RYG Royal Tech

MIAMI, March 29 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE:R), a global leader in supply chain, warehousing and transportation management solutions, today announced that Royal Mouldings Limited (NYSE:RYG), North America's largest marketer and manufacturer of Cellular Vinyl(TM) extrusion components and decorative polymer mouldings, has extended its multi-year contract with Ryder for Dedicated Contract Carriage (DCC) services and has added Ryder's Transportation Management services which include carrier procurement and management, and freight bill audit and payment. "Ryder has been a valued logistics service provider for nearly 12 years and has worked closely with us in improving customer service and driving efficiencies throughout our supply chain," said Gary Peacock, Vice President of Operations for Royal Mouldings. "Our decision to outsource additional transportation functions to Ryder was primarily driven by their expertise and ability to leverage their buying power, which allows us to focus on developing our product line while lowering transportation costs." Ryder's supply chain services provide a customized package of dedicated contract carriage and transportation management services that allows customers' management to focus on core business issues. Ryder provides these services through turnkey transportation solutions that include vehicles, drivers, management, carrier procurement and carrier management, technology and processes. Under the agreement, Ryder manages the pickup of products from Royal Moulding's distribution facility in Marion, Virginia and outbound delivery to more than 1,000 retail locations in 48 states. "Royal Mouldings is an industry leader because they continuously develop new and innovative products to meet emerging customer needs," said Ryder President of U.S. Supply Chain Solutions Vicki O'Meara. "We're grateful that we've earned the opportunity to expand our work with a company of such high standards." About Royal Mouldings Limited Royal Mouldings is a member of the Royal Group of Companies, a vertically integrated manufacturer of technologically advanced, polymer-based home improvement, consumer and construction products. Royal Mouldings began in 1963 as a manufacturer of pre-finished wood mouldings to match wall paneling. Today, Royal Mouldings is the largest marketer and manufacturer of decorative polymer mouldings and Cellular Vinyl(TM) extrusion components and systems in the United States. Royal Mouldings' products are used for interior and exterior mouldings and as components used in the fabrication of windows, doors and shutters. 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, 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 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, labor strikes or work stoppages affecting our or our customers' business operations, adequacy of accounting estimates and accruals, 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 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. DATASOURCE: Ryder System, Inc. CONTACT: Lisa Brumfield, +1-305-500-3668, or , or Edward Rifenburg, +1-305-500-4161, or , both of Ryder System Web site: http://www.ryder.com/

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