Ryder Awarded on the Forbes America’s Best Employers for Veterans 2021 List

Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, has been named to the Forbes list of America’s Best Employers for Veterans 2021. This prestigious award, in just its second year, is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The full awards list was announced earlier today and can be viewed on the Forbes website at https://www.forbes.com/lists/best-employers-for-veterans/#fb2dad73606f.

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Ryder has long been committed to recruiting military veterans as the company has hired more than 11,000 veteran employees in the United States since 2011. (Photo: Business Wire)

“At Ryder, we take pride in employing members of the veteran community, which is rich with disciplined, quality professionals whose skill sets match well with many roles in our company,” says Robert Sanchez, chairman and CEO for Ryder. “Our veterans possess distinct skills learned through military service. Their inherent integrity and ability to follow through on commitments are characteristics that are vital to delivering on our promises to customers. It’s a true honor to be recognized by Forbes, but more than anything, we are humbled by and proud of the veterans who work at Ryder. I’d like to thank and salute all our veterans for their service, sacrifice, and dedication; we are forever indebted to you.”

Forbes and Statista selected the America’s Best Employers for Veterans 2021 based on an independent survey completed by over 5,000 veterans working for companies employing at least 1,000 people within the United States. Participants were asked to give their opinion on a series of statements related to general topics regarding their own employer, for example: atmosphere and development, image, working conditions, salary and wage, workplace, diversity, and a set of topics related specifically to the interests of veterans in the workplace.

Veteran Hiring Initiatives at Ryder

Ryder has long been committed to recruiting military veterans as the company has hired more than 11,000 veteran employees in the United States since joining the U.S. Chamber of Commerce’s Hiring our Heroes program in November 2011.

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 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 at one of Ryder’s nearly 800 maintenance locations.

In 2017, the company was selected for the U.S. Chamber of Commerce’s Hiring Our Heroes Lee Anderson Veteran and Military Spouse Employment Award for overall excellence in hiring and retaining veterans, transitioning service members, and military spouses.

In 2018, Ryder partnered with The CDL School’s “Troops to Transportation” to offer driver training position to separating military members.

Earlier in 2021, Ryder received the Above and Beyond Award on behalf of the men and women of the National Guard and Reserve Forces for outstanding service and continuing support to the nation’s defense. The Above and Beyond Award is presented by Employer Support of the Guard and Reserve (ESGR) State Committees to recognize employers at the local level who have gone above and beyond the legal requirements of the Uniformed Services Employment and Reemployment Rights Act by providing their Guard and Reserve employees additional, non-mandated benefits such as differential or full pay to offset lost wages, extended health benefits, and other similar benefits.

Veterans interested in Ryder careers can visit http://www.ryder.com/military, where they can match their skills with open positions at the company.

Ryder Military Discount

Additionally, the company is extending military discounts to its customers with its latest program around used commercial vehicles. This Veterans 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.

About Ryder

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and 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 world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, Canada, and the United Kingdom. In addition, Ryder manages nearly 235,000 commercial vehicles and operates more than 300 warehouses encompassing approximately 64 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, including our expectations of RyderShare’s capabilities and our sustainability and technology initiatives, 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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