Ryder Awarded New Saturn Contract

    
    MIAMI--Jan. 19, 2001--

    - Provides Supply Chain and Logistics Services for
    Spring Hill Manufacturing and Assembly Center -

    Ryder System, Inc. , a global leader in logistics and transportation management solutions, today announced it has been awarded a key contract by Saturn Corporation for Inbound Material Logistics Operations, announced Gregory T. Swienton, Ryder's President and Chief Executive Officer.
    "We are delighted to continue Ryder's long relationship with Saturn," said Swienton. "General Motors is one of Ryder's largest and most important global customers and the new contract is a strong validation of Ryder's capabilities and presence as a major logistics provider to the automotive industry."
    Ryder has provided inbound logistics services, including network design and supply chain management, to Saturn since 1990. Ryder's new contract for inbound logistics for Saturn's Spring Hill, Tenn. manufacturing and assembly complex continues these services. Ryder will support the continued production of Saturn S-series cars as well as the new Saturn VUE sport utility vehicle. Under a separate contract, Ryder provides direct materials logistics services for Saturn's Wilmington, Del. assembly plant.
    "We are proud of our supply chain innovations and the operational excellence we have achieved in partnership with Saturn throughout the years," said Tom Jones, Ryder's senior vice president of Automotive, Aerospace & Industrial. "We look forward to an ongoing relationship that will further strengthen Saturn's supply chain efficiency. Our efforts will help assure on-time delivery of parts for its expanded manufacturing operations, while minimizing inventory and logistics expense."