MIAMI, Nov. 3 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R), a
global leader in transportation and supply chain management solutions, today
announced that Ryder Brazil was honored with the AutoData Award as the "Best
Logistics Provider in the Automotive Industry" by AutoData magazine, one of
the most influential Latin American publications dedicated to the automotive
industry.
"We are honored by this prestigious award, especially with the input of so
many of our clients," said Antonio Wrobleski Filho, Managing Director for
Ryder Brazil. "This award further strengthens our commitment to provide
outstanding customer service while continually improving the quality of our
solutions to positively impact our customers' logistics operations throughout
Brazil."
The selection process for the award involves the close review by the
AutoData editorial board of case studies published during the previous twelve
months in each of 16 categories. The best four cases in each category are
selected taking into account those operations that contributed most to the
Brazilian automotive industry. Magazine readers choose the final winner for
each category.
About Ryder Brazil
Ryder Brazil is a division of Ryder System, Inc., a Fortune 500 company
providing leading-edge transportation, logistics and supply chain management
solutions worldwide. Headquartered in Sao Paulo, Ryder Brazil provides
transportation, warehousing and distribution solutions to customers in the
automotive, high-tech, and consumer and industrial products industries.
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, unexpected
volume declines, loss of key customers in the Supply Chain Solutions (SCS)
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, 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, increased competition from vehicle manufacturers and
large service providers, 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, unexpected reserves or losses due to the effects of
Hurricanes Katrina and Rita on our operations and the economy, increases in
fuel prices, availability of qualified drivers, our ability to manage our cost
structure and changes in government regulations, including regulations
regarding vehicle emissions. 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:
Edward Rifenburg, +1-305-500-4161, or
Edward_Rifenburg@Ryder.com, or Lisa Brumfield, +1-305-500-3668,
or Lisa_Brumfield@Ryder.com, both of Ryder Systems, Inc.
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