TRALA JOINS NATIONAL SAFETY COUNCIL IN HONORING
RYDER CEO GREGORY T. SWIENTON AS RECIPIENT OF
GREEN CROSS FOR SAFETY MEDAL

ALEXANDRIA, VA - May 20, 2002 - The Truck Renting and Leasing Association is proud to announce that Gregory T. Swienton, President and CEO of Ryder System, Inc., a founding TRALA member, is the 2002 recipient of the National Safety Council's Green Cross for Safety.

The National Safety Council is presenting its highest honor to Swienton for his commitment to workplace safety and corporate citizenship. Swienton is the first transportation industry executive to receive this honor.

Since joining Ryder, Swienton identified safety as one of the company's top five goals and raised the visibility of safety in the organization by creating the position of Vice President for Safety, Health and Security. Ryder's health and safety team is one of the largest organizations of its kind in the transportation industry.

"The truck renting and leasing industry places an absolute premium on safety as a key component of our operations," said TRALA President and CEO Peter Vroom. "The presentation of this nationally recognized award to one of our largest members demonstrates that Ryder management and employees 'walk the walk.' Each year, truck renting and leasing companies and their customers rank among the very top in safety and professionalism on the road and in the workplace. We applaud Ryder and the many TRALA member companies that work hard each day to make safety their first priority."

The Green Cross for Safety Medal will be presented to Swienton at a National Safety Council gala on May 20 at the Waldorf-Astoria Hotel in New York City. TRALA President and CEO Peter J. Vroom will represent the association at the event.

Before joining Ryder in 1999 as its president and chief operating officer, Swienton spent more than 20 years in the transportation industry with Burlington Northern Sante Fe Corporation and DHL Worldwide Express. In November 2000, Swienton was named Ryder's president and chief executive officer, and this month, he became the chairman of Ryder's Board of Directors.

ABOUT TRALA
The Truck Renting and Leasing Association, based in Alexandria, Va., is a voluntary, non-profit national trade association, organized in 1978 to provide a unified and focused voice for the truck renting and leasing industry. TRALA's membership includes more than 650 leasing and rental firms and 100 suppliers that make up nearly the entire full-service truck renting and leasing industry. The renting and leasing industry is responsible for approximately 40 percent of all new class 3 through 8 commercial truck registrations.

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. Ryder's stock is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index. With a 2000 revenue of $5.35 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.

ABOUT NATIONAL SAFETY COUNCIL
The National Safety Council is a non-profit, nongovernmental, international public service organization dedicated to protecting life and promoting health. NSC's more than 37,500-member locations include businesses, labor organizations, schools, public agencies, private groups and individuals. Founded in 1913, NSC's scope has expanded to include highway, community and recreational safety, as well as occupational and environmental health. The NSC estimates that 4.2 million lives have been saved through improved safety practices since the Council was established. For more information on NSC, visit www.nsc.org.