Ryder Marks Veterans Day with Nearly 4,500 Military Veteran Hires Since 2011

Company Continues to Expand Military Recruiting Initiatives in
Support of Attracting the Best of the Best to the Transportation and
Logistics Industry

MIAMI–(BUSINESS WIRE)–#VeteransDay–Ryder System, Inc. (NYSE:R), a leader in commercial fleet
management
, dedicated
transportation
, and supply
chain
solutions, today announced the results of its military
recruiting program, launched five years ago, which continues to have a
positive impact on both the veteran population and the transportation
and logistics industry. Since joining the U.S. Chamber of Commerce
Hiring Our Heroes program in November 2011, Ryder has hired 4,480
veterans and increased the percentage of veterans among its U.S.
workforce to more than 10 percent. In addition, Ryder has engaged in
numerous veteran hiring initiatives designed to help ease the transition
from military to civilian life. As part of its Chamber involvement,
Ryder is a FASTPORT partner and member of the Veterans Employment
Advisory Council. For three consecutive years, since 2013, the Company
has been named one of CivilianJobs.com’s Most Valuable Employers for
Military.


TWEET THIS: @RyderSystemInc Marks Veterans Day with the Hire of Nearly
4,500 Military Veterans Since 2011

“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,” said
Robert Sanchez, Chairman and CEO, Ryder. “Investing in our military
veteran community across the country is not only the right thing to do,
but it also makes good business sense. Our veterans possess distinct
skills learned through military service that can be easily translated to
jobs at Ryder. Their ability to follow through on commitments and their
inherent integrity and discipline are characteristics that are vital to
delivering on our promises to customers. Simultaneously, we’re able to
expand the talent pool at a time when drivers and technicians are needed
to support the growth of our business.”

In August, Ryder renewed its commitment to the Employer Support of the
Guard and Reserve at a signing ceremony held at the Great American
Trucking Show in Dallas, Tex. Additionally, last month, Ryder graduated
its first class of veteran diesel technician students, who successfully
completed Ryder’s 12-week program in partnership with Soldier for Life –
Transition Assistance Program. The six graduates, military veterans who
began the program within 180 days of separation, were provided hands-on
diesel technician training at Fort Sill and at a Ryder maintenance shop
in Oklahoma City. Upon completion of the program, they were placed in
eligible open technician positions at Ryder locations across the
country. The program’s second class, consisting of five students, was
just recently launched on October 24.

Earlier this year, Ryder donated $30,000, specifically earmarked to give
female veterans priority to Veterans at Work: Military Transition Fund
awards. The program is a vocational/technical-focused initiative created
by TechForce Foundation, a 501(c)(3) nonprofit that provides
scholarships and grants to help veterans obtain the technical education
needed to transition their skills into careers at home in the
transportation industry. This donation provides short-term funds to help
veterans bridge the gap between the time it takes for them to start
their technical education and for their veterans benefits to take
effect. This funding enables veterans to get settled, start school, find
a part-time job, and get on their feet without having to worry about the
cash flow dilemma.

Ryder has also established its own Women Veterans Task Force, an
eight-member panel consisting of female military veterans in managerial
or supervisorial roles at Ryder, who collaborate regularly to discuss
different strategies for recruiting more female veterans to the
industry. The Ryder Women Veterans Task Force was formed out of a desire
and need to engage female leadership regarding female military veterans.
These women, who are veterans themselves, are brand ambassadors, serving
as positive voices in the veteran community. This past summer, the panel
of eight attended Women in Military Service for America Memorial in
Virginia, where they partook in a roundtable and exchanged ideas
regarding effective ways of reaching female veterans through different
community outreach initiatives.

At Ryder, retaining great talent is equally as important as recruiting
it. The Company invests in making sure its military veteran new hires
feel at ease on the job from day one. Ryder makes this possible through
its Veteran Buddy program, which pairs veteran new hires with a Ryder
military veteran “buddy,” who is available to help them assimilate to
their new work environment.

One of the Company’s most recently launched military recruiting
initiatives is its partnership with United
Way Mission United
(Mission United) United Way of
Miami-Dade’s newest program that connects veterans with essential
services and employment opportunities so they can re-acclimate to
civilian life. The program was launched in Miami-Dade County this July
and is a source of support for 62,000 Miami-Dade locals, with a focus on
post-9/11 veterans and their immediate families.

Ryder’s Group Director of Recruiting Services, Patrick Pendergast, is
the Chair of Mission United’s Employment Committee, which helps connect
veterans with essential services and employment opportunities. The group
helps transitioning veterans with employment preparation, including
resume and interview skill building, as well as legal and financial
counseling. A portion of the funds raised by Ryder’s 2016 United Way
campaign in September went toward this cause. Ryder also recently
sponsored United Way’s annual “Let’s Do Lunch” series, which connects
United Way Women’s Leadership members with top female executives and
visionaries in the community. Women’s Leadership members each give
$1,000 or more annually in support of United Way of Miami-Dade.

Veterans interested in a career in transportation can visit Ryder’s
military hiring landing page, www.ryder.com/military,
where they can match their skills with open positions at Ryder.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder’s stock
(NYSE:R) is a component of the Dow Jones Transportation Average and the
Standard & Poor’s 500 Index. Ryder has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. The Company is a proud member
of the American Red Cross Disaster Responder Program, supporting
national and local disaster preparedness and response efforts. For more
information, visit www.ryder.com,
and follow us on our Online
Newsroom
, Facebook,
LinkedIn,
Twitter,
and YouTube.

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.

Contacts

Ryder System, Inc.
Jennifer Hanlon, 305-500-4547
Jennifer_A_Hanlon@Ryder.com
or
David
Bruce, 305-500-4999
DBruce@Ryder.com