China's Modern Logistics News Names Ryder Most Admired Logistics Company

Ryder System, Inc., a global leader in supply chain, warehousing and transportation management solutions, recently announced it has been recognized as the "Most Admired Logistics Company" in China by Modern Logistics News, one of China's most influential logistics periodicals published by the China Federation of Logistics & Purchasing (CFLP). The award was presented to Ryder during the International Logistics and Supply Chain Development Forum in Suzhou, China.

Mr. Zhang Wei, Editor in Chief of Modern Logistics News, stated that Ryder's receipt of the award is based on "the outstanding supply chain management and customer service provided by Ryder globally, and especially for its great contribution to the development of automotive logistics expertise in China."

The China Federation of Logistics and Purchasing, China's only official large-scale comprehensive logistics organization was established with approval of the State Council and is directly administered by the State Economic and Trade Commission (SETC) of the People's Republic of China. The main goals of the CFLP are to further the development of the logistics industry in China, boost the development of the procurement process for private- and public-sector organizations, and to assume the tasks commissioned by the government.

"Ryder is honored to receive this recognition by Modern Logistics News," said Chris Woodward, Vice President and Managing Director of China for Ryder. "We hold this publication and the China Federation of Logistics & Purchasing in high regard, and look forward to sharing best practices and operational excellence to further develop state-of-the-art logistics capabilities in China."

About Ryder
Ryder provides 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. Ryder ranks 362nd on the Fortune 500 and 1,458th on the Forbes Global 2000. For more information on Ryder System, Inc., visit www.ryder.com.

SOURCE: Ryder System, Inc.