Ryder System, Inc. (NYSE: R), a global leader in supply chain,
warehousing and transportation management solutions, today announced it
was honored with the award for "Outstanding Integrated Logistics Service
Provider in China" given by China Modern Logistics News with the support
of the China Federation of Logistics and Procurement. The award was
presented to Ryder during the Second International Logistics and Supply
Chain Development Summit held recently in Suzhou, China.
According to summit organizers, Ryder was recognized for leveraging its
leading global technology and expertise and setting a strong example for
integrated logistics companies in China. The award will help to showcase
China's logistics achievements on the world stage and push the industry
to a higher level, said the Summit Committee.
Alice Yu, Ryder's Director of Business Development in China, also was
honored with the "Women Logistics Elite" award for contributing a
combination of global expertise and local market knowledge and helping
to bring advanced logistics concepts and practices to China.
"Suzhou is a vital city with a vibrant tradition as a transportation
hub," said Chris Woodward, Vice President and Managing Director of China
for Ryder. "Ryder is honored to be a part of the area's growing
logistics sector."
The Second International Logistics and Supply Chain Development Summit
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 collaborate and innovate in
logistics, procurement and supply chain management.
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 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.
Ryder System, Inc.
Marilu Del Toro, 305-500-3161
or
Lisa Brumfield Hagen, 305-500-3668