Owens Corning Expands Services with Ryder

Building materials company taps transportation provider for dedicated contract carriage services

Building materials company taps transportation provider for dedicated contract carriage services

Miami — February 25, 2005 — Building materials manufacturer Owens Corning has expanded its relationship with transportation services provider Ryder System to now include dedicated contract carriage (DCC) services.

In addition to the existing full-service lease relationship, Ryder will provide Owens Corning with dedicated contract carriage services that include drivers for its vehicles, fleet management and vehicle maintenance services.

"We have had a successful relationship with Ryder," said Mike Cramer, director of global logistics for Owens Corning. "Our partnership with Ryder continues to expand as a direct result of our enhanced performance capabilities and quality service we deliver to our customers. We have confidence in Ryder's transportation and logistics capabilities."

"Ryder is delighted to be chosen by Owens Corning to consolidate its transportation needs," said Tony Tegnelia, executive vice president of U.S. Supply Chain Solutions for Ryder. "We are confident that our solution will add value throughout their distribution channel, assisting Owens Corning in achieving their growth objectives."

Owens Corning produces building materials systems and composites systems. Founded in 1938, the company had sales of $5 billion in 2003.

For more information on the latest trends in the logistics space, see the article "The Analyst Corner: Fulfillment & Logistics" in the October/November 2004 issue of Supply & Demand Chain Executive.

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