- Ryder Earns Top Spot in 'Third-Party' Category for Operational Efficiency
in Brazil -
MIAMI, Nov. 8 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE: R), a
global leader in supply chain, warehousing and transportation management
solutions, today announced it was awarded the 2006 Performance Award
(Premio Desempenho) by Livre Mercado, a leading business publication
covering Brazil's major industrial regions.
"We are honored to be recognized by industry leaders and community
peers with this award," said Antonio Wrobleski Filho, Managing Director for
Ryder Brazil. "Ryder remains committed to developing logistics solutions
and innovative technology to help our customers maximize their potential."
As part of its 13th annual recognition program, Livre Mercado editors
submitted the publication's top case studies in the following categories:
governmental, non-governmental, industrial, educational, and third-party. A
panel of more than 300 business and community leaders selected the best
company in each category based on criteria including competitiveness,
innovation and reputation. Ryder received the 2006 Performance Award for
the efficiency of its transportation management operations in Brazil
supporting global customers in the automotive, high-tech and consumer goods
industries.
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, new
accounting pronouncements, rules, or interpretations, 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:
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 System, Inc.
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