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Ryder Named a “Top Company for Women to Work For in Transportation” Underscoring Diversity Initiatives

Women In Trucking Association honors Ryder for second year in a row for its commitment to the employment of women in the trucking industry

MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation and commercial fleet management solutions, was recently announced as a recipient of the 2020 “Top Companies for Women to Work For in Transportation” by Redefining the Road, the official magazine of Women In Trucking Association (WIT). The magazine created the award to support part of WIT’s mission to promote the accomplishments of companies that are focused on the employment of women in the trucking industry. This year, more than 125 nominations were received and nearly 13,500 votes were cast to identify the companies that are leading the commitment to the employment of women in the trucking industry.

“Embracing diversity of every kind is at the heart of Ryder’s culture, and we have seen the tremendous value of having diversity across every part of our business,” said Karen Jones, Chief Marketing Officer for Ryder, and a 2016 Influential Woman in Trucking finalist. “Ryder is proud to be a company that values the impact that women have in our industry and we remain committed to fostering a culture of diversity and inclusion among all our employees. While there is always more work to be done, we are proud of what we have accomplished with advancing more women in the ranks of Ryder.”

The 2020 WIT nominations were evaluated based on various elements including: corporate culture supportive of gender diversity; flexibility in hours and work environment; competitive compensation; quality benefits package; training, continued education and development support; career advancement opportunities; and well-maintained and safe equipment and facilities for drivers.

Ryder is an active participant in the Women In Trucking Association and supports its mission to encourage the employment of women in the trucking industry, promote their accomplishments, and minimize obstacles faced by women working in the trucking industry. So far in 2020, 20% of Ryder’s new hires have been women, up 28% from the year prior. Ryder has proven it is committed to gender diversity through its many initiatives to recruit and retain women in its workforce with more than 1,300 women in leadership roles throughout its operations in U.S. and Canada. This highlights Ryder’s ongoing commitment to addressing the logistics and transportation industry’s gender gap by empowering women to succeed across the company.

“When we consider a top company for women, Ryder has proven they are committed to gender diversity. They have elevated their support to both the Women In Trucking Association and scholarship foundation with higher level financial commitments as well as in board participation with both organizations. This intense effort to create a more female friendly industry is commendable and evident in this recognition,” said Ellen Voie, President/CEO, Women In Trucking, Inc.

Forbes has recognized Ryder as a “Best Employer for Women” – a place where women can develop a rewarding career. In 2020, Ryder’s Group Director of Safety, Health & Security Mauryo Jones was named to WIT’s “Top Women to Watch in Transportation” and in 2019, Ryder’s Director of Transportation Management Ruth Lopez was named the winner of WIT’s “Influential Woman in Trucking” award, further demonstrating Ryder’s emphasis on women as an integral part of the trucking industry. As a WIT sponsor, Ryder annually supports the scholarship program to make technical training and education more affordable for women who strive to grow a career in trucking.

View the full list of the 2020 “Top Companies for Women to Work For in Transportation” list here.

About Women In Trucking Association

Women In Trucking Association, Inc. is a nonprofit association established to encourage the employment of women in the trucking industry, promote their accomplishments and minimize obstacles faced by women working in the trucking industry. Membership is not limited to women, as 17 percent of its members are men who support the mission. Women in Trucking is supported by its members and the generosity of Gold Level Partners: Arrow Truck Sales, BMO Transportation Finance, Daimler Trucks North America, Expediter Services, FedEx Freight, Great Dane, J.B. Hunt Transport, Michelin North America, Penske Transportation Solutions, Peterbilt Motors Company, Ryder System, and Walmart. Follow WIT on Twitter, Facebook, or LinkedIn. For more information, visit www.womenintrucking.org or call 888-464-9482.

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

Jonathan Mayor

305-500-3161

jonathan_c_mayor@ryder.com

Amy Federman

305-500-4989

AFederman@Ryder.com

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