Ryder Opens Used Vehicle Sales Center in Montebello, California

Mar 28, 2011

Ryder Relocates New Used Vehicle Sales Center to Offer Customers Larger Inventory and State-of-the-Art Vehicles

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced the opening of its new used vehicle sales center located at 936 South Greenwood Avenue in Montebello, Calif.

“This past year, Ryder has focused on expanding its footprint in southern California to meet the growing needs of the marketplace,” said Gregg Nierenberg, Ryder’s Group Director of Vehicle Sales. “We have relocated one of our California centers to a larger location, twice the size of our former location, and we now can offer an even larger inventory of affordable, quality used vehicles maintained by industry experts to continue to support the needs of customers in this important market.”

The facility is located on more than two acres of land to showcase an inventory of approximately 90 vehicles, including panel vans, light- and heavy-duty straight trucks, and tractors. Each vehicle is Ryder Road ReadyTM certified and comes with a 30-day warranty and complete vehicle maintenance history.

“Ryder is committed to supporting the needs of our valued customers and accommodating the increasing demand for our quality Ryder Road ReadyTM vehicles in this expanding market,” said Michael Kokiatkulkij, Ryder’s Used Vehicles Sales Manager for Montebello. “Ryder continues to open and expand in this important market in order to keep up with customer demand. We look forward to continuing to provide transportation solutions and outstanding customer service to the California marketplace.”

To view Ryder’s complete used vehicle sales inventory at the Montebello retail center, visit www.usedtrucks.ryder.com or www.ryder.com. Alternatively, you can call 1-800-USED-TRK or the retail center directly at 323-721-1178. Hours of operation are Monday to Friday, 8:00 a.m. -5:00 p.m., and Saturday, 9:00 a.m. - noon.

About Ryder

Ryder is a FORTUNE 500® commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as the top third party logistics provider, and Security magazine has named Ryder one of the top companies for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. 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.

 

Source: Ryder System, Inc.