- Services Provided as Part of Ryder's Dedicated Contract Carriage Offering -
MIAMI, Aug. 23 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R), a
global leader in supply chain, warehousing and transportation solutions, today
announced that The Roanoke (Va.) Times, a Landmark Communications newspaper
with a daily circulation of approximately 100,000, has renewed a three-year
Dedicated Contract Carriage (DCC) transportation contract with Ryder. Under
the DCC contract, Ryder will manage delivery of The Roanoke Times from its
printing plants to its circulation distribution centers, providing a turnkey
package that includes customized vehicles, drivers, fleet management, dock
operations management and preventive and programmed maintenance for the
equipment.
Ryder's DCC service is a customized suite of transportation management
services for the delivery of a customer's products that optimizes its fleet
operations and allows its management to be more focused on core business
issues.
"We've been pleased with our partnership with Ryder over the past several
years," said Wendy Zomparelli, President and Publisher of The Roanoke Times.
"Ryder has improved the efficiency and cost-effectiveness of our
transportation operation. They've been responsive not only in helping us deal
with problems but also in anticipating change and looking for ways to save us
money."
"Ryder has been serving the newspaper and publishing industry for more
than 53 years and we are honored with the trust The Roanoke Times has placed
in us and in our ability to deliver higher levels of operational excellence
and customer satisfaction," said Jim Isaacson, Ryder's Vice President of
Operations for High-Tech and Consumer Industries.
Ryder has business relationships with 70 newspapers nationally, including
the Chicago Tribune, The Atlanta Journal-Constitution, Los Angeles Times and
The Miami Herald.
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 presentation 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, the
possibility that changes in customers' business environments 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, higher
borrowing costs and possible decreases in available funding sources caused by
adverse changes in debt ratings, changes in accounting assumptions, adequacy
of accounting accruals, changes in general economic conditions, availability
of heavy- and medium-duty vehicles, increases in fuel prices, availability of
qualified drivers, the Company's ability to create operating synergies in
connection with its acquisitions of Ruan and General, and changes in
government regulations, including regulations regarding vehicle emissions,
drivers' hours of service and security regulations issued by the Department of
Homeland Security. 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 the Company's
business. Accordingly, the Company undertakes 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,
Lisa_Brumfield@Ryder.com, or Edward Rifenburg, +1-305-500-4161,
Edward_Rifenburg@Ryder.com, both of Ryder System, Inc.
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