Ryder Appoints Gregory Knott Vice President Information Technology Supply Chain Solutions

MIAMI, FL, Oct 25, 2010 (MARKETWIRE via COMTEX) — Ryder System, Inc. (NYSE: R), a leader in transportation and supply chain management solutions, today announced the appointment of Gregory Knott to Vice President of Information Technology (IT) for its Supply Chain Solutions (SCS) business segment. In this new role, Mr. Knott will lead an IT team responsible for the development, implementation and maintenance of the strategic IT plan for SCS, including consolidation of business and IT plans, industry and technology trends, assessments of enterprise risk, and business process and enterprise requirements that support SCS and customer operations. He will report to Ryder Senior Vice President and Chief Information Officer, Keyvan Bohlooli.

“Ryder prides itself on its ability to integrate multiple technologies to improve the effectiveness of internal processes and customer solutions,” said Mr. Bohlooli. “Greg brings a wide range of business and customer system implementation experience to his new role. We look forward to his leadership in optimizing Ryder’s technology investments that will increase our competitiveness and enhance the value to our customers.”

Mr. Knott joins Ryder following a more than 35-year career in IT, including a 12-year career with General Motors. Most recently, he served as Chief Information Officer for Hummer, LLC in Detroit, where he planned and executed a complete portfolio of automotive OEM applications after the company was divested from GM. Before Hummer, Mr. Knott held positions of increasing responsibility at GM where he most recently served as Process Information Officer for Worldwide Service & Parts and was responsible for process improvement and all global aftermarket IT. Previously in his career, he also served as Chief Information Officer for the Parts Division of Deere & Company.

Mr. Knott holds a Master of Business Administration in Operations Management from the University of Iowa and a Bachelor of Science degree in Computer Science from Iowa State University. He will be based out of Ryder’s Novi, Michigan office.

About Ryder

Ryder is a FORTUNE 500(R) commercial transportation, logistics and supply chain management solutions company. Ryder’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor’s 500 Index. Inbound Logistics magazine has recognized Ryder as the top third party logistics provider, and Security magazine has named Ryder the number-one company for security practices in the transportation, logistics, supply chain, and warehousing sector. Ryder is a proud member of the American Red Cross Annual Disaster Giving Program, supporting national and local disaster preparedness and response efforts. For more information on Ryder System, Inc., visit www.ryder.com.

Note Regarding Forward-Looking Statements: Certain statements and information included in this presentation are “forward-looking statements” under the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans 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. 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.

For Information Contact:
Lisa Hagen
(305) 500-3668

David Bruce
(305) 500-4999

SOURCE: Ryder System, Inc.

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