This reaffirms Ryder's commitment to providing alternative solutions to support the transportation needs of Canada."
To view Ryder's complete used vehicle sales inventory at the Vaudreuil facility, visit
www.ryderusedtrucks.ca or call 1-800-USED-TRK. Hours of operation: Rental, Monday to Friday 7:30 a.m. -5:30 p.m.; Used Vehicles Sales, Monday to Friday, 8:00 a.m. -6:00 p.m. and Saturday, 9:00 a.m. -12 noon.
About Ryder
Ryder provides leading-edge transportation, logistics and supply chain management solutions. 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.
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SOURCE: Ryder System, Inc.