Dunn-Edwards Paints Selects Ryder for Transportation Services

- Ryder to Provide More Than 140 Full Service Lease Vehicles and

Maintenance Services for a 50 Unit Trailer Fleet -

Sep 05, 2006, 01:00 ET from Ryder System, Inc.

    MIAMI, Sept. 5 /PRNewswire-FirstCall/ -- Ryder System, Inc. (NYSE:   R),
 a global leader in transportation and supply chain management solutions,
 today announced it has been awarded a multi-year contract to provide Full
 Service Lease (FSL) and maintenance services for Dunn-Edwards Paints, one
 of the largest paint manufacturers in the United States.
     "Dunn-Edwards needed a transportation solution that would improve
 customer service, drive safety compliance, and bring added efficiencies to
 its existing fleet by being able to address any short-term or emergency
 needs that may arise," said John Faulkner, Director of Operations for
 Dunn-Edwards. "Ryder has been an industry leader for nearly 75 years and we
 trust that they will help us service our customers every day by providing
 quality, reliable equipment that ensures our ability to deliver goods to
 our customers when they need it."
     Under the five-year contract, Ryder will provide Dunn-Edwards'
 transportation operations with a full service lease solution providing a
 combined fleet of more than 140 tractors, trailers, stake beds and pick-ups
 to support outbound transportation of Dunn-Edwards' products from three
 distribution centers (Tempe, Arizona; Los Angeles, California; and
 Albuquerque, New Mexico) to more than 80 retail locations throughout
 Arizona, California, Nevada, New Mexico and Texas. Ryder will also provide
 maintenance services for more than 50 trailers in Dunn-Edwards' fleet.
     Ryder's FSL and maintenance offering is a customized transportation
 solution that provides customers with vehicles and a variety of support
 services including emergency roadside assistance, preventive maintenance
 services, fueling, equipment evaluations and specification, fleet
 management reporting tools, administrative support, and driver safety
     "Ryder is honored to have earned the opportunity to partner with an
 outstanding, reputable company like Dunn-Edwards. Ryder will help support
 Dunn-Edwards' growth, dedication to customer service and safety, and future
 productivity objectives," said Tony Tegnelia, President of U.S. Fleet
 Management Solutions for Ryder.
                           About Dunn-Edwards Paints
     Dunn-Edwards has produced and sold premium paint products for 80 years
 throughout the Southwest. Operating more than 80 stores in California,
 Arizona, Nevada, New Mexico and Texas, Dunn-Edwards is one of the nation's
 largest independent, employee-owned manufacturers and distributors of
 interior and exterior paints and painting supplies. Based in Southern
 California, the company is comprised of approximately 1,500 employees. To
 learn more about Dunn-Edwards, visit www.dunnedwards.com.
                                  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 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.

SOURCE Ryder System, Inc.