MIAMI, June 7 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R), a
global leader in transportation and supply chain management solutions, today
announced it has been selected by the New York Post, the sixth largest daily
newspaper in the country, with a daily circulation of 680,000, to support
distribution of the newspaper to the New York Metro area.
"Contracting with Ryder will enable the New York Post to gain even more
momentum as a leader in the newspaper industry," said Kenneth Chiarella,
Director of Distribution for the New York Post. "We can achieve a substantial
improvement in transportation efficiencies utilizing Ryder's expertise and
resources, enabling us to offer our readers and advertising customers the
highest level of service possible."
Under a multi-year Full Service Lease contract, Ryder will provide a
turnkey transportation package that includes 150 customized vehicles, fleet
management, and preventive and programmed maintenance services. This
integrated transportation solution will help the New York Post improve its
transportation efficiency and delivery timeliness utilizing a combination of
specially designed trucks and equipment.
"Ryder's extensive experience in the newspaper industry coupled with the
support and key business objectives of the New York Post's management allowed
us to assess the newspaper's needs and develop a strategy that complements the
delivery expected by the customers they serve," said John Deris, Vice
President of Sales for the Northeast Region of Ryder.
Ryder has been serving the newspaper and publishing industry for more than
53 years and currently has business relationships with more than 70 newspapers
nationally, including the Chicago Tribune, The Dallas Morning News, The Kansas
City Star, Los Angeles Times and The Miami Herald.
About New York Post
The New York Post is a division of the News Corporation, which had total
assets as of December 31, 2004 of approximately US$53 billion and total annual
revenues of approximately US$22 billion. News Corporation is a diversified
international media and entertainment company with operations in eight
industry segments: filmed entertainment; television; cable network
programming; direct broadcast satellite television; magazines and inserts;
newspapers; book publishing; and other. The activities of News Corporation
are conducted principally in the United States, Continental Europe, the United
Kingdom, Australia, Asia and the Pacific Basin.
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 .
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, Inc.
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