Wednesday, March 5, 2008

RYDER HONORED FOR LOGISTICS LEADERSHIP IN CHINA

MIAMI, March 5, 2008 – Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it was honored with the “Golden Service Enterprise Award” for outstanding performance and leadership in logistics by Wuhan International Logistics Committee in China. The award was presented to Ryder during the China International Logistics Fair in Wuhan.
“Ryder has shown strong performance providing quality logistics solutions in China, with special leadership in supply chain integration management and serving the automotive industry,” said Xiao Gongqiao of Wuhan International Logistics Committee. “We look forward to continuing to collaborate with Ryder to develop best practices and improve efficiency and customer service through logistics.”
The Wuhan International Logistics Fair 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 effectively collaborate and innovate in logistics, procurement and supply chain management.
“Wuhan is represented by a diverse blend of industries and is a strategic, central hub for logistics in China,” said Chris Woodward, Vice President and Managing Director of China for Ryder. “Ryder is honored to be a part of Wuhan’s tradition as a city of modern industry and to continue making positive contributions to China’s logistics industry.”

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.