RYDER HONORS NEMF  
- LTL Carrier Recognized at Annual Presentation-

June 2006

New England Motor Freight (NEMF) has been presented the Ryder Carrier Quality Award for 2005. The award marks NEMF as one of Ryder's top carrier partners. Nationally, only 15 companies from all modes of transportation - five of them less-than-truckload (LTL) carriers - were awarded the prestigious honor. NEMF was named Ryder's top LTL carrier in the Northeast region. This is the seventh consecutive year that NEMF has received recognition from Ryder for outstanding carrier performance.

Ryder Transportation Management measures the performance of all transportation providers' performance, for the purpose of selection and growth with the carriers who can best deliver superior service and value to its clients. Selection criteria are based on a quantitative scorecard that includes on-time service, claims performance, customer service, technology, economic value and innovation.

Vice President of National Accounts Ed Generous and National Account Executive Tom Ringwood accepted the award for NEMF at a dinner for carriers hosted by Ryder. "NEMF has an excellent partnership with Ryder," said Ringwood. "We're very happy that once again they have recognized us as one of their top carriers."

Ryder (www.ryder.com) is a Fortune 500 company providing leading-edge transportation, logistics and supply chain management solutions worldwide. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the Standard & Poor's 500 Index.

Based in Elizabeth, NJ, family-owned NEMF (www.nemf.com) is the largest LTL carrier in the Northeast region. It operates 30 terminals throughout the Northeast, Florida, Puerto Rico and Canada, and reaches 85 percent of the U.S. population through service partnerships. NEMF is a member of the Shevell Group of Companies, which also includes Carrier Industries (third-party logistics and dedicated fleet), Eastern Freight Ways (Northeast truckload carrier), Apex Logistics (brokerage - nationwide truckload) and NEMF World Transport (Puerto Rico).