SOURCE: Ryder System, Inc.

December 12, 2008 07:55 ET

Ryder Introduces Hybrid Trucks

New Lease Offering Helps Customers of All Sizes Improve Fuel Economy and Reduce Greenhouse Gas Emissions

MIAMI, FL--(Marketwire - December 12, 2008) - Ryder System, Inc. (NYSE: R), a global leader in transportation and supply chain management solutions, today announced the launch of its RydeGreen(SM) Hybrid straight truck line, now available for order by Ryder lease customers. The Hybrid offering enhances the Company's established line of fuel efficient RydeGreen(SM) tractors and trailers, launched in the fall of 2007.

Ryder's RydeGreen(SM) Hybrid is a medium-duty straight truck, featuring the Navistar® MaxxForce™ DT diesel engine and the Eaton® Hybrid Electric System integrated into the International® DuraStar™ Hybrid chassis. When traveling at low speeds, the Hybrid electric motor supplies power to the truck resulting in reduced fuel consumption and emissions. According to International®, the truck has the potential to provide up to 30 to 40 percent improved fuel efficiency in standard in-city pick up and delivery applications. Diesel emissions are dramatically reduced when the vehicle is operating in Hybrid mode on battery power.

"The RydeGreen(SM) Hybrid offering meets the needs of fleet managers and business owners looking for innovative ways to dramatically improve fuel efficiencies and reduce emissions," said Tony Tegnelia, President of Ryder's Global Fleet Management Solutions. "We will continue to leverage the latest technology to meet increasing customer demand for environmentally sound fleet solutions."

In addition to the new lease offering, a limited supply of RydeGreen(SM) Hybrid straight trucks will be available in January 2009 for rent to commercial customers at select Ryder rental locations in the U.S.

For additional information about Ryder's environmental programs and practices, visit www.Ryder.com/GreenCenter.

                                 About Ryder

Ryder provides 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. Ryder ranks 371st on the FORTUNE 500® and 1,631st on the Forbes Global 2000. For more information on Ryder System, Inc., visit www.ryder.com.

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations 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 including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. 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.