- Web-based Fleet Management Tool Provides Business-Critical Information on
Fleet Activity and Performance for Customers -
MIAMI, Aug. 21 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R),
a global leader in transportation and supply chain management solutions, is
launching Ryder FleetCare, a Web-based fleet management tool that provides
customers with access to valuable information regarding the operation of
their fleets. After successful testing in real-world conditions with Ryder
customers, the Company has initiated a U.S. rollout through the fourth
quarter of 2006.
"As one of the pilot companies for Ryder FleetCare, we found the tool
to be extremely valuable in helping us manage and track our fleet
performance by location," said Kent Hittinger, National Director of
Operations for Celebration Foods. "Scorecard reports are automatically
delivered to our sales and operations people monthly, giving us the ability
to analyze fleet performance and make better business decisions."
Ryder FleetCare offers secure, immediate Internet access to a variety
of performance metrics such as vehicle maintenance schedules, service
calls, vehicle rental activity, fuel purchases and more. Reports can be
customized and sorted in a variety of ways to analyze information by
location or vehicle.
"Ryder continually looks for ways to deliver value, service, and a
productivity edge to our customers that will help them to better understand
and manage their fleet operations," said Tony Tegnelia, President of U.S.
Fleet Management Solutions for Ryder. "Ryder FleetCare provides customers
an easy way to obtain the critical business information they need to
improve fleet performance and refine their transportation functions."
About Celebration Foods
Celebration Foods, a division of FOCUS Brands, Inc., and formerly
Carvel Corporation, is the marketer, manufacturer and distributor of
leading high quality frozen desserts, including, Carvel ice cream cakes and
desserts. As the market leader in the ice cream and ice milk frozen
desserts category, Celebration Foods' distribution reaches over 40 states
in leading supermarkets, super centers and club stores. In addition,
Celebration Foods offers co-branded solutions for its retail partners and
low-temperature distribution solutions for other manufacturers. For more
information on Celebration Foods, visit http://www.celebrationfoods.com.
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 sales 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, the effect of severe
weather events, labor strikes or work stoppages affecting our or our
customers' business operations, adequacy of accounting estimates and
accruals particularly with respect to pension, taxes and revenue, 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 http://www.celebrationfoods.com
CONTACT: Lisa Brumfield, +1-305-500-3668, or Lisa_Brumfield@Ryder.com, or David Bruce, +1-305-500-4999, or David_Bruce@Ryder.com, both of Ryder System
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