| Ryder Named One of Top 50 Companies for Latinas by LATINA Style Magazine |
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| Friday, 05 September 2008 | |
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LATINA Style Magazine has named Ryder System, Inc. (NYSE: R) to the 2008 LATINA Style 50, recognizing Ryder as one of the top 50 companies for Latinas to work for in the United States. This is Ryder's eighth time to appear on the list, which has been published for 11 years. "Ryder is proud to be recognized for our diversity initiatives," said Ryder Chairman and CEO Greg Swienton. "Over the past five years, we have grown our business from a $4.7 billion company to a $6.6 billion company. Our commitment to diversity has strengthened, and we strongly believe there is a direct correlation between our diverse employees and our business success. We cultivate a talented, diverse workforce, and we welcome the contributions of Latina women as part of that workforce." The 2008 LATINA Style 50 is determined from a survey of the Fortune 1000 companies on initiatives that promote diversity and career advancement opportunities for Hispanic women. The survey was originally developed and first launched in 1998 with the assistance of the U.S. Department of Labor, the U.S. Equal Employment Opportunity Commission, and national Hispanic organizations. Leadership programs, employee benefits and Latina representation in senior positions are among the criteria used to evaluate the diversity at each company through the survey. Over 800 companies are evaluated. "Slowly but surely, Latinas continue to make progress in climbing the corporate ladder," said LATINA Style Publisher Robert Bard. "However, we still have a long way to go to achieve parity. As the only national Latina publication focusing on the needs and aspirations of professional Latinas, we have a duty to keep Hispanic women informed about corporate America's best employment practices. We have gone to great lengths to provide a reliable resource for Latinas to evaluate companies, so they can be confident that the 2008 LATINA Style 50 truly represents some of the best opportunities corporate America has to offer." The LATINA Style 50 Companies will be honored February 5, 2009, during the LATINA Style Awards Ceremony & Diversity Leaders Conference in Washington, D.C., and recognized at an exclusive awards reception at the White House.
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. For information, contact: Lisa Brumfield Hagen
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