Ryder Earns 2021 Military Friendly® Employer Designation

MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management, announced it has been awarded the 2021 Military Friendly Employer recognition for the second consecutive year. The company will be showcased along with other 2021 Military Friendly Employers in the December issue of G.I. Jobs® magazine and on MilitaryFriendly.com.

“At Ryder, we take pride in employing members of the veteran community, which is rich with disciplined, stand-up individuals whose skill sets match well with many roles in our company,” said Robert Sanchez, Chairman and CEO for Ryder. “It’s a true honor to be recognized as a Military Friendly Employer, but more than anything, we are humbled by and proud of the veterans we hire—not only because of their service to our country, but also because they provide tremendous value to Ryder and our customers. Our veterans’ ability to follow through on commitments and inherent integrity and discipline are characteristics that are vital to delivering on our promises to customers. On behalf of Ryder, I’d like to thank and salute all our veterans for their service and sacrifice; we are forever indebted to you.”

In addition, Ryder was recently featured on Monster/Military.com’s Companies to Watch in 2020 listing for the company’s dedication and ambitious veteran hiring goals. Visit the Monster and Military.com 2020 best companies for veterans listing page to see the complete list of companies that are being recognized for veteran hiring efforts.

Ryder has long been committed to recruiting military veterans as the company has hired more than 9,800 veteran employees in the United States since joining the U.S. Chamber of Commerce’s Hiring our Heroes program in November 2011. Veterans interested in Ryder careers can visit www.ryder.com/military, where they can match their skills with open positions at the company.

Additionally, the company is extending military discounts to its customers with its latest program around used commercial vehicles. This Veteran’s Day, Ryder will begin to offer 10% off the advertised price of a used vehicle to veterans, active military, and reservists. Visit ryder.com/used-trucks for terms and conditions and to learn more.

In 2015, Ryder launched its Veteran Buddy Program that pairs Ryder employees who are military veterans with new veteran employees. The program is designed to help ease the transition from military to civilian life, which can be a major challenge for recently separated veterans returning to the workforce. In 2016, Ryder launched the free Ryder Diesel Technician Career Skills Program in partnership with the U.S. Army. The program trains current active duty military members for placement into a Ryder technician position after military service.

“Companies that have earned this designation have invested in substantive programs to recruit, retain, and advance veterans within their organizations,” said Josh Rosen, Director of Military Friendly. “To them, hiring veterans isn’t just the right thing to do. It’s good for business.”

The Military Friendly Employer designations were determined by combining an organization’s survey score with an assessment of the company’s ability to meet thresholds for applicant, new hire retention, employee turnover, and promotion and advancement of veterans and military employees. Hundreds of companies participated in the Military Friendly Employers portion of the 2021 Military Friendly Companies survey.

About Ryder

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and commercial fleet management solutions, including full service leasing, rental, and maintenance, used vehicle sales, professional drivers, transportation services, freight brokerage, warehousing and distribution, e-commerce fulfillment, and last mile delivery services, to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages more than 250,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 55 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmentally friendly solutions, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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Contacts

For information contact:

Jonathan Mayor

(305) 500-3161

Jonathan_C_Mayor@Ryder.com

Amy Federman

(305) 500-4989

AFederman@Ryder.com

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