MIAMI, June 6 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R), a
global leader in transportation and supply chain management solutions,
today announced its top carrier selections for the 2005 Ryder Carrier
Quality Award. This award recognizes excellence through a variety of
metrics, including on- time performance, claims handling, customer service,
technology applications, economic value and innovation. Ryder places more
than $2 billion of its customers' freight on selected carriers in all modes
of transportation.
The 2005 Ryder Carrier Quality Award Recipients:
Carrier Category
New England Motor Freight LTL Northeast Regional
PJAX Freight System LTL Midwest Regional
Southeastern Freight Lines LTL Southern Regional
Con-Way Western Express LTL Western Regional
Roadway Express LTL National
Estes Express Lines LTL Super-Regional
EXEL Global Logistics, Inc. International Air Commerce
Hanjin Shipping International Maritime Commerce
Pilot Air Freight North American Forwarder
Trans Provincial Freight Carrier Ltd. Canadian LTL Regional
TST Overland Express Canadian LTL National
Contract Freighters, Inc. (CFI) Truckload Dry Van National
Empire Truck Lines, Inc. Truckload Dry Van Regional
Riley Whittle, Inc. (RWI) Truckload Specialized Equipment/
Temperature Control
Triple Crown Services Intermodal
"Ryder is proud to recognize its top-performing carriers of 2005 who
understand the demanding requirements of our supply chain solutions and
transportation services and share our commitment to helping customers
operate more efficiently," said Ryder Senior Vice President of Supply Chain
Solutions Tom Jones.
About Ryder
Ryder is a Fortune 500 company providing 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. For more information about Ryder System, Inc.,
visit http://www.ryder.com .
Note Regarding Forward-Looking Statements: Certain statements and
information included in this press release are "forward-looking statements"
under the Federal Private Securities Litigation Reform Act of 1995.
Accordingly, these forward-looking statements should be evaluated with
consideration given to the many risks and uncertainties inherent in our
business that could cause actual results and events to differ materially
from those in the forward-looking statements. Important factors that could
cause such differences include, among others, our ability to obtain
adequate profit margins for our services, our inability to maintain current
pricing levels due to customer acceptance or competition, customer
retention levels, unexpected volume declines, loss of key customers in the
Supply Chain Solutions (SCS) business segment, our failure to successfully
implement new growth initiatives in our FMS business segment, unexpected
reserves or write-offs due to the deterioration of the credit worthiness or
bankruptcy of certain customers in our SCS business segment, changes in
financial, tax or regulatory requirements or changes in customers' business
environments that will limit their ability to commit to long-term vehicle
leases, changes in market conditions affecting the commercial rental market
or the sale of used vehicles, labor strikes or work stoppages affecting our
or our customers' business operations, adequacy of accounting estimates and
accruals, changes in general economic conditions, sudden changes in fuel
prices, availability of qualified drivers, our ability to manage our cost
structure, changes in government regulations including regulations
regarding vehicle emissions and the risks described in our filings with the
Securities and Exchange Commission. The risks included here are not
exhaustive. New risks emerge from time to time and 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.
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Related links:
http://www.ryder.com
CONTACT:
Lisa Brumfield, +1-305-500-3668, or
Lisa_Brumfield@Ryder.com, or Edward Rifenburg, +1-305-500-4161,
or Edward_Rifenburg@Ryder.com, both of Ryder System
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