MIAMI, FL -- (MARKET WIRE) -- 05/02/08 --
The Board of Directors of Ryder System, Inc.
(NYSE: R), a global leader in transportation and supply chain management
solutions, today declared a regular quarterly cash dividend of $0.23 per
share of common stock, to be paid on June 13, 2008, to shareholders of
record on May 19, 2008. This is Ryder's 127th consecutive quarterly cash
dividend -- marking more than 31 years of dividend payments.
The Company also announced the results of its annual meeting of
shareholders. L. Patrick Hassey, Lynn M. Martin and Hansel E. Tookes, II
were elected by shareholders to serve on the Company's Board of Directors
for a term of three years. Shareholders also approved an amendment to the
Ryder System, Inc. 2005 Equity Compensation Plan and ratified the
appointment of PricewaterhouseCoopers LLP as the Company's independent
auditor.
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.
Contacts:
Media:
David Bruce
(305) 500-4999
Investor Relations:
Bob Brunn
(305) 500-4053
