Press Release

DBRS Discontinues Ryder System, Inc. and Ryder Truck Rental Canada Ltd. Ratings

Industrials
March 20, 2014

DBRS has today discontinued all ratings on Ryder System, Inc. and Ryder Truck Rental Canada Ltd. (collectively, Ryder or the Company). This rating action was taken at Ryder’s request and is unrelated to any change in the credit profile of the Company. The discontinued ratings include the previous BBB (high) Issuer Rating on Ryder System, Inc., the previous Senior Unsecured Debt rating of BBB (high) and the previous Commercial Paper rating of R-2 (high), all of which had Stable trends.

Notes:
The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

The applicable methodology is Rating Companies in the Trucking Industry, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

Ratings

Ryder System, Inc.
Ryder Truck Rental Canada Ltd.
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.