-Ryder to Provide Customized Transportation Solution to Further Drive Efficiencies Throughout USPS Supply Chain -
MIAMI, July 21, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ryder System, Inc. (NYSE: R), a global leader in transportation, supply chain management and warehousing solutions, today announced it has been awarded a multi-year contract by the United States Postal Service (USPS).
Under the contract, Ryder will develop and manage a customized transportation solution to optimize the USPS' Non-Mail Freight transportation network nationwide, supporting USPS locations nationally and internationally. Ryder will provide transportation procurement, shipment planning and execution, compliance management and other related services. The rollout is expected to be complete in November 2005.
Commenting on the new contract, Tony Tegnelia, Ryder's President of U.S. Supply Chain Solutions, said, "We appreciate the confidence the USPS has shown in our transportation and supply chain management capabilities. Ryder is looking forward to collaborating with the USPS to find new ways to improve service levels and optimize the performance of the USPS' transportation network."