Ryder System, Inc. (NYSE:R), a leader in supply chain, dedicated transportation, and fleet management solutions, has been recognized by Military Times as one of the Best for Vets: Employers. This is Ryder's third consecutive year making this top companies list for veterans.

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For three consecutive years, Ryder has been recognized by Military Times as one of the Best for Vets: Employers. Ryder has long been committed to recruiting military veterans as the company has hired more than 14,000 veterans since 2011. (Graphic: Business Wire)

"At Ryder, we take pride in employing members of the veteran community, which is rich with unique work experiences, skills, and inherent leadership qualities that make veterans highly valued recruits for a number of positions at Ryder," says Robert Sanchez, Chairman and CEO for Ryder. "It's a true honor to be recognized as a Best for Vets Employer by Military Times, 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. On behalf of Ryder, I'd like to thank and salute all our veterans for their service and sacrifice."

In its 14th year, Military Times Best for Vets: Employers rankings are based on the results of a voluntary survey that asks companies about their policies, practices, and benefits for veterans and their families. The survey captures the areas of greatest importance to transitioning service members and veterans when looking for an employer.

Ryder has long been committed to recruiting military veterans. Since joining the U.S. Chamber of Commerce's Hiring our Heroes program in November 2011, the company has hired more than 14,000 veterans, including more than 350 soldiers who completed the Ryder Pathway Home program. The Ryder Pathway Home program helps ease the transition to civilian life for U.S. soldiers through a twelve-week diesel maintenance technician training course, as well as offering employment opportunities as a Ryder technician upon completion of the training. Veterans interested in Ryder careers can visit Ryder Veterans Jobs, where they can match their skills with open positions at the company.

During the holiday season, Ryder is partnering with the Marine Corps Reserve Toys for Tots Program. Ryder's commercial rental workforce of more than 1,000 employees across the United States are encouraged to participate in the Toys for Tots Program. Ryder rental employees led by former U.S. Marine and Ryder vice president of rental product management, Evan Dexter, are proud to support the program initiatives centered around delivering toys during the holidays to over 281 million less fortunate children, as well as year-round support to families experiencing challenges and exceptional circumstances.

Ryder also offers military discounts to its customers with its latest program around used commercial vehicles. The company offers 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.

To view the full list of companies recognized by Military Times, visit 2023 Employers – Military Times: Best for Vets.

About Ryder System, Inc.

Ryder System, Inc. (NYSE:R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world's most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, 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, including our expectations with respect to employee hiring and training, 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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