CONTACT: Carol A. Schneider
Investor and Public Relations
(330) 643-6608
AKRON, Ohio - July 6, 2001 - Roadway Express, Inc. has received the "2000 Ryder Carrier Quality Award" in the National Carrier category from Ryder System, Inc., a global leader in supply chain and transportation management solutions. The award was presented by Tim Podvin, Director of North American Logistics Procurement for Ryder, to Michael Murphy, Senior Vice President of Corporate Sales for Roadway at a ceremony at Ryder Transportation Management corporate offices in Ann Arbor, MI. on June 19, 2001.
"Ryder is proud to honor its top-performing carriers of 2000," said Jim Monkmeyer, Group Director, Ryder Transportation Management. "These outstanding companies often represent the cornerstone of the logistics services we provide our customers. The winners are truly the 'Best-of-the-Best' in the industry."
Selections are made based on a quantitative scorecard with points given on a variety of metrics, including on-time service, claims performance, customer service, technology, economic value and innovation.
"We are delighted to honor these carriers for providing outstanding service performance to our customers in 2000," said Podvin.
"We want to thank Ryder for recognizing Roadway as one of their top carrier partners," stated Murphy. "Such a distinguished award reinforces the customer focus our corporate culture supports. We will continue to provide a high level of customer relationship management and customized service to strengthen our partnership with Ryder."
Ryder (NYSE: R) 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.
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.
Roadway Express, Inc. is the principal subsidiary of Roadway Corporation (Nasdaq: ROAD), a holding company dedicated to identifying opportunities to expand the transportation related service offerings available to customers through the Roadway portfolio of strategically linked transportation companies. Roadway Express is a leading transporter of industrial, commercial and retail goods with a variety of innovative services designed to meet customer needs. An ISO 9002 certified carrier, Roadway Express provides seamless service between all 50 states, Canada, Mexico and Puerto Rico including export services to 66 countries. For additional information, contact the Company at www.roadway.com.
