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RYDER HONORED FOR LOGISTICS EXCELLENCE IN CHINA
MIAMI, February 15, 2007 – Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it was honored with the “Excellent Foreign Logistics Company” award by Shenzhen Logistics Association in China. The award was presented to Ryder during the Shenzhen International Logistics and Supply Chain Management Fair.
“Ryder has done a great job of providing world-class supply chain services worldwide and in China,” said Ms. Zheng Yanling, Secretary General of Shenzhen Logistics Association. “We are confident that Ryder will continue to bring state-of-the-art supply chain practices and know-how to the Shenzhen market and help local manufacturers improve their efficiency and reduce logistics costs.”
The Shenzhen International Logistics and Supply Chain Management Fair is a major international fair in logistics and supply chain management held annually in China. The event provides an open platform for Chinese and foreign companies to present their technologies and services to effectively collaborate and innovate in logistics, procurement and supply chain management.
“Shenzhen has developed into an important logistics hub in China, and Ryder is honored to be a part of the growth and progress of China’s logistics industry,” said Chris Woodward, Vice President and Managing Director of China for Ryder. “Furthermore, this award reinforces our commitment to meeting our customers’ demands in the region.”
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 www.ryder.com.