Ryder Named as a Top Company for Women to Work For by Women in Trucking Association

Ryder System, Inc. (NYSE: R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, recently was announced as a recipient of the 2019 "Top Companies for Women to Work For in Transportation” by Redefining the Road, the official magazine of the 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 150 nominations were received and nearly 11,000 votes were cast to identify the companies committed to the employment of women in the trucking industry.

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More than 150 nominations were received and nearly 11,000 votes were cast to identify the companies, such as Ryder, committed to the employment of women in the trucking industry. (Photo: Business Wire)

"It’s a true honor to be recognized by Women in Trucking, an organization that advocates for women in our industry,” said Karen Jones, Chief Marketing Officer for Ryder, and 2016 finalist for WIT’s "Influential Woman in Trucking” award. "Ryder believes in the power of gender diversity and has demonstrated the value of that commitment across all parts of our business. We aim to foster a culture that is diverse and inclusive, one that supports women’s passion for our industry by valuing their contributions. We’re proud of the steps taken to invest and empower women to-date, but know that this is only just the beginning.”

Ryder has long been committed to initiatives that create more equitable opportunities in both its workplace and across the trucking industry. In 2014, Ryder and WIT collaborated to improve working conditions for female drivers and enhance safety by designing a female-friendly ergonomic truck cab that address the unique challenges women face when operating modern commercial heavy-duty vehicles. The vehicle package is available as a custom design with 15 specifications intended to better meet the needs of female drivers. Ryder has also partnered with WIT since 2016 to offer scholarships to women pursuing transportation careers, at a time when the industry needs to grow the pool of qualified diesel technicians and professional drivers. In 2018, Forbes recognized Ryder as a "Best Employer for Women” based on being a company where women can develop a rewarding career in the trucking industry. Additionally last month, the National Association of Corporate Directors (NACD) honored Ryder for its exemplary board-leadership practices that promote and foster diversity and inclusion in the workplace.

2019 WIT nominations were evaluated based on several key features, including: corporate cultures that foster gender diversity; competitive compensation and benefits; flexible hours and work requirements; professional development opportunities; and career advancement opportunities. Ryder was recognized among a list of companies across diverse business sectors in the commercial freight transportation marketplace including motor carriers, third-party logistics companies, and original equipment manufacturers. Companies on the list were recognized at a special program in Dallas, Texas, at the Accelerate! Conference & Expo on October 2.

To see all the companies named to the 2019 "Top Companies for Women to Work For in Transportation” list, visit: https://www.womenintrucking.org/top-companies-for-women-to-work-for-in-transportation-named-by-wit.

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 is a Fortune 500® commercial fleet management, dedicated transportation, and supply chain solutions company. The company’s stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder, which provides commercial truck rental, truck leasing, used trucks for sale, and last mile delivery services, has been named among "The World’s Most Admired Companies” by Fortune, as well as one of "America’s Best Employers” and "America’s Best Employers for Women” by Forbes. The company is regularly recognized for its industry-leading practices in third-party logistics, environmentally friendly fleet and supply chain solutions, world-class safety and security programs, and hiring of military veterans. For more information, visit www.ryder.com or our newsroom, and follow us on Facebook, LinkedIn, and Twitter.

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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