Company Profile For Ryder System, Inc.

Ryder System, Inc. (Ryder) is a provider of transportation and supply chain management solutions. The Company operates in three segments: Fleet Management Solutions (FMS), which provides full-service leasing, contract maintenance, contract-related maintenance and commercial rental of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services throughout North America, and in Europe, South America and Asia, and Dedicated Contract Carriage (DCC), which provides vehicles and drivers as part of a dedicated transportation solution in the United States. On February 2, 2009, it acquired the assets of Edart Leasing LLC (Edart), which included Edart’s fleet of approximately 1,600 vehicles.

BRIEF: For the nine months ended 30 September 2009, Ryder System, Inc.'s revenues decreased 22% to $3.65B. Net income from continuing operations decreased 68% to $67.5M. Revenues reflect a decrease in income from Supply Chain Solutions and lower revenue from Dedicated Contract Carriage segment. Net income also reflects an increase in depreciation expenses, lower net gains on vehicle sales and the presence of restructuring & other charges.