RYDER LAUNCHES TRANSFORMED INTERACTIVE WEB SITE TO PROMOTE SCOPE OF SERVICES

MIAMI, Fla., Ryder System, Inc. (NYSE:R), a global leader in supply chain and transportation management solutions, has re-launched www.Ryder.com, the Company's transformed and fully integrated Web site.

The new site, designed by InteractiveBlue, a leading enabler of digital economy businesses, features Ryder's full scope of supply chain and transportation solutions on a global basis, with new search capabilities and an interactive suite of online tools that include RyderTrac, RyderFlow and RyderShip. These tools provide advanced, Web-based inventory and transportation technology and functionality, allowing customers and suppliers to track their shipments around the world. For example, RyderTrac is an interactive track and trace solution for Ryder customers and employees, providing real-time visibility of shipments as they move through the supply chain.

"Ryder recognized the need to stay ahead of competitors by responding to its customers' needs faster and more efficiently," said Gene Tyndall, Ryder's executive vice president of Global Markets and e-Commerce. "We wanted to leverage advanced technology and better utilize the Internet to capitalize on the Company's market strengths and benefits for its customers. A newly transformed Web site has provided the foundation for Ryder to deliver rich Web-based tools for its customers."

The site, containing new user-centric portals for customers, employees, investors and media, is designed to provide quick-path access to pages of special interest to each user group, as well as answers to frequently asked questions direct from Ryder's industry experts. The new site is part of Ryder's aggressive effort to integrate its presence throughout the supply chain and become an indispensable, branded part of the business process. Additionally, www.Ryder.com provides a road map for the development of future site components, which will include multi- language and single sign-on capabilities.

About InteractiveBlue

InteractiveBlue is a leading enabler of digital economy businesses, providing sophisticated end-to-end e-solutions focusing on three core disciplines: digital strategy, design and technology. InteractiveBlue strives to unlock new sales and revenue opportunities, to acquire and retain clients, to improve communications with suppliers, vendors, and business partners, and to improve employee retention and morale. With offices in Boston and Miami, it supports mid-size to global 1000 businesses all along the eastern seaboard. InteractiveBlue has managed to create success with a number of big names, including Terra Networks, A&E: The History Channel, Bain Consulting, 3Com and Fidelity.

About Ryder

Ryder provides a continuum of leading-edge logistics, supply chain and transportation management solutions worldwide. Ryder's product offerings range from full-service leasing, commercial rental and programmed maintenance of vehicles to integrated services such as dedicated contract carriage and carrier management. Additionally, Ryder offers comprehensive supply chain solutions, consulting, lead logistics management services and e-Business solutions that support customers' entire supply chains, from sourcing of inbound raw materials through distribution and delivery of finished goods. Ryder serves customer needs throughout North America, in Latin America, Europe and Asia. For the fifth consecutive year, Ryder was ranked among Fortune's Most Admired Companies in the publication's 2001 survey of corporate reputations (Ryder has ranked among the top five in its industry category since 1997). Ryder has been named "Best in Transportation and Logistics" as one of Forbes' "Magnetic 40" listing of companies that "create a network of partnerships that can spur growth, innovation and most important, serve customers better." InternetWeek named Ryder one of the top 100 U.S. companies for its effectiveness in using the Internet to achieve tangible business benefits. For the third consecutive year, Inbound Logistics recognized Ryder in 2000 as the top third-party logistics provider. Ryder's stock is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. With 2000 revenue of $5.3 billion, Ryder was ranked 333rd on the Fortune 500 list and 319th on the Forbes 500 in 2001. For more information on Ryder System, Inc., visit www.ryder.com.