Ryder Launches 'Road Ready PLUS' Warranty

- Comprehensive Coverage up to 12 Months or 100,000 Miles -

MIAMI, Aug. 15 -- Ryder System, Inc. , a global leader in transportation and supply chain management solutions, today announced it has introduced the "Road Ready(TM) PLUS" extended warranty plan to complement the reliability of its Road Ready(TM) pre-owned vehicles.

"First-time truck buyers and professional fleet operators recognize that Ryder's Road Ready(TM) vehicles are a cost-effective way to manage a small business or supplement a larger fleet," said Tom Havens, Vice President of Vehicle Sales for Ryder. "As an extension of our commitment to providing customers with quality, dependable vehicles, we now offer Road Ready(TM) PLUS to give the customer peace-of-mind with an extended power train warranty."

Ryder's innovative extended warranty program, Road Ready(TM) PLUS, provides immediate, comprehensive power train coverage up to 12 months or 100,000 miles for pre-owned Ryder Road Ready(TM) vehicles under the terms specified in the coverage. Compared to other major suppliers, this is one of the most complete warranty plans currently available, covering all manufacturers as well as the injectors, air compressors, turbochargers, transmission and rear axle(s), among other items detailed in warranty. The plan includes instant payment of claims and access to more than 2,000 repair facilities. Customers can choose from a variety of warranty packages for heavy-, medium- and light-duty vehicles.

Ryder's Road Ready(TM) used vehicles are single-owner trucks equipped with quality components and part configurations that have been road-tested and performance-monitored within Ryder's fleet of more than 162,000 vehicles. The Road Ready(TM) designation means that the vehicle being purchased includes complete maintenance records and meets or exceeds a list of 59 quality standards. In the United States, Road Ready(TM) vehicle purchases include an extendable, 10,000 mile/30-day, power train warranty that is serviced through a nationwide network of more than 2,000 approved repair facilities. Road Ready(TM) PLUS will supplement the existing warranty. Road Ready(TM) vehicles are available at 50 Ryder retail locations across the U.S.

About Ryder

Ryder is a Fortune 500 company providing leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock 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 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, 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.