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Old 04-20-2007, 01:00 PM
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Arrow Ryder Honored by General Motors as a 2006 Supplier of the Year


Matson Honored By General Motors As A 2006 Supplier Of The Year

MIAMI, FL -- (MARKET WIRE) -- 04/18/07 -- Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing and transportation management solutions, today announced it was presented the General Motors 2006 Supplier of the Year award for its overall business performance in providing GM with world-class parts and services. The 15th annual award -- themed the "Best of the Best" -- was given during ceremonies Saturday, March 31 at the JW Marriott Orlando Grande Lakes in Orlando, Fla.

"We are proud to honor Ryder as one of the 'Best of the Best' GM suppliers in 2006," said Bo Andersson, GM Group Vice President, Global Purchasing and Supply Chain. "Ryder achieved the award based on outstanding performance in 2006. We appreciate their energy, hard work and dedication to the success of GM."

"Ryder is honored to be recognized as a Supplier of the Year by GM for the third consecutive year," said Vicki O'Meara, President of U.S. Supply Chain Solutions for Ryder. "We are proud to contribute to GM's quality reputation and success globally, and look forward to continuing our long-standing relationship."

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 89 suppliers for their outstanding performance throughout 2006. 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 www.ryder.com.

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. 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.

For Information Contact:

Edward Rifenburg

(305) 500-4161

Email Contact

Lisa Brumfield Hagen

(305) 500-3668

Email Contact

Source: [url=http://www.sys-con.com/read/363785.htm]Web Services Journal[/url]
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